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Subject: Contractor Payments Articles 109.07 & 109.08 CONSTRUCTION MEMORANDUM NO. 1676 Effective: August 1, 2016, Expires: Indefinite This memorandum supersedes Construction Memorandum 0676 dated
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What is construction memorandum contractor payments?
Construction memorandum contractor payments are documents that detail the payments made to contractors and subcontractors for work done on a construction project.
Who is required to file construction memorandum contractor payments?
The party responsible for making the payments, typically the owner or general contractor, is required to file construction memorandum contractor payments.
How to fill out construction memorandum contractor payments?
Construction memorandum contractor payments should be filled out with the details of each payment made, including the recipient, amount, date, and purpose of the payment.
What is the purpose of construction memorandum contractor payments?
The purpose of construction memorandum contractor payments is to provide a record of all payments made during a construction project, ensuring transparency and accountability.
What information must be reported on construction memorandum contractor payments?
Information such as the recipient's name, payment amount, date, and reason for payment must be reported on construction memorandum contractor payments.
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