Get the free OAA Standard Certificateof Payment Distribution by Architect

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How to fill out oaa standard certificateof payment

How to fill out OAA Standard Certificate of Payment:

1. Start by entering the project information, such as the project name, architect's name, and contract number. This ensures that the certificate is correctly associated with the specific project.
2. Next, indicate the payment period for which the certificate is being issued. This is typically a specific date range, such as from June 1st to June 30th, for example.
3. Provide a detailed breakdown of the work completed during the payment period. Include the description of the work, the quantity or measurement of the work, and the unit price or rate for each item.
4. Calculate the subtotal for each line item by multiplying the quantity by the unit price.
5. Include any applicable taxes or deductions, such as sales tax or retainage. Subtract these amounts from the subtotal to obtain the net amount.
6. Add up all the net amounts to determine the total value of the work completed during the payment period.
7. If there are any previous certificates, indicate the total amount paid on those certificates and subtract it from the total value of the work completed to calculate the balance remaining.
8. Sign and date the certificate to certify that the information provided is accurate and complete.
9. Finally, submit the certificate to the appropriate party, such as the owner or the general contractor, for review and approval.

Who needs OAA Standard Certificate of Payment:

1. Architects: The OAA Standard Certificate of Payment is often used by architects to request payment for their services during a construction project. It helps ensure transparent and accurate payment processes between architects and other project stakeholders.
2. Contractors: Contractors working with architects may also require the OAA Standard Certificate of Payment to record and verify the progress of the work completed. It assists in facilitating timely and fair compensation for the contractor's services.
3. Project Owners: The OAA Standard Certificate of Payment provides project owners with a detailed breakdown of the work completed and the corresponding payment amount requested. It helps project owners track project progress and make informed decisions regarding payment authorizations.

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