The Arizona Contractor's Final Affidavit of Payment to Subcontractors is a legal document used by contractors in Arizona to certify that all payments to subcontractors and suppliers on a construction project have been made in full. It serves as proof that the contractor has fulfilled their payment obligations and cleared any outstanding liabilities with the subcontractors. The affidavit includes relevant information about the construction project, including the project name, location, and contract number. It also lists the subcontractors and suppliers involved in the project, along with their contact information and the amount of payment made to each party. The affidavit requires the contractor to provide a statement affirming that all payments to subcontractors have been made according to the agreed-upon terms and conditions. It also includes a statement asserting that the contractor has not received any notices of unpaid debt or claims from subcontractors or suppliers. In addition to the standard Arizona Contractor's Final Affidavit of Payment to Subcontractors, there are other variations of the affidavit that may be used depending on the specific circumstances of the project. These may include: 1. Filing with Release of Liens: This affidavit includes additional documentation releasing any liens filed against the property by subcontractors or suppliers. It serves as a guarantee for the property owner that all parties involved in the construction project have been paid in full and have no claims against the property. 2. Filing with Partial Payment: This variation is used when there are outstanding payments to subcontractors or suppliers. It lists the remaining amounts owed to each party and provides a plan for the payment schedule. 3. Filing with Disputed Payments: In situations where there are disputes regarding the payment amounts or quality of work provided by subcontractors or suppliers, this affidavit allows the contractor to acknowledge the dispute and specify the steps being taken to resolve it. Overall, the Arizona Contractor's Final Affidavit of Payment to Subcontractors is a crucial document in the construction industry that ensures transparency in payment transactions and aids in the resolution of any payment-related issues. Contractors must carefully complete and file this affidavit to demonstrate their compliance with payment obligations and protect the interests of all parties involved in the construction project.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.