The Draw Request is the fundamental document used to pay contractors their progress payments on a construction project.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés.
For your convenience, the complete English version of this form is attached below the Spanish version.
Your draw request will typically be reviewed by the lender or project manager. They’ll check everything to make sure it aligns with the construction plan and what's been completed.
If your draw request gets turned down, don’t sweat it! You'll usually get feedback on what’s missing or what can be improved, so you can fix it and try again.
Absolutely! You can request draws at different stages of the project, helping you manage your budget as you go along. Just make sure each request is backed up with the right paperwork.
Processing a draw request can take some time, usually a week or two. Patience is key, as the team needs to verify all the details before cutting the check.
Typically, you'll want to include invoices, receipts, and any progress reports showing the work completed. It’s like showing your homework to get a good grade!
To submit a draw request, you'll need to gather your documentation, fill out the necessary forms, and send them to the right folks, usually the lender or the project manager.
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Long Beach California Solicitud de extracción por parte de un contratista