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REQUEST FOR CBG FUNDS / Activity 0181 General Administration Only COMMUNITY DEVELOPMENT BLOCK GRANT PROGRAM NEBRASKA DEPARTMENT OF ECONOMIC DEVELOPMENT See Reverse Side for Instructions / Revised
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Final draw is the last disbursement of funds from a construction loan to the contractor upon completion of the project.
The contractor or construction company is typically required to file the final draw.
To fill out final draw, the contractor must provide documentation of completed work, including invoices, receipts, and any change orders.
The purpose of final draw is to ensure that the contractor has completed the work as outlined in the construction agreement and is entitled to the final payment.
The final draw must include details of completed work, remaining items to be finished, any unexpected costs, and any change orders.
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