This Contractor's Interim Payment Affidavit is for use by a corporation or limited liability company who has furnished or caused to be furnished labor, materials, and services for the construction of certain improvements to real property, for the purposes of obtaining payment from the owner. This form also states that all of the work to be performed under the contract has been fully completed, and all lienors under the direct contract have been paid in full, except the lienors listed in the form.
The Hollywood Florida Contractor's Interim Payment Affidavit — Corporation or LLC serves as a crucial legal document for construction companies operating in Hollywood, Florida. This payment affidavit is designed specifically for corporations or limited liability companies (LCS) engaging in various construction projects. An Interim Payment Affidavit, also referred to as a contractor's affidavit or progress payment affidavit, is an essential tool that ensures transparency and accountability within the construction industry. It allows corporations or LCS to declare the amount due to them from property owners, general contractors, or developers for work completed up to a specific point in the project. The Hollywood Florida Contractor's Interim Payment Affidavit — Corporation or LLC includes significant details that help validate the legitimacy of the payment request. Some essential information present in this affidavit are: 1. Contractor's Information: This section identifies the corporation or LLC involved in the construction project. It includes the legal name, address, phone number, and any licensing or certification details required by the state. 2. Project Information: Here, specific details of the ongoing construction project are provided. This may include the project name, address, description, contract number, and date of commencement. 3. Description of Work: The affidavit includes a comprehensive breakdown of the work completed by the contractor up to the date of the payment request. It outlines the nature of the work, the progress made, and any additional details deemed necessary. 4. Dollar Amount of Work Performed: This section indicates the total cost of the work completed until the specified period. It includes an itemized list of the services or materials provided along with their individual costs. 5. Retain age Amount: Retain age is the portion of payment withheld by the property owner or general contractor until the project's completion. The affidavit mentions the amount of retain age applicable to the work performed. 6. Sworn Statement: The affidavit is signed by an authorized representative of the corporation or LLC, confirming the accuracy of the provided information. This statement is typically notarized to add legal validity. Different types of Hollywood Florida Contractor's Interim Payment Affidavit — Corporation or LLC may exist based on specific project requirements, contractual agreements, or variations in local laws and regulations. Some additional variations could be: 1. Hollywood Florida Contractor's Final Payment Affidavit — Corporation or LLC: Similar to the interim affidavit, this form is used to request the final payment once the construction project is completed. 2. Hollywood Florida Contractor's Change Order Affidavit — Corporation or LLC: This affidavit is utilized when any changes or modifications occur in the project scope, resulting in additional work or expenses. It ensures that the contractor acknowledges and requests payment for the approved change orders. 3. Hollywood Florida Contractor's Retain age Release Affidavit — Corporation or LLC: This affidavit is employed to release to retain age amount held during the project's progress. It is submitted once the project's final payment is made, indicating that all obligations have been fulfilled. The Hollywood Florida Contractor's Interim Payment Affidavit — Corporation or LLC acts as a vital tool for contractors and construction companies in Hollywood, ensuring transparent financial transactions while protecting their rights to fair payment. By submitting these affidavits appropriately, corporations and LCS can establish trust, maintain healthy working relationships, and ensure the smooth progression of construction projects.The Hollywood Florida Contractor's Interim Payment Affidavit — Corporation or LLC serves as a crucial legal document for construction companies operating in Hollywood, Florida. This payment affidavit is designed specifically for corporations or limited liability companies (LCS) engaging in various construction projects. An Interim Payment Affidavit, also referred to as a contractor's affidavit or progress payment affidavit, is an essential tool that ensures transparency and accountability within the construction industry. It allows corporations or LCS to declare the amount due to them from property owners, general contractors, or developers for work completed up to a specific point in the project. The Hollywood Florida Contractor's Interim Payment Affidavit — Corporation or LLC includes significant details that help validate the legitimacy of the payment request. Some essential information present in this affidavit are: 1. Contractor's Information: This section identifies the corporation or LLC involved in the construction project. It includes the legal name, address, phone number, and any licensing or certification details required by the state. 2. Project Information: Here, specific details of the ongoing construction project are provided. This may include the project name, address, description, contract number, and date of commencement. 3. Description of Work: The affidavit includes a comprehensive breakdown of the work completed by the contractor up to the date of the payment request. It outlines the nature of the work, the progress made, and any additional details deemed necessary. 4. Dollar Amount of Work Performed: This section indicates the total cost of the work completed until the specified period. It includes an itemized list of the services or materials provided along with their individual costs. 5. Retain age Amount: Retain age is the portion of payment withheld by the property owner or general contractor until the project's completion. The affidavit mentions the amount of retain age applicable to the work performed. 6. Sworn Statement: The affidavit is signed by an authorized representative of the corporation or LLC, confirming the accuracy of the provided information. This statement is typically notarized to add legal validity. Different types of Hollywood Florida Contractor's Interim Payment Affidavit — Corporation or LLC may exist based on specific project requirements, contractual agreements, or variations in local laws and regulations. Some additional variations could be: 1. Hollywood Florida Contractor's Final Payment Affidavit — Corporation or LLC: Similar to the interim affidavit, this form is used to request the final payment once the construction project is completed. 2. Hollywood Florida Contractor's Change Order Affidavit — Corporation or LLC: This affidavit is utilized when any changes or modifications occur in the project scope, resulting in additional work or expenses. It ensures that the contractor acknowledges and requests payment for the approved change orders. 3. Hollywood Florida Contractor's Retain age Release Affidavit — Corporation or LLC: This affidavit is employed to release to retain age amount held during the project's progress. It is submitted once the project's final payment is made, indicating that all obligations have been fulfilled. The Hollywood Florida Contractor's Interim Payment Affidavit — Corporation or LLC acts as a vital tool for contractors and construction companies in Hollywood, ensuring transparent financial transactions while protecting their rights to fair payment. By submitting these affidavits appropriately, corporations and LCS can establish trust, maintain healthy working relationships, and ensure the smooth progression of construction projects.
