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CONDITIONAL FINAL PAYMENT AFFIDAVIT AND LIEN WAIVER SECOND TIER SUBCONTRACTOR/SUPPLIER DATE: FIRST TIER SUBCONTRACTOR: SECOND TIER SUBCONTRACTOR/SELLER: PROJECT: Del Value ISD 2015 Bond Work 897,000
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How to fill out conditional final payment affidavit
How to fill out a conditional final payment affidavit:
01
Begin by gathering all the necessary information and documentation required for the affidavit. This may include details about the project, the parties involved, the amount owed, and any relevant contracts or agreements.
02
Use the provided form or template for the conditional final payment affidavit. Make sure to carefully read the instructions and understand the specific requirements for filling it out.
03
Start by entering your personal information, such as your name, address, and contact information, in the appropriate fields on the affidavit form.
04
Identify the project or contract for which the payment is being requested. Provide accurate details, such as the name of the project, its location, and the dates of completion.
05
Specify the services or work performed and the materials supplied. Include a detailed breakdown of the activities, their duration, and any associated costs.
06
State the amount that is still outstanding and provide evidence to support your claim. This may include invoices, receipts, or any other relevant financial documents.
07
Explain any conditions or contractual obligations that need to be satisfied before the final payment can be made. Ensure clarity in your explanations to avoid confusion or potential disputes.
08
Sign and date the affidavit, certifying that the information provided is true and accurate to the best of your knowledge.
Who needs a conditional final payment affidavit?
A conditional final payment affidavit may be required by contractors, subcontractors, suppliers, or any party involved in a construction project or contract where there are unsettled payments or conditions that need to be met before the final payment is made. This affidavit serves as a legal document to request the release of the remaining funds based on the completion of specific requirements or obligations. It helps ensure transparency and safeguards the rights of the parties involved in the payment process.
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What is conditional final payment affidavit?
Conditional final payment affidavit is a document that contractors and subcontractors may be required to file to declare that all work has been completed according to the terms of the contract and all payments have been made.
Who is required to file conditional final payment affidavit?
Contractors and subcontractors are typically required to file the conditional final payment affidavit.
How to fill out conditional final payment affidavit?
To fill out the conditional final payment affidavit, contractors and subcontractors should include details such as project information, payment details, and certification that all work has been completed.
What is the purpose of conditional final payment affidavit?
The purpose of the conditional final payment affidavit is to certify that all work has been completed according to the contract terms and all payments have been made.
What information must be reported on conditional final payment affidavit?
Information such as project details, payment details, and certification of completion must be reported on the conditional final payment affidavit.
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