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Standard General Conditions Article 10.2 Application for PaymentStatutory Declaration Submitted by Contractor for Payment X 700 (202002)STATUTORY DECLARATION SUBMITTED BY CONTRACTOR FOR PAYMENT Construction
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The standard general conditions article refers to a section in contracts, particularly in construction and other project-based agreements, that outlines the roles, responsibilities, and rights of the parties involved.
Typically, the parties involved in a construction contract, including contractors, subcontractors, and project owners, are required to file the standard general conditions article.
To fill out the standard general conditions article, parties should review the contract conditions thoroughly, provide accurate information about the project scope, include specific terms related to liabilities, obligations, and complete any requisite certifications or signatures as required.
The purpose of the standard general conditions article is to provide a clear framework for understanding the contractual obligations, dispute resolution processes, and overall governance of the contractual relationship.
The information that must be reported usually includes project specifications, timelines, payment terms, dispute resolution procedures, and any other relevant terms specific to the execution of the contract.
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