Progress draws
Monthly draws are requested against work in place, documented with photos, and confirmed by the owner before charging.
A free new build construction contract template: mobilization, four monthly progress draws, and a final retainage draw at completion.
Free software, unlimited seats. AirInk charges 0.49 percent when a milestone releases.
Each stage charges when it clears. Nothing is collected upfront and AirInk never holds your money.
Percentages are the default. Change any stage before you send the contract.
Monthly draws are requested against work in place, documented with photos, and confirmed by the owner before charging.
Owner-caused delays are billed at $2,500 per week of standby mobilization.
On termination for convenience the contractor is paid for work in place plus 10 percent overhead.
Ten percent releases at final completion after the owner walkthrough.
Termination for convenience: contractor paid work in place + 10% overhead.
Client-caused delays billed at $2,500/wk mobilization.
AirInk templates are starting points written in plain language, not legal advice. Review anything binding with your own attorney.
On long builds, monthly draws against work in place keep cash flow steady and match how most lenders and owners already think. This template ships mobilization plus four monthly draws.
Attach GPS-tagged photos to the draw. The owner sees the evidence with the request, which cuts the back and forth before a payment clears.
The delay clause bills standby at $2,500 per week. Add it as a milestone when it happens rather than absorbing it.
No. The software is free with unlimited seats. AirInk charges 0.49 percent when a draw releases, with bank transfer processing included in that fee. Card processing is itemized separately at the rates shown in your fee schedule.
Create your account and this template is already selected in your workspace.