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CONDITIONAL FINAL PAYMENT AFFIDAVIT AND LIEN WAIVER SECOND TIER SUBCONTRACTOR/SUPPLIER DATE: FIRST TIER SUBCONTRACTOR: SECOND TIER SUBCONTRACTOR/SELLER: PROJECT: District Wide Elementary School Secure

How to fill out conditional final payment affidavit

How to fill out conditional final payment affidavit

1. Read the instructions or guide provided by your state or local government on how to fill out a conditional final payment affidavit.
2. Gather all the necessary information and documentation related to the project or construction contract for which the affidavit is needed.
3. Fill out the personal information section, which typically includes your name, address, contact information, and contractor license number if applicable.
4. Specify the relevant project information, such as the project name, address, and contract number.
5. List all the subcontractors, suppliers, and other parties involved in the project.
6. Include the amount owed to each subcontractor or supplier, along with any applicable retainage.
7. Provide details about any disputes or prior retainage payments made.
8. Sign and date the affidavit, and ensure that all required attachments or supporting documents are included.
9. Submit the completed conditional final payment affidavit to the appropriate party or government agency as instructed.

Who needs conditional final payment affidavit?

1. Contractors or construction companies who have completed a construction project and are seeking final payment.
2. Subcontractors or suppliers who have not been fully paid for their work or materials on a construction project.
3. Government agencies or clients who require a conditional final payment affidavit as part of their payment approval process.
4. Legal professionals or consultants who assist contractors or subcontractors in preparing and submitting the necessary paperwork.

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What is conditional final payment affidavit?

A conditional final payment affidavit is a legal document typically used in construction projects to outline the final payment that is due to a contractor or subcontractor, which is conditional upon certain factors being met.

Who is required to file conditional final payment affidavit?

Contractors and subcontractors are typically required to file a conditional final payment affidavit.

How to fill out conditional final payment affidavit?

The conditional final payment affidavit should be filled out with accurate and detailed information regarding the work completed, any outstanding issues, and the final payment due.

What is the purpose of conditional final payment affidavit?

The purpose of a conditional final payment affidavit is to ensure that all parties involved in a construction project are aware of the final payment that is due and the conditions that must be met before it can be released.

What information must be reported on conditional final payment affidavit?

The conditional final payment affidavit should include details such as the total amount due, any outstanding payments, completed work, and any potential issues that may affect final payment.