Based on the construction payment schedule, the contractor is submitting for a draw request for work completed on project listed above. original contract sum net change by change orders contract sum to date phase(s) of work requested draw amount requested total paid prior to this draw request. Excel construction management templates sticky bar title . contractor progress payment template . on projects that extend over a period of time, you will likely pay contractors and subcontractors on a regular schedule, based on the amount of work that is completed during the payment period.. This construction payment schedule template is perfect for collecting payments when they are due. download now and get instant access to this template with standard business fonts in a4 and us letter sizes..
The building and construction industry security of payment act 2002 (the sop act) does not require you to use any particular form for a payment schedule. this form can help you to prepare a payment schedule in response to a payment claim. you can use it, adapt it for your purposes, or decide not to use it at all.. Project payment schedule is details about the payment and expenses related to concerned business project. it helps to calculate expenses related to the project and its due payment details. the project payment schedule help to even calculate total expense and period of time.. Progress payments during construction. image by billaday via flickr. progress payments. the actual payments will depend on the amount of work the contractor has completed and will be likely to vary from this schedule.however, a schedule can be a useful guide for your budgeting..
