Free Tool
Free construction draw schedule calculator
Enter your contract, deposit, number of draws, and retainage to see what you actually collect at each draw and how much cash sits in retainage. Free, no signup.
| Draw | Billed | Retainage held | You collect |
|---|
Deposit up front
$0
Held in retainage
$0
Average progress draw
$0
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See the cash before you sign
A profitable job can still starve you if the money lands at the wrong time. This projector lays out the cash-flow shape of a contract so you can spot the tight spots before the work starts.
Enter the contract amount, a deposit or mobilization percent, how many progress draws you plan to bill, and the retainage the owner holds. The table shows each draw, the retainage held from it, and what you actually collect.
The deposit is billed up front and is not retained, so it front-loads a little cash to get moving. Retainage is the part to watch. A ten percent hold on a big contract is real money sitting on the sidelines until closeout, and the summary shows exactly how much you are carrying.
This splits the contract evenly across your draws to show the pattern. Real billing follows percent complete, so treat this as the cash-flow picture, not a fixed schedule.
Questions
What is a draw schedule?
It is the plan for how a contract gets billed and paid over the life of a job, usually a deposit up front and a set of progress draws as the work moves along.
How does retainage affect cash flow?
The owner holds a percent of each draw until the job closes, so you carry that cost while you keep paying labor and materials. The summary shows the total you are holding.
How many draws should I use?
It depends on the job length and the owner's terms. Try a few draw counts to see how the timing changes what you collect and when.
Is this really free?
Yes. No email, no signup, and nothing you type leaves your browser.
Bill to percent complete automatically
Werx turns your schedule of values into AIA-style progress billing, tracks retainage on every draw, and shows what each job is really collecting. 14-day free trial, no credit card.
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Disclaimer: These free tools and templates are provided for general information and estimating purposes only. All results — including quantities, material and cost estimates, load, sizing, and span figures, scores, and any guidance or warnings — are rough approximations that may not fit your specific project, site conditions, local building codes, or current prices. They are not engineering, architectural, structural, legal, financial, or other professional advice, and are not a substitute for a licensed engineer, architect, contractor, or other qualified professional. Always confirm quantities, sizing, and structural, electrical, mechanical, and code requirements with a licensed professional and your local authority having jurisdiction before purchasing materials or performing any work. Werx makes no warranty as to accuracy and accepts no liability for any decision made using these tools. Use at your own risk. See our Terms of Service.