Chicago, Illinois Owner's and Contractor Affidavit of Completion and Payment to Subcontractors serves as a crucial legal document in construction projects, ensuring transparency and accountability among parties involved. This affidavit certifies that the general contractor has fulfilled all obligations towards subcontractors and suppliers, making necessary payments and facilitating the project's successful completion. The Chicago, Illinois Owner's and Contractor Affidavit of Completion and Payment to Subcontractors can be categorized into two types: 1. Completion Affidavit: This type of affidavit verifies the substantial completion of a construction project and attests that all necessary work has been finished. The general contractor provides this affidavit to the owner, declaring that all construction tasks have been accomplished according to the agreed-upon plans and specifications. 2. Payment Affidavit: This affidavit demonstrates that the general contractor has made timely and appropriate payments to all subcontractors, suppliers, and material providers involved in the construction project. It includes a detailed account of all payments made, ensuring transparency and compliance with payment obligations. Keywords: Chicago, Illinois, owner's affidavit, contractor's affidavit, completion affidavit, payment affidavit, subcontractors, transparent payment process, construction project, legal document, general contractor, suppliers, material providers, substantial completion, project obligations.
Chicago Illinois Owner's and Contractor Affidavit of Completion and Payment to Subcontractors
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How to fill out Chicago Illinois Owner's And Contractor Affidavit Of Completion And Payment To Subcontractors?
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