Oregon Contractor's Affidavit of Payment to Subs

State:
Multi-State
Control #:
US-00468
Format:
Word; 
Rich Text
Instant download

Description

This Contractor's Affidavit of Payment to Subs is the Contractor's Affidavit of payment to the subcontractors on a specified date prior to completion of the project. This Affidavit must be signed in front of a notary public. This Affidavit is for use in any state.
Free preview
  • Preview Contractor's Affidavit of Payment to Subs
  • Preview Contractor's Affidavit of Payment to Subs

How to fill out Contractor's Affidavit Of Payment To Subs?

US Legal Forms - one of the largest collections of legal documents in the USA - offers a broad assortment of legal document templates that you can download or generate.

Utilizing the website, you can access thousands of forms for business and personal purposes, organized by categories, states, or keywords. You can obtain the latest versions of documents such as the Oregon Contractor's Affidavit of Payment to Subs within moments.

If you possess a membership, Log In and retrieve the Oregon Contractor's Affidavit of Payment to Subs from your US Legal Forms collection. The Download button will appear on each document you view. You have access to all previously downloaded forms in the My documents section of your account.

Process the payment. Utilize your credit card or PayPal account to complete the transaction.

Choose the format and download the form to your device. Edit. Complete, modify, print, and sign the downloaded Oregon Contractor's Affidavit of Payment to Subs. Each template you add to your account has no expiration date and is yours indefinitely. Therefore, if you wish to download or print another copy, simply go to the My documents section and select the form you need. Access the Oregon Contractor's Affidavit of Payment to Subs with US Legal Forms, the most comprehensive collection of legal document templates. Take advantage of countless professional and state-specific templates that meet your business or personal needs.

  1. Ensure you have selected the appropriate form for your city/state.
  2. Click the Review button to examine the form's content.
  3. Check the form summary to confirm you have chosen the correct form.
  4. If the form does not meet your requirements, use the Search field at the top of the screen to find the one that does.
  5. If you are satisfied with the form, finalize your choice by pressing the Acquire now button.
  6. Then, select the payment plan you prefer and submit your information to register for the account.

Form popularity

FAQ

A direct payment clause says that if you have paid the main contractor for work done by subcontractors and your money is not passed on to them, you can pay the subcontractor directly and deduct the payment from any other monies due to the main contractor.

AIA Document G702®1992, Application and Certificate for Payment, and G703A®1992, Continuation Sheet, provide convenient and complete forms on which the contractor can apply for payment and the architect can certify that payment is due.

AIA Document G706 is intended for use when the Contractor is required to provide a sworn statement verifying that debts and claims have been settled, except for those listed by the Contractor under EXCEPTIONS in the document. AIA Document G706 is typically executed as a condition of final payment.

When Can Contractors Withhold Payment From Subcontractors? The main contractor is able to withhold payment if the work or goods supplied by a subcontractor are deemed unsuitable. Evidence of this should always be provided along with the option to rectify any shortcomings.

The main contractor is able to withhold payment if the work or goods supplied by a subcontractor are deemed unsuitable. Evidence of this should always be provided along with the option to rectify any shortcomings.

Contractors and subcontractors don't affect your payroll, because they're not employees. When you negotiate a job with the contractor, generally, you agree to pay them a flat fee not a salary or hourly rate.

How to get paid (faster) on every construction projectGet licensed.Write a credit policy.Prequalify potential customers.Get the contract in writing.Collect information about the property and other parties.Track your deadlines.Send Preliminary Notice.Submit Detailed Pay Applications or Invoices.More items...?

The ability to withhold payment needs to be written out in the contract because, in most states, verbal agreements for commercial work are not binding and will not hold up in court. With a written contract that both parties agree to, it's safe for a contractor to withhold payment if a vendor becomes non-compliant.

If the contractor defaults or otherwise doesn't take care of your wages, you can file a claim with the surety company to get at least part of your money. The surety company then takes the contractor to court to recover the amount.

AIA Document G70621221994 requires the contractor to list any indebtedness or known claims in connection with the construction contract that have not been paid or otherwise satisfied.

Trusted and secure by over 3 million people of the world’s leading companies

Oregon Contractor's Affidavit of Payment to Subs