A wooden boat is not bought with a deposit; it is financed in stages tied to physical progress. A mobilisation payment covers the first timber, then each instalment releases only when a milestone – keel, planking complete, decking, launch – is verified on site. The structure exists to protect your money across a build that can run two years.
Why not a large deposit
A big up-front payment shifts all the risk onto the owner. Stage payments keep the yard motivated and your capital tied to something you can see and touch on the slipway.
A typical payment ladder
- Mobilisation – timber purchase and yard set-up.
- Keel and framing verified.
- Planking and dowel schedule complete.
- Decking and superstructure.
- Launch, sea trial and handover.
What the contract nails down
- The milestone that triggers each payment, in writing.
- Materials specification and timber sourcing evidence.
- Change-order pricing so mid-build additions have a known cost.
- The class, flag and registration path.
Ceremony and launch costs are usually owner-sponsored in IDR at local rates; everything else is quoted in USD. The wider budget picture is on the cost guide, and the contract itself is issued through the commissioning desk by PT Komodo Galangan Nusantara.
Ask for a sample payment schedule or email sales@komodoluxury.com
Frequently asked questions
What deposit do I pay to build a wooden boat at Bira?
There is no large deposit. You pay a mobilisation instalment for timber, then stage payments released against verified physical milestones such as keel, planking, decking and launch.