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  • Monticello Group Sample Draw Schedule/job Cost Breakdown

Get Monticello Group Sample Draw Schedule/job Cost Breakdown

Final lien releases for all subs CO or Use and Occupancy certificate. This is a sample draw schedule to be used as a guide. SAMPLE DRAW SCHEDULE ESTIMATED COMPLETION DATE DRAW CONSTRUCTION BREAKDOWN Slab and Foundation Septic and Site work complete Framing complete. First floor walls and sub flooring in place with exterior walls sheathed* Roof and Mechanicals second floor sub flooring and walls Plumbing heating and wiring are roughed in exterior doors and windows are hung and glazed and bathroom tubs set. Roof framed and miscellaneous items like garages and pools poured* Inspected by City/County. Stickers affixed* Exterior and Interior Finishes Insulation drywall hardwood installed siding and exterior trim installed* Building closed from weather. Cabinets and countertops installed plumbing and electric trim out interior trim complete. Appliances installed* Interior paint complete deck complete. Sewer and water connections completed* Interior and exterior painting complete. Hardwood flo....

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How to fill out the Monticello Group Sample Draw Schedule/Job Cost Breakdown online

Filling out the Monticello Group Sample Draw Schedule/Job Cost Breakdown accurately is essential for effective project management and financial tracking in construction. This guide will provide you with a clear and detailed approach to completing this form online, ensuring that all necessary information is captured correctly.

Follow the steps to complete your draw schedule and job cost breakdown.

  1. Click ‘Get Form’ button to obtain the form and open it in the editor.
  2. Begin with the estimated completion date by entering the anticipated date of project completion in the designated field.
  3. Fill out each draw percentage (15%, 10%, 20%, etc.) with the relevant monetary amount corresponding to each draw. Ensure the calculations reflect the percentages accurately.
  4. In the construction breakdown section, provide detailed descriptions of the work completed under each category such as slab and foundation, framing, roof and mechanicals, and so forth.
  5. Complete the job cost breakdown by entering the contractor name and address, property address, start date, completion date, and final inspection date in the respective fields.
  6. List the costs associated with the various projects, including both exterior and interior descriptions, ensuring to provide accurate estimates for each component.
  7. Review all entries for accuracy and completeness before finalizing the form to minimize the risk of errors that could delay project funding.
  8. Once all necessary sections are filled out, save your changes. You may then choose to download, print, or share the completed form as needed.

Complete your documents online today for efficient project tracking and management.

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Rather than receiving a lump sum check, construction loans pay out the loan amount over the course of the project. The installments are called draws, as the lender draws funds from the account.

What Should a Schedule of Values Include? Project name and number. Name of the prime or general contractor. Application number and date. Work item numbers. Description of work items. Total value of each item. Percentage of work completed. Value of work completed for past and current periods.

For example, a project might have a draw schedule with five payments, and each time the builder finishes an additional 20% of the project, they get 20% of the total payment amount. As they reach each project milestone, the contractor will submit a draw request that will outline: The amount they're requesting.

6 Steps to Creating the Perfect Draw Schedule Step 1: Have a solid, detailed project budget. ... Step 2: Divide your budget into milestones. ... Step 3: Simplify your draw schedule. ... Step 4: Decide how many draws you need. ... Step 5: Make the draw amounts as uniform as possible.

When the contractor is ready to receive funds for completed work, they submit a pay application or request a “draw” from the escrow company. Upon approval of each building phase, the contractor can request a draw of funds to pay off building costs such as: Contractor bids. Excavation costs; and. Permit fees.

What “draws” means? At closing we will disburse funds from your loan to pay for the land and closing costs. The remaining loan funds will be “available to draw” from your loan. You will request those funds in the form of a “draw” as they are needed throughout the project, for construction ONLY.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Help Portal
Legal Resources
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232