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CONTRACTOR'S INTERIM PAYMENT AFFIDAVIT CORPORATION  Form

CONTRACTOR'S INTERIM PAYMENT AFFIDAVIT CORPORATION Form

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  1. Obtain affidavit for payment and click on Get Form to begin.
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Instructions and help about CONTRACTOR'S INTERIM PAYMENT AFFIDAVIT CORPORATION

so payment terms on a construction projects they can be a little bit tricky you need to look out for this particular thing right so 30 calendar day payment terms is pretty standard 20 business days are pretty standard 30 calendar days end of month can be tricky because what can happen is they can tell you that you need to submit your payment application on 23rd 24th of a month you do that they take you know a week to look after it to look and review it they approve it on the second or third of the month and then your payment terms are 30 calendar days end of month so on month two that you have you gotta wait all the way till the end of that month and then they apply 30 calendar days so it's actually 60 calendar days so look out for that make sure that you look at when the payment application needs to be submitted and play the whole thing out so you don't get caught in that particular snap

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