Nishant Sivakumar wrote:
The O.P. is talking about a 6 month contract - that's long enough to justify asking for advance monthly payments.
I guess that all depends on your customer. Even the US government doesn't give direct money to the contractor until the work is done. The money goes into a holding account (account change only) to move it to the supervisory department/group for the contractor (the government agency to whom the contractor directly answers to). Then as the contract is run over 6/12 months the money is paid based on work accomplished during that month, not the money allocated for that month. If you are underbudget, you have not put in the hours to get your full months allocation, over-budget, you took too much. Overbudget is not a problem until you reach the end of money, you either finish early (time-wise) which is frowned upon, or you aren't finished and need to request more money to accomplish the job. The latter requires forms, reports, and a stamped approval from someone you will probably never meet. _________________________ Asu no koto o ieba, tenjo de nezumi ga warau. Talk about things of tomorrow and the mice in the ceiling laugh. (Japanese Proverb)