Get the free Contractor's Affidavit - CBRE, Inc. 6-4-2020.pdf

DocuSign Envelope ID: 1D94670397B847269B6C6F49BBDD18F3CONTRACT NO. _12466___ PROFESSIONAL SERVICES AGREEMENTBETWEENCBRE, INC. ANDTHE CHICAGO HOUSING AUTHORITYDocuSign Envelope ID: 1D94670397B847269B6C6F49BBDD18F3Table

How to fill out contractors affidavit - cbre

How to fill out contractors affidavit - cbre

1. Gather necessary documentation: Ensure you have all required documents relevant to the project, such as contracts, invoices, and any previous affidavits.
2. Obtain the affidavit form: Acquire the contractors affidavit form from CBRE's official resources or your project manager.
3. Fill out the contractor's details: Enter the name, address, and contact information of the contractor or subcontractors involved.
4. Include project information: Provide specific details about the project, including the project name, location, and description.
5. List the amounts due: Clearly outline the amounts owed to subcontractors and suppliers to ensure transparency in payment.
6. Certification statement: Complete the certification statement by affirmatively stating that all contractors and subcontractors have been paid or will be paid from the proceeds of the contract.
7. Sign and date the affidavit: Ensure that the affidavit is signed by an authorized representative of the contractor and dated appropriately.
8. Submit the affidavit: Provide the completed affidavit to CBRE or the relevant party as part of the project requirements.

Who needs contractors affidavit - cbre?

1. General contractors working on projects managed by CBRE.
2. Subcontractors involved in projects that require payment verification.
3. Clients or property owners who require assurance that all parties are compensated appropriately.
4. Financial institutions or insurers that need to confirm payment status for risk management purposes.

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What is contractors affidavit - cbre?

A contractor's affidavit is a legal document that certifies that a contractor has fulfilled all obligations, including payment to subcontractors and suppliers, as part of a construction project.

Who is required to file contractors affidavit - cbre?

Typically, contractors, subcontractors, or any party involved in a construction contract are required to file a contractor's affidavit to ensure compliance with local laws and obligations.

How to fill out contractors affidavit - cbre?

To fill out a contractor's affidavit, one needs to provide details such as the name of the contractor, project information, a statement certifying the completion of work, and confirmation of payments to all parties involved.

What is the purpose of contractors affidavit - cbre?

The purpose of a contractor's affidavit is to provide assurance to the property owner or lender that all financial obligations related to the construction project have been met, thereby protecting their interests against potential lien claims.

What information must be reported on contractors affidavit - cbre?

The affidavit must report information such as the contractor's name, project address, a list of subcontractors and suppliers, confirmation of paid debts, and a statement of compliance with all contractual obligations.