Ars 372 PDF Details

Navigating the complexities of contractor payments can be a daunting task, both for the contractors themselves and for the entities that hire them. At the heart of this process is the ARS 372 form, a critical document that streamlines the payment process for contracted work. This form serves as a contractor's request for payment, detailing everything from the original contract amount to adjustments for change orders and amendments. It meticulously outlines the total adjusted contract prices, the value of work completed within a specified period, and any materials stored on-site, which are vital for calculating the net amount due to the contractor. The form further encompasses a certification section, where contractors affirm that the requested amounts are in compliance with the contract's terms, and all due payments to subcontractors and suppliers have been made or will be made. This safeguard ensures transparency and integrity in the disbursement of funds, underscoring the form's importance in maintaining fair and efficient financial transactions in construction and other project-based industries. By providing a structured format for claiming payments, the ARS 372 form facilitates a smoother financial dialogue between contractors and project managers, underscoring the form’s crucial role in project administration.

QuestionAnswer
Form NameArs 372
Form Length1 pages
Fillable?No
Fillable fields0
Avg. time to fill out15 sec
Other namesars372 form instructions, ars372, form ars 33 1008, ares download

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CONTRACTOR'S REQUEST FOR PAYMENT TRANSMITTAL

 

CONTRACT NO.

 

 

PARTIAL PAYMENT NO.

 

FINAL PAYMENT

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PROJECT

 

 

 

 

REQUISITION NO.

 

 

 

 

 

 

 

 

 

 

 

LOCATION

 

 

FOR PERIOD BEGINNING

 

ENDING

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ITEM

 

 

AMOUNT

 

 

 

 

 

 

 

 

 

 

 

1.

Amount of original contract

 

$

 

 

 

 

 

2.

Change orders and/or amendments

 

$

 

 

 

 

 

3.

Total adjusted contract prices

 

$

 

 

 

 

 

4.

Value of work completed to end of period

 

 

$

 

 

 

5.

Value of material stored at the site (Itemize below)

 

 

$

 

 

 

6.

Total value of work completed and stored material (Line 4 plus Line 5).

 

 

$

 

 

 

7.

Less

% retainage

 

 

$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

8.

Total due contractor thru end of this period

 

 

$

 

 

 

9.

Less previous requests

 

 

$

 

 

 

10. Net amount due contractor this payment

 

 

$

 

 

 

 

 

 

MATERIAL STORED AT THE SITE (See Item 5 above)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Description

 

 

Value

CONTRACTOR'S PROGRESS PAYMENT CERTIFICATION

I hereby certify, to the best of my knowledge and belief, that -

(1)The amounts requested are only for performance in accordance with the specifications, terms, and conditions of the contract;

(2)All payments due to subcontractors and suppliers from previous payments received under the contract have been made, and timely payments will be made from the proceeds of the payment covered by this certification, in accordance with subcontract agreements and the requirements of Chapter 39 of Title 31, United States Code;

(3)This request for progress payments does not include any amounts which the prime contractor intends to withhold or retain from a subcontractor or supplier in accordance with the terms and conditions of the subcontract; and

(4)This certification is not to be construed as final acceptance of a subcontractor's performance.

SIGNATURE OF CONTRACTOR'S AUTHORIZED REPRESENTATIVE

DATE SIGNED

 

 

RECOMMENDED FOR PAYMENT (Signature of EPM, COR, CM or A-E as appropriate)

DATE SIGNED

 

 

CONCUR (Signature of EPM or COR as appropriate)

DATE SIGNED

 

 

Form ARS-372 (06/2011)

USDA-ARS

This form was electronically produced by USDA/ARS/OCIO/EASB.

Previous edition is not usable.

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The application will need you to prepare the MATERIAL STORED AT THE SITE See, Description, Value, I hereby certify to the best of my, CONTRACTORS PROGRESS PAYMENT, The amounts requested are only for, All payments due to, payments will be made from the, This request for progress, and subcontractor or supplier in section.

Entering details in form ars 372 form part 2

It is vital to put down some information within the space RECOMMENDED FOR PAYMENT Signature, DATE SIGNED, CONCUR Signature of EPM or COR as, DATE SIGNED, Form ARS This form was, and USDAARS Previous edition is not.

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