Certificate of Substantial Performance of Contract
The Certificate of Substantial Performance of Contract is essential for documenting the completion of construction projects. It helps in the preservation of liens under the Construction Lien Act. Using this form ensures that all parties involved are properly informed regarding payment and service addresses.
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How do I fill this out?
To fill out this form, start by entering the contract details including the parties involved and the description of the improvement. Make sure to include accurate addresses and the date of substantial performance. Double-check all entries for accuracy before saving or printing the document.
How to fill out the Certificate of Substantial Performance of Contract?
1
Enter the name and address of the owner.
2
Provide information on the contractor and payment certifier if applicable.
3
Describe the improvement carried out on the premises.
4
Specify the date on which the work was substantially performed.
5
Save or print the completed form.
Who needs the Certificate of Substantial Performance of Contract?
1
Contractors need this form to confirm completion of their work.
2
Property owners require it for lien preservation purposes.
3
Subcontractors may use it to document substantial performance for payments.
4
Legal professionals use this to evaluate compliance with the Construction Lien Act.
5
Accounting departments need it to process payment for completed work.
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What are the instructions for submitting this form?
To submit this form, email it to the responsible party or relevant agency handling construction matters. You may also fax the completed form to the appropriate office. If required, send a physical copy to the specified address located on the form itself. Always verify submission methods beforehand to ensure compliance.
What are the important dates for this form in 2024 and 2025?
For 2024 and 2025, be aware of the annual deadlines for filing liens, which generally range from 30 to 60 days after substantial performance is claimed. Check local regulations as they can vary by jurisdiction.
What is the purpose of this form?
The purpose of this form is to formally document the completion of a construction project. It serves as a legal record that substantial performance has been achieved, which is critical for lien preservation and ensuring timely payments to contractors. Additionally, it aids in resolving disputes related to construction contracts.
Tell me about this form and its components and fields line-by-line.
- 1. Owner Name: The name of the property owner.
- 2. Contractor Name: The name of the primary contractor responsible for the project.
- 3. Description of Work: A brief description of the improvement or work completed.
- 4. Completion Date: The date when the work was substantially completed.
What happens if I fail to submit this form?
If the form is not submitted, it may result in the loss of lien rights, delaying payments, or legal disputes.
- Loss of Lien Rights: Failure to submit may jeopardize the ability to place a lien against the property.
- Payment Delays: Not submitting on time can lead to delayed payments to contractors.
- Legal Disputes: Lack of documentation may result in legal disputes among parties involved.
How do I know when to use this form?
- 1. Contractor Confirmation: To affirm that the contractor has completed the project.
- 2. Owner Notification: To officially notify the owner of the completion stage.
- 3. Lien Protection: To protect the rights of lien holders by documenting completion.
Frequently Asked Questions
What is the Certificate of Substantial Performance?
It's a document that indicates that the contract work has been substantially completed.
Who should fill out this form?
Primarily the contractor or owner responsible for the construction project.
Can I edit this PDF online?
Yes, PrintFriendly allows you to easily edit this PDF online.
How do I submit this form?
You can submit this form via email, fax, or physical mail based on your requirements.
What happens after I submit the form?
Upon submission, the parties involved will be notified of the substantial performance.
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No, using PrintFriendly for edits and downloads is completely free.
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What if I make a mistake on the form?
You can easily go back and edit the form before downloading it.
How do I download the edited PDF?
After making your changes, simply click the download button to save your file.
Is this form recognized legally?
Yes, it complies with the Construction Lien Act's requirements.
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