We have narrowed it down to the PB we would like to go with, we agreed on a price, but now we are at the next hurdle which seems impossible to pass. PB gave us a copy of the template contract that they use to review and upon doing so I found numerous things I was not thrilled with, were completely one sided, or were not in line with what we had agreed on. So I prepared a contract that had most of their language, plus some of my own and went into much more detail regarding the job, but they flat out refused to sign that one...I am willing to use their's but it has to be marked all over because it is so generic and vague. Now, I may just be picky because I work in law BUT I don't feel as though I am being unreasonable.
Their payment schedule is 40-40-15-5 (all the payments are due before the work is completed ("at the time of"). We want it to be payment AFTER the work is completed...why would we need to pay for work that hasn't been done. The PB said "that is how we finance your job"...Sorry, but they are a multi million dollar company - they should have enough capital to fund jobs and get paid after the work is done (which is only like a day or two later...)
Am I being unreasonable?
Do you sign the contract as is with your PB? Or did you negotiate terms?