Rd 1924 18 Form – Fill Out and Use This PDF

The RD 1924-18 form, approved by the OMB with number 0575-0042, serves as a crucial document for contractors to request partial payments for construction work completed under the auspices of the United States Department of Agriculture's Rural Development and Farm Service Agency. It includes detailed breakdowns for payment estimates, change orders, and certifications by contractors, architects, or engineers to ensure the integrity of ongoing work. For individuals or entities involved in such construction projects, understanding and correctly filling out this form is essential for timely and accurate financial transactions.

To learn more about how to correctly fill out and submit the RD 1924-18 form, click the button below.

Get Form Now Download PDF

Rd 1924 18 Form PDF Details

In the realm of construction and rural development, accurate and timely payments are crucial for maintaining project momentum and ensuring that contractors are compensated for their work. Enter FORM RD 1924-18, a document endorsed by the United States Department of Agriculture (USDA) specifically designed to facilitate partial payments in construction contracts within rural areas. This form epitomizes the structured approach to financial management in construction projects, providing a standardized method for estimating and authorizing partial payments. It encompasses a broad spectrum of details, including a summary of contract change orders, a meticulous breakdown of work completed, and materials stored, alongside the revised contract totals. Furthermore, it incorporates certifications from contractors and architects or engineers, attesting to the accuracy of the work reported and its compliance with the contract documents. The inclusion of original, revised, and remaining contract times, coupled with agency approval, adds another layer of oversight and ensures that all parties are aligned on the project's progression and payment schedules. Ensuring compliance with the Paperwork Reduction Act of 1995, the form also presents a clear and transparent approach to information collection, emphasizing its importance in efficient project management and financial disbursements in rural development projects.

Question	Answer
Form Name	Rd 1924 18 Form
Form Length	3 pages
Fillable?	No
Fillable fields	0
Avg. time to fill out	45 sec
Other names	usda rd 1924 18 form, rd 1924 18 form, usda partial form, rd payment form

Form Preview Example

FORM APPROVED OMB NO. 0575-0042

FORM RD 1924-18	UNITED STATES DEPARTMENT OF AGRICULTURE
(REV. 6-97)	RURAL DEVELOPMENT
	FARM SERVICE AGENCY
	PARTIAL PAYMENT ESTIMATE

CONTRACT NO.

PARTIAL PAYMENT ESTIMATE NO.

PAGE

OWNER:		CONTRACTOR:		PERIOD OF ESTIMATE
				FROM _________ TO _________
				FROM _________ TO _________

	CONTRACT CHANGE ORDER SUMMARY		ESTIMATE

No.	Agency Approval		Amount
No.	Date	Additions	Deductions
	Date	Additions	Deductions

TOTALS

NET CHANGE

1.	Original Contract	__________________________
2.	Change Orders	__________________________
3.	Revised Contract (1 + 2)	__________________________
4.	Work Completed*	__________________________
5.	Stored Materials*	__________________________
6.	Subtotal (4 + 5)	__________________________
7.	Retainage*	__________________________
8.	Previous Payments	__________________________
9.	Amount Due (6-7-8)	__________________________
*	Detailed breakdown attached

CONTRACT TIME

Original (days) _______________________________

Revised _____________________________________

Remaining __________________________________

On Schedule

Yes

Starting Date ___________________________________

Projected Completion ____________________________

CONTRACTOR’S CERTIFICATION:

The undersigned Contractor certifies that to the best of their knowledge, information and belief the work covered by this payment estimate has been completed in accordance with the contract documents, that all amounts have been paid by the contractor for work for which previous payment estimates was issued and payments received from the owner, and that current payment shown herein is now due.

Contractor _______________________________________________

By __________________________________________________

Date _________________________________________________

APPROVED BY OWNER:

Owner _______________________________________________

ARCHITECT OR ENGINEER’S CERTIFICATION:

The undersigned certifies that the work has been carefully inspected and to the best of their knowledge and belief, the quantities shown in this estimate are correct and the work has been performed in accordance with the contract documents.

Architect or Engineer ______________________________________

By __________________________________________________

Date _________________________________________________

ACCEPTED BY AGENCY:

The review and acceptance of this estimate does not attest to the correctness of the quantities shown or that the work has been performed in accordance with the contract documents.

By ____________________________________________________

By __________________________________________________	Title ____________________________________________________
Date _________________________________________________	Date ___________________________________________________

According to the Paperwork Reduction Act of 1995, no persons are required to respond to a collection of information unless it displays a valid OMB control number. The valid OMB control number for this information collection is 0575-0042. The time required to complete this information collection is estimated to average 30 minutes per response, including the time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information.

RD 1924-18 (REV. 6-97)

ITEM

		TYPICAL UNIT PRICE BREAKDOWN *
	CONTRACT (revised)			THIS PERIOD		TOTAL TO DATE		%
DESCRIPTION		UNIT						COM-
	QUANTITY	PRICE	AMOUNT	QUANTITY	AMOUNT	QUANTITY	AMOUNT	PLETE
		PRICE						PLETE
$		$			$		$

TOTALS

	TYPICAL LUMP SUM PRICE BREAKDOWN *						TYPICAL STORED MATERIALS
	TYPICAL LUMP SUM PRICE BREAKDOWN *					AND RETAINAGE BREAKDOWN *
						AND RETAINAGE BREAKDOWN *

		SCHEDULED	WORK COMPLETED		%	MATERIALS STORED AT END OF THIS PAYMENT PERIOD
ITEM	DESCRIPTION	SCHEDULED	THIS PERIOD	TO DATE	COM-				UNIT
ITEM	DESCRIPTION	VALUE			COM-	DESCRIPTION		QUANTITY	UNIT	AMOUNT
		VALUE			PLETE	DESCRIPTION		QUANTITY	VALUE	AMOUNT
					PLETE				VALUE

		$	$	$					$	$

RETAINAGE

THIS ESTIMATE	PERCENT	RETAINED
$	% $

WORK COMPLETED:

STORED MATERIALS:

OTHER (explain)

TOTALS

TOTAL

* AS A MINIMUM, DETAILED BREAKDOWNS SHOULD CONTAIN THIS INFORMATION.

RD 1924-18

REVERSE

FORM S M ANUAL INSERT

FORM RD 1 9 2 4 -1 8

Used by Contractor to request partial payment on construction work completed. Submitted to loan approval official for disbursement.

		(SEE REVERSE)
PROCEDURE FOR PREPARATION	:	RD Instruction 1924-A.
PREPARED BY	:	Contractor.
NUMBER OF COPIES	: Original and three, plus additional copies as appropriate.
SIGNATURES REQUIRED	:	Original and all copies will be signed by: Contractor; Architect/Engineer;
		Borrower representative; Agency representative; other funding agency
		representative as appropriate.
DISTRIBUTION OF COPIES	: Original to Borrower; copy to District and County Office file; copy to
		Architect/Engineer; copy to Contractor; copies to State Office and other
		funding agencies as appropriate.

Rd 1924 18 Form – Fill Out and Use This PDF

Rd 1924 18 Form PDF Details

Form Preview Example

Rd 1924 18 Form isn’t the one you’re looking for?

Related Documents