Progress Payment Schedule Template
Template for Progress Payment Schedule. Customize this template for your specific needs.
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Document: Progress Payment Schedule
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Version 1 • Last updated 7/30/2026
Progress Payment Schedule
Project Details: Project Address: [INSERT FULL ADDRESS] Client Name(s): [INSERT CLIENT NAMES] Builder License Number: [INSERT LICENSE NUMBER] Contract Date: [INSERT DATE] Total Contract Value: $[INSERT TOTAL VALUE]
Schedule of Payments:
| Stage Number | Stage Name | Description of Work Required | Amount Due ($) |
|---|---|---|---|
| 1 | Deposit | Initial payment to secure the booking and commence preliminary ordering. | $[INSERT AMOUNT] |
| 2 | Base Stage | Completion of site excavation, pouring of concrete footings, and installation of sub-floor plumbing. | $[INSERT AMOUNT] |
| 3 | Frame Stage | Completion of the framing, trusses, and roof covering. The structure is weatherproof. | $[INSERT AMOUNT] |
| 4 | Lock-Up Stage | Installation of external doors and windows. The property can be securely locked. | $[INSERT AMOUNT] |
| 5 | Fixing Stage | Installation of internal linings, architraves, skirtings, doors, and fit-offs of wet areas. | $[INSERT AMOUNT] |
| 6 | Practical Completion | All building work is complete except for minor defects. The site is clean and the home is ready for handover. | $[INSERT AMOUNT] |
| Total | $[INSERT TOTAL] |
Terms and Conditions:
- Payments are due within [NUMBER] days of the builder issuing an invoice for the completed stage.
- The builder will notify the client in writing when a stage is complete.
- The client may inspect the work prior to payment.
- Goods and Services Tax (GST) is [INCLUDED/EXCLUDED] in the above amounts.
Signatures:
[Builder Name] Date: [DATE]
[Client Name] Date: [DATE]
About this Template
Part of the Progress Payment Schedule document collection
Document Type
Progress Payment Schedule
A document that lists the specific stages of a construction project and the payment amounts due upon completion of each stage.