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PERFORMANCE AND PAYMENT BOND REQUEST FORM 4285 Commercial St. SE Suite 110 Salem, OR 97302 pH: (866) 7229239 / Fax: (503) 5665891 www.suretysolutionsllc.com nasbp.org/toolkit To: Today's Date: From:
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How to fill out performance and payment 4285
How to fill out performance and payment 4285:
01
Start by collecting all the necessary information and documents required for the form, such as the contract details, project scope, payment terms, and relevant financial information.
02
Begin filling out the performance section of the form. This section usually requires you to provide details regarding the work performed, including the project start and end dates, milestones achieved, and any additional progress updates.
03
Proceed to the payment section of the form. Here, you will need to specify the payment terms, including the agreed-upon amount, any retainage or deductions, and the schedule for payment.
04
Ensure that you accurately include any necessary supporting documentation, such as invoices, receipts, or other relevant financial records.
05
Double-check all the information you have entered for accuracy and completeness before submitting the form.
Who needs performance and payment 4285:
01
Contractors and subcontractors involved in construction or other contractual projects that require progress updates and payment requests.
02
Government agencies or organizations that require detailed documentation of the work performed and the corresponding payments made.
03
Clients or project owners who want to track the progress of a project and ensure that payments are made according to the agreed-upon terms and milestones.
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What is performance and payment 4285?
Performance and payment 4285 is a form used in construction contracts to track payments made to contractors and ensure that the work is being performed satisfactorily.
Who is required to file performance and payment 4285?
Contractors and subcontractors involved in government construction projects are typically required to file performance and payment 4285.
How to fill out performance and payment 4285?
Performance and payment 4285 should be filled out with details of the work performed, payment amounts, and any other relevant information.
What is the purpose of performance and payment 4285?
The purpose of performance and payment 4285 is to provide transparency and accountability in government construction projects by tracking payments and ensuring that work is completed as agreed upon.
What information must be reported on performance and payment 4285?
Information such as the contract number, payment amounts, work performed, and any potential issues or disputes must be reported on performance and payment 4285.
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