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TERMS OF BUSINESS (GOODS AND SERVICES)1.DEFINITIONS In these Terms of Business, except to the extent the context otherwise requires: BIF Act means the Building Industry Fairness (Security of Payment)
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What is request payment?
Request payment is a formal process of asking for money owed to be paid.
Who is required to file request payment?
Anyone who is owed money and wants to request payment is required to file request payment.
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Request payment can be filled out by providing all relevant information about the money owed, including amount, reason for payment, and payment terms.
What is the purpose of request payment?
The purpose of request payment is to formally ask for money owed to be paid.
What information must be reported on request payment?
Information such as the amount owed, reason for payment, payment terms, and contact information must be reported on request payment.
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