“I’m trying to as formal on my first one here as I can. I’ve broken down the pricing, but don’t know how to include on there, that I want 25% up fron, 25% down the line and the final 50% on delivery. Is that a typical way of breaking the payments down?”
At the bottom of your bid, beneath the price breakdown, you have a numbered list of “notes.” These notes can be further subcategorized or not, but include conditions of the contract, like the date the bid expires, delivery timeframe, or the payment schedule. Your payment note could read like this: “Payment: 50% to secure contract, 50% at time of deliverables.”
Jamey C. Shafer
Inkling Productions
NYC