1. Watertown-specific tax handling
- State sales tax: 4%. Local jurisdictions in Watertown may add their own rate β verify with your local tax assessor.
- Late fees: NY statute NY Gen. Oblig. Law Β§5-501 caps interest on unpaid invoices at 2% per month.
2. Standard general contractor line items
- Mobilization β billed by flat.
- Labor β billed by hour (~$85 default).
- Materials β billed by itemized.
- Subcontractor markup β billed by percent.
3. Payment terms that work in Watertown
Net 30 is standard for general contractors. Most general contractors in competitive markets like Watertown require a 25% deposit upfront before scheduling work. Accept card and ACH on the invoice itself β Watertown customers expect a one-click payment link in their inbox.
4. Licensing & disclosures
Most states require a general contractor license over a job-value threshold (varies $500-$50K). Bonding and insurance commonly required.
Metro
Watertown
State
NY
Net terms
30 days
Deposit
25%