1. The Capital Architecture
Every project initiated on www.buildcrex.com operates inside a structured milestone framework. Money paid by a Client for a specific phase is not given directly to the contractor, nor is it merged into BuildCrex's corporate operating accounts.
2. Milestone Locking & Capital Dispatch
- Funding the Vault: Before a Service Provider is authorized to deploy laborers or acquire materials, the Client must deposit 100% of that milestone's allocated budget into the Escrow Vault.
- Execution Phase: The escrow engine locks the funds. The contractor logs progress using daily, GPS-tracked proof of work.
- The 48-Hour Deemed Approval Window: When a contractor marks a milestone as complete and uploads final proof of work, the Client has exactly 48 business hours to inspect and either approve or reject the submission.
3. Administrative Fees
Upon successful funding of any milestone vault, BuildCrex accounts for its standard platform transaction fee of 5% from the gross transaction value. This fee represents the administrative cost of providing identity verification, hosting the software ledger, and conducting matching operations. The platform fee is considered earned upon initial escrow deposit and remains locked against subsequent project cancellations.
4. Unilateral Freezing Power in Disputes
If either party logs a formal objection before the 48-hour window closes, the escrow system locks down the contested funds completely. BuildCrex retains the unilateral administrative right to hold all disputed capital in the vault until our internal 3-Stage Dispute Resolution Protocol has run its course and a formal arbitration verdict is issued by the Customer Success team.