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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 Elementary and Middle

How to fill out conditional final payment affidavit

How to fill out conditional final payment affidavit

1. Step 1: Obtain the conditional final payment affidavit form from the appropriate authority.
2. Step 2: Fill out your personal information, such as your name, address, and contact details.
3. Step 3: Identify the project or contract for which the conditional final payment affidavit is required.
4. Step 4: Provide a detailed description of the work or services that have been completed.
5. Step 5: Specify the amount of payment that is due and any conditions or contingencies associated with it.
6. Step 6: Sign and date the conditional final payment affidavit.
7. Step 7: Submit the completed form to the relevant party or authority.
8. Step 8: Keep a copy of the filled-out conditional final payment affidavit for your records.

Who needs conditional final payment affidavit?

1. Contractors or subcontractors who have completed work or provided services under a construction project.
2. Suppliers or vendors who have delivered materials or equipment for a construction project.
3. Any party involved in a construction project who wants to assert their claim for final payment conditional upon specific conditions being met.

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What is conditional final payment affidavit?

The conditional final payment affidavit is a document typically used in construction projects to declare that all subcontractors and suppliers have been paid in full.

Who is required to file conditional final payment affidavit?

General contractors are usually required to file the conditional final payment affidavit.

How to fill out conditional final payment affidavit?

To fill out the conditional final payment affidavit, you need to list all subcontractors and suppliers involved in the project and indicate that they have been paid in full.

What is the purpose of conditional final payment affidavit?

The purpose of the conditional final payment affidavit is to ensure that all parties involved in the construction project have been paid before the final payment is made.

What information must be reported on conditional final payment affidavit?

The conditional final payment affidavit typically requires information on the project, subcontractors, suppliers, payments made, and any outstanding payments.