Request for Partial Payment of Stored Materials - New York

Request for Partial Payment of Stored Materials is a legal document that was released by the New York State Department of Transportation - a government authority operating within New York.

FAQ

Q: What is a request for partial payment of stored materials?
A: A request for partial payment of stored materials is a formal request made by a contractor or subcontractor to receive payment for materials that have been procured and stored on a construction site.

Q: When is a request for partial payment of stored materials typically submitted?
A: Typically, a request for partial payment of stored materials is submitted when the contractor or subcontractor has procured materials and stored them on-site, but the project has not yet reached the stage where they will be incorporated into the construction.

Q: Who can submit a request for partial payment of stored materials?
A: Contractors and subcontractors who have procured and stored materials on a construction site can submit a request for partial payment.

Q: What should be included in a request for partial payment of stored materials?
A: A request for partial payment of stored materials should include details of the materials procured, their value, and documentation to support their storage on the construction site.

Q: What is the purpose of a request for partial payment of stored materials?
A: The purpose of a request for partial payment of stored materials is to ensure that contractors and subcontractors are paid for the materials they have procured and stored, even if they have not yet been incorporated into the construction.