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STATE OF INDIANA COUNTY OF))SS) SWORN STATEMENT FOR CONTRACTOR AND SUBCONTRACTOR TO OWNER The affine, (name) being first sworn on oath, deposes that he is (position) of (name, address, phone of firm)

How to fill out bswornb statement for contractor

How to fill out a sworn statement for a contractor:

1. Identify the contractor: Begin by entering the contractor's name and contact information at the top of the sworn statement form.
2. Provide project details: Clearly state the details of the project for which the contractor is being hired. This includes the location, scope of work, and any other pertinent information.
3. Include payment terms: Specify the payment terms agreed upon between the contractor and the hiring party. This may include the total contract amount, payment schedule, and any additional conditions.
4. List subcontractors and suppliers: If the contractor intends to hire subcontractors or work with suppliers, their information should be listed in this section. This ensures transparency and helps avoid any potential legal disputes.
5. Attach supporting documents: It is crucial to include any supporting documents that are relevant to the project and its payment obligations. This may include invoices, receipts, contracts, or any other pertinent paperwork.
6. Obtain signatures: The sworn statement should be signed and dated by both the contractor and the hiring party. This confirms that all the information provided is accurate and can be relied upon legally.

Who needs a sworn statement for a contractor?

1. General contractors: General contractors may require their subcontractors to provide a sworn statement to ensure that they are paying their suppliers and subcontractors promptly and as agreed upon.
2. Property owners: Property owners may ask contractors to provide a sworn statement to ensure that all parties involved in the project are being paid appropriately and that there are no outstanding payment disputes.
3. Financial institutions: Banks and other lending institutions often require contractors to provide a sworn statement to ensure that the project is progressing as planned and that the contractor has the financial means to complete the project.

It is important to note that the specific requirements for a sworn statement may vary depending on the jurisdiction and the nature of the project. It is advisable to consult with legal professionals or industry experts to ensure compliance with local laws and regulations.

For pdfFiller’s FAQs

What is bswornb statement for contractor?

The bswornb statement for contractor is a declaration affirming the accuracy of information provided by a contractor.

Who is required to file bswornb statement for contractor?

Contractors are required to file the bswornb statement for contractor.

How to fill out bswornb statement for contractor?

The bswornb statement for contractor can be filled out by providing the necessary information and signing it to affirm its accuracy.

What is the purpose of bswornb statement for contractor?

The purpose of the bswornb statement for contractor is to ensure that contractors are providing accurate information in their statements.

What information must be reported on bswornb statement for contractor?

The bswornb statement for contractor must include details such as project information, payment details, and contractor information.

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