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Get Final Payment Certificate - Riba Contracts
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How to fill out the Final Payment Certificate - RIBA Contracts online
This guide provides a comprehensive overview of how to accurately complete the Final Payment Certificate under RIBA Contracts online. It will assist users in understanding each component of the form, ensuring that necessary details are provided correctly.
Follow the steps to effectively complete your Final Payment Certificate.
- Click 'Get Form' button to access the Final Payment Certificate and open it in your preferred online editor.
- Begin by filling in the 'Issued by' section. Provide the name and address of the issuer of the certificate.
- Next, enter the details for the Employer, including their name and address as indicated.
- Fill in the 'Job reference' and 'Issue date' fields to help identify the specific project and the date this certificate is being issued.
- Complete the 'Contractor' section with the relevant name and address of the contractor involved in the project.
- Indicate the 'Final Date for Payment' and 'Due Date' to establish payment timing.
- Specify the location of the Works by providing the address for the construction or services performed.
- Complete the 'Contract dated' field to reflect the date on which the contract was finalized.
- Enter the 'Contract Price' adjusted as per the terms of the contract. Attach any necessary calculation details as supporting documents.
- Fill in the amount previously certified in Interim Payment Certificates along with any outstanding payments due.
- Calculate and enter the difference between the amounts stated in the previous steps.
- In the 'I/We hereby certify the sum of' section, write out the sum in words for clarity.
- Specify whether the final amount is due to the Contractor or the Employer by deleting the inappropriate option.
- Have the relevant person sign the form in the designated area to authenticate the certificate.
- Once all fields are completed, ensure to save your changes. You can download, print, or share the Final Payment Certificate as needed.
Complete your Final Payment Certificate online today to ensure timely processing of payments.
Riba is an Arabic word that means “to increase" or “to exceed" and is commonly used in reference to unequal exchanges or charges and fees for borrowing. Interest is deemed riba, or an unjust, exploitative gain, and such practice is forbidden under Islamic law. 1.
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