Warning: Never Pay a Construction Deposit in Uganda Until You Read This

Starting a construction project involves significant financial commitment, and one of the first steps is often paying a deposit. At Sterling Contractors, we believe in transparency, especially when it comes to financial matters. This guide aims to demystify project deposits for our clients in Kampala and beyond.

Why Are Deposits Required?

Material Procurement: A substantial portion of a deposit goes towards purchasing initial materials like cement, steel, and foundational hardware. This ensures that work can begin without delay.

Securing Labor and Equipment: Deposits help contractors allocate resources, including skilled labor and necessary equipment, for your specific project.

Commitment: A deposit signifies a mutual commitment between the client and the contractor, allowing for dedicated planning and scheduling.

How Sterling Contractors Handles Deposits

We provide a clear breakdown of how your deposit will be utilized. Our contracts outline payment schedules and milestones, ensuring you are informed every step of the way. We prioritize secure handling of funds and transparent accounting.

We encourage open communication. If you have any questions about your deposit or project finances, our team is always available to provide clarification and assurance.