Mini-Split Cost and Payment Question
We have a 52-year-old Frank Lloyd Wright architecture house, 3,200 sq. ft., 5-bed, 2 levels. Our only option for air conditioning is mini-split systems. The cost is very high, averaging $30K for 3 outdoor compressors (36,000/24,000/18,000 BTUs) and 8 indoor units (1 x 6,000; 1 x 12,000; 1 x 15,000, 5 x 9,000 BTU wall units) with wireless thermostats.
I would appreciate feedback on the following: Is this cost for installation of Mitsubishi systems a fair rate?
The company we're going with has asked for $10K when the job starts and another $10K after 2/3rd of the job is done, with the remainder when the whole job is finished. Is it fair to ask this? I thought contractors were paid only when the job was done satisfactorily. Thanks for your help.