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Effective Use of the Subcontractor’s Sworn Statement

September 24, 2018

Randolph E. Ruff Randolph E. Ruff
The subcontractor's sworn statement is one of most effective tools that contractors can use to ensure that lower-tier subcontractors and suppliers receive adequate payment throughout the job, yet many contractors either fail to appreciate how the sworn statement works or simply fail to utilize it, thereby increasing their risk of mechanics liens, bond claims, and double payments.
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