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CONTRACTORS/SUBCONTRACTORS SWORN STATEMENT OF FINAL PAYMENT COMMONWEALTH/STATE OF COUNTY OF)) Affine, being duly sworn, deposes and states that he is of, the CONTRACTOR/ SUBCONTRACTOR under Lateral
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How to fill out developers sworn statement of
How to fill out a developer's sworn statement:
01
Start by entering your personal information: Provide your full name, address, telephone number, and email address. This information will help identify you as the developer.
02
Identify the project: Indicate the name and address of the project you are working on. This will help specify the scope of your work and ensure accuracy.
03
State the prime contractor's information: If you are working as a subcontractor, mention the name and contact details of the prime contractor overseeing the project. This information may be necessary for verification purposes.
04
List materials and/or services provided: Clearly outline the materials supplied or services rendered for the project. Be specific and include quantities, measurements, and any relevant details.
05
Include the total contract price: Specify the amount agreed upon in the contract for your work. This information may be required for financial tracking and reporting purposes.
06
Provide a breakdown of payments received: Indicate the amounts and dates of any payments you have already received for your work. This helps demonstrate the progress of the project and your financial transactions.
07
Describe any change orders or extras: If there were any variations or additional work requested by the client or prime contractor, describe them in detail. Include any associated costs and indicate whether these changes were approved or not.
08
Disclose any legal actions or claims: If there are any ongoing legal disputes or claims related to your work on the project, disclose them in this section. This information is important for transparency and may affect the project's status.
09
Sign and date the sworn statement: Once you have completed all the necessary information, sign and date the document to declare its accuracy and truthfulness. This signature confirms your acceptance and understanding of the statement.
Who needs a developer's sworn statement:
01
General contractors: They may request a developer's sworn statement from subcontractors to ensure transparency, verify work performed, and track financial transactions.
02
Financial institutions: Lenders or banks may require a developer's sworn statement to assess the construction project's progress and financial stability before providing funds.
03
Project owners: Owners may request a developer's sworn statement to ensure that the developer is fulfilling their obligations and that payments are being made to subcontractors and suppliers.
04
Insurance companies: Insurers may require a developer's sworn statement to assess the risk and coverage associated with a construction project.
05
Legal entities: Lawyers or attorneys may need a developer's sworn statement to support legal claims or disputes related to a construction project.
In summary, a developer's sworn statement is filled out by providing personal and project details, listing materials/services provided, disclosing contract price and payments, describing change orders, and disclosing any legal actions or claims. It is typically required by general contractors, financial institutions, project owners, insurance companies, and legal entities.
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What is developers sworn statement of?
Developers sworn statement is a legal document signed by a developer confirming the accuracy of information provided in a construction project.
Who is required to file developers sworn statement of?
Developers and contractors involved in construction projects are required to file developers sworn statement.
How to fill out developers sworn statement of?
Developers must provide accurate information about the project, including costs, subcontractors, and any potential liens.
What is the purpose of developers sworn statement of?
The purpose of developers sworn statement is to ensure transparency and accuracy in construction projects, especially related to payment issues.
What information must be reported on developers sworn statement of?
Information related to project costs, subcontractors, potential liens, and completion dates must be reported on developers sworn statement.
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