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El Paso County Contracts and Procurement 15 East Vermin Avenue Colorado Springs, Colorado 80903 INVITATION FOR BID #IF 23143 COVER SHEETRelease Date October 23, 2023Solicitation NumberIFB23143Solicitation
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How to fill out notice of final payment

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How to fill out notice of final payment

01
Fill out the date of the notice at the top of the form.
02
Include the name and address of the party to whom the final payment is being made.
03
Specify the amount of the final payment being made.
04
Provide any additional details or instructions related to the final payment.
05
Sign and date the notice at the bottom to certify its accuracy.

Who needs notice of final payment?

01
Contractors who have completed work on a project and are ready to receive final payment.
02
Subcontractors who have finished their portion of work and are expecting final payment from the contractor.
03
Clients or property owners who are responsible for making the final payment to contractors or subcontractors.
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A notice of final payment is a formal notification indicating that the final payment has been made or will be made to a contractor or subcontractor for a completed project.
Typically, the party making the final payment, such as the property owner or general contractor, is required to file the notice of final payment.
To fill out a notice of final payment, include details such as the names of the parties involved, project information, payment amounts, and signatures of authorized individuals.
The purpose of the notice of final payment is to provide a record of the final payment made for a project and to inform all parties involved that the payment has been completed.
The notice of final payment must report information including the project name, payment amount, date of payment, names and addresses of parties involved, and any relevant contract details.
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