IRON WORKS MIXED-USE - SAN LUIS OBISPO

BILLING:
Billing DUE BY: 25th of the month (if past that date you may be put into the following month’s cycle)
Billing PAID BY: end of FOLLOWING month

For contracted sub contractors (purchase orders are handled differently) retention will be held from each billing cycle submitted at a rate of 10% - per your contract.

Retention paid thirty-five (35) days after recording of Notice of Completion by Owner. See your signed contract section 3) Final Payments for further information.

REQUIRED (!!!) WITH ALL MONTHLY BILLINGS
- Pay App - DOWNLOAD PDF - DOWNLOAD EXCEL FILE
- Conditional Progress Release for Current Billing Cycle - DOWNLOAD HERE
- Unconditional Progress Release for Previous Billing Cycle - DOWNLOAD HERE
- Supplier Releases - Have suppliers email to: billing@nkbuildersinc.com
- Invoice from your company detailing work done

BILLING NOTE: It is your responsibility to send the correct documents filled out in full in order to receive payments in a timely manner. If it is not complete we can help with your accounting at a rate of $85 per hour. See Payment Guidelines for more info.

INSURANCE
It is your responsibility to get the correct insurance certificates to us immediately after signing your contract. Forward our Insurance Requirements to your agent and have them email certs to billing@nkbuildersinc.com. DOWNLOAD REQUIREMENTS HERE