Am I Submitting The Correct Paperwork With My Draw Request?
Here are the four documents you need for your draw requests.
Time is money, which is why our goal is to make sure that each of your draw requests is processed in a timely manner. That way we can make sure everyone is paid efficiently. In order to do this, here are four main documents we’ll need for each of your draw requests:
1. A completed draw request. It needs to be signed by all parties. In addition, it needs to list each of the line items that you’re drawing money from and each of the payees that you’re planning on paying in this draw request.
2. A lien waiver. We need a lien waiver for each one of the pages. It’s listed on that draw request.
“Submit all the required documents for a smoother draw request process.”
3. An invoice for each of the pages. They need to match the line items that you’re requesting on that draw request, and the dollar figures need to all add up to the total of all the invoices that you’ve submitted.
4. A signed and executed W-9. This is the last document that we need for each one of your draw requests. We don’t need that W-9 on every single draw request. We just need one time for each one of the payees.
These are the very simple documents to provide. If you provide them in a timely fashion with each of your draw requests, I guarantee the process will go smoothly. If you have any questions about this topic or anything related, call or email me. I’d love to connect with you!
