FREE 10+ Sworn Construction Statement Samples in MS Word | Google Docs | Apple Pages | PDF

Managing a construction project especially large and complex ones can be a tedious process. With a lot of procedures and aspects involved to ensure its successful completion. One of which is completing all that paperwork, from proposals to contracts, invoices and there is also what we call a sworn construction statement. This document is important because completing a statement can dramatically reduce your risk of double payments, construction liens, and bond claims. This is created to advise construction owners and general contractors who are owed money, how much, and for what work. To know more about this particular statement, let us discuss this further below. And if you need to start preparing this document, we’ve got a list of sworn construction statement samples that are downloadable for free on this page.

Managing a construction project especially large and complex ones can be a tedious process. With a lot of procedures and aspects involved to ensure its successful completion. One of which is completing all that paperwork, from proposals to contracts, invoices and there is also what we call a sworn construction statement. This document is important because completing a statement can dramatically reduce your risk of double payments, construction liens, and bond claims. This is created to advise construction owners and general contractors who are owed money, how much, and for what work. To know more about this particular statement, let us discuss this further below. And if you need to start preparing this document, we’ve got a list of sworn construction statement samples that are downloadable for free on this page.

10+ Sworn Construction Statement Samples

1. Sworn Construction Statement Template

2. Sworn Construction Statement

3. Property Sworn Construction Statement

4. Sworn Construction Affidavit Statement

5. Owner Sworn Construction Statement

6. Construction Sworn Statement

7. Customer Sworn Construction Statement

8. Sworn Construction Statement to Owner

9. Sworn Construction Contractor Statement

10. Sworn New Construction Statement

11. Sworn Construction Subcontractor Statement

What Is a Sworn Construction Statement?

A general contractor (GC) gets paid directly by the construction project owners, while the GC is in charge of distributing payment to the sub-contractors. To be able to process payment accurately, there should be a list that shows all contractors and suppliers having contracts or subcontracts for specific portions of the project and the amount due to each entity or individual. All these are written in a sworn construction statement. Also included is a record of all the various expenses that the general contractor is billing the property owner for, so everyone knows who’s been paid what and what each sub is still owed. A sworn statement can be required by a project owner, financial institution, or a general contractor, and is generally requested with each payment application.

How To Create a Sworn Construction Statement

A sworn statement in construction should be able to protect a contractor or project owner from unexpected claims and to make sure that there is a record of the work that is being carried out. Additional documents, such as lien waivers, are often required to help back up the information shown on the statement. This is why a sworn statement is vital when payment is requested or made. So, what information should be included when creating a sworn construction statement? Let us discuss this below.

1. Contact Information

The document should contain information about the parties in contract with each other. This would include the names/business name and addresses.

2. Project Details

Information regarding the construction project such as the name of the project, detailed description, the property address, and the project owner’s name.

3. Description of the Contract

Describe briefly the description of the contract between the contractor or supplier and the general contractor.

4. Table List

In addition, the following details must also be included in the document such as:

• Scope of work, materials, or supplies being provided
• The contract rate for the project
• Payment due date
• Payment schedule
• Initial amount paid
• Current amount due
• Available balance as per contract

5. Signatures of Both Parties

Make sure that both parties have signed the document and should include the dates.

FAQs

A sworn construction statement is one important document needed to protect the best interest of the parties involved in a construction project. To make it easier for you to prepare one, don’t forget to download our free templates above!