A payment schedule is a pre-agreed upon schedule of payments to a contractor usually based upon the amount and quality of work completed. Schedules may include a deposit when works are commissioned, but can sometimes also include the client withholding 5-10% of the total cost to be paid upon satisfaction completion of works, following the snagging (correction of any small items or jobs) of a project.
The DJS Research construction team can provide payment schedule market research speaking with clients and customers to collect their feedback on payment schedules.
We understand how important payment schedules are to the construction sector, and the impact they have on a project. The DJS Research construction team have successfully conducted research in the area for numerous clients using different methodologies to gain a better understanding of customer needs and preference for our client in this area.
If you would like to learn more about our research with payment schedule, please click here or call us on +44 (0)1663-767857.
DJS Research is an MRS company partner and an approved supplier for the government’s flagship procurement exercise and a range of major construction sector clients, some of whom specialise in and conduct Construction market research