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City of Milton Prompt Payment Affidavit THIS AFFIDAVIT IS TO ACCOMPANY THE PROPOSAL, when specified. Florida Statutes (218.735) requires: When a Contractor receives payment from a local government

How to fill out prompt payment affidavit

When filling out a prompt payment affidavit, it is important to follow certain steps to ensure accuracy and completeness. This document is typically required when a contractor or subcontractor seeks to enforce their right to prompt payment for services rendered. Here's a step-by-step guide on how to fill out a prompt payment affidavit:

Header Information:

Start by providing your personal or company information at the top of the affidavit. Include your name, address, contact information, and any other relevant details requested by the specific jurisdiction or entity requiring the affidavit.

Project Information:

Specify the project details for which the payment is being requested. Include the project name, contract number, address, and any other pertinent information requested by the owner or general contractor.

Payment Details:

Describe the details of the payment you are requesting. Specify the amount owed, the payment due date, and any related invoices or payment applications that support your claim.

Sworn Statement:

Include a sworn statement attesting to the accuracy of the information provided in the affidavit. Declare that the payment claimed is due and owing, and that all work or services have been performed according to the agreed-upon terms.

Notarization:

In some jurisdictions, prompt payment affidavits require notarization to validate the authenticity of the information provided. Ensure that you sign the affidavit in the presence of a notary public, and have them affix their official seal and signature to the document.

Who needs prompt payment affidavits?

Contractors:

Contractors often need prompt payment affidavits to ensure they receive timely payment for their services. This document serves as a formal notice to the owner or general contractor that payment is due and helps protect the contractor's right to prompt payment.

Subcontractors:

Subcontractors who perform work on a project may also require prompt payment affidavits to safeguard their right to prompt payment. By submitting this document, subcontractors can assert that they have fulfilled their obligations and are entitled to payment from the contractor or owner.

Suppliers:

Similarly, suppliers who provide materials or equipment for a construction project may need prompt payment affidavits to establish their right to payment. These affidavits serve as a legal protection for suppliers to ensure they are compensated for the goods they have provided.

In conclusion, filling out a prompt payment affidavit involves providing accurate and detailed information regarding the payment being requested. Contractors, subcontractors, and suppliers often require these affidavits to assert their right to prompt payment and secure compensation for the work, services, or goods they have provided.

For pdfFiller’s FAQs

What is prompt payment affidavit?

Prompt payment affidavit is a legal document signed by a contractor or subcontractor certifying that they have paid their subcontractors and suppliers in a timely manner.

Who is required to file prompt payment affidavit?

Contractors and subcontractors on public construction projects are typically required to file a prompt payment affidavit.

How to fill out prompt payment affidavit?

Prompt payment affidavit can be filled out by providing details of payments made to subcontractors and suppliers, along with any supporting documentation.

What is the purpose of prompt payment affidavit?

The purpose of prompt payment affidavit is to ensure transparency and accountability in the payment process on construction projects.

What information must be reported on prompt payment affidavit?

Information such as the names of subcontractors, amount paid, date of payment, and any other relevant details must be reported on prompt payment affidavit.

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You can easily create and fill out legal forms with the help of the pdfFiller mobile app. Complete and sign prompt payment affidavit and other documents on your mobile device using the application. Visit pdfFiller’s webpage to learn more about the functionalities of the PDF editor.

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