At Cost Plus Construction, we believe in transparency and fairness in all our dealings with our valued customers. As part of this commitment, we have established a Deposit Return Policy to outline the process by which customer deposits are handled upon completion of their projects.

Policy Overview:

Customer deposits will be released in two stages:

• 50% of the deposit will be released once the job is completed, as confirmed by both the construction manager and the customer.

• The remaining 50% will be released two weeks after job completion or once all invoices have been paid or applied to outstanding balances, whichever comes first.

This policy ensures that all payments from our customers are processed successfully and that any unexpected contractor invoices are accounted for post-project completion.

Our commitment to transparency and fairness is reflected in this policy, which aligns with our cost-plus model. This model prioritizes clarity and equitable arrangements for both parties involved.

We understand the importance of financial clarity, especially in the construction industry, where unforeseen expenses can arise after project completion. By implementing a structured deposit release timeline, we aim to minimize potential disruptions and ensure a smooth transition for all parties involved.

Thank you for your continued trust and partnership with Cost Plus Construction. If you have any questions or need further clarification regarding our billing policy, please don’t hesitate to reach out to us. We’re here to assist you every step of the way.

Best regards,
Cost Plus Construction