A progress payment is a partial payment made to a contractor during the construction process. These payments are scheduled at specific stages of the project, such as after completing the foundation, framing, or roofing. Progress payments ensure that the contractor has the necessary funds to continue work and purchase materials. They also help the client manage cash flow and monitor project progress. At P J Cook Building, we structure progress payments to align with project milestones, ensuring transparency and financial control for our clients. For more information, please contact us.