Payment Schedule

I recently received a quote from an electrical contractor for some work upgrading the electric in my brownstone. It’s for $15,000 which is fine for the work involved but his payment schedule seemed a little strange: 1st payment 5k, 2nd 4k on 1/3 of work, 3rd 4k on 2/3 of work and final 2k on completion. Does this seem OK?

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