Free Construction Payment Report

Project Detail	Information
Project Name	Sunset Plaza Construction
Project ID	SP-2050-01
Project Location	1200 Main Street, Springfield, IL 62701
Client Name	Horizon Development Group
Contractor	BuildRight Construction Inc.

Payment Summary	Amount
Total Payments Made	$1,200,000
Total Payments Pending	$150,000
Total Payments Due	$50,000
Payment Period	November 1, 2050 – December 15, 2050

Payee	Amount Paid	Amount Pending
General Contractor: BuildRight Construction Inc.	$500,000	$75,000
Subcontractor 1 (Electrical): PowerTech Electrical Services	$200,000	$25,000
Subcontractor 2 (Plumbing): FlowMaster Plumbing Co.	$100,000	$20,000
Supplier: SteelWorks Supply Ltd.	$150,000	$10,000

Invoice #	Vendor	Date	Description	Amount
#001	BuildRight Construction Inc.	November 5, 2024	Payment for site preparation and foundation work	$300,000
#002	PowerTech Electrical Services	November 12, 2024	Electrical wiring installation for the first floor	$150,000
#003	FlowMaster Plumbing Co.	November 20, 2024	Plumbing for bathrooms and kitchen areas	$75,000

Payment Status	Amount
Payments Completed	$1,050,000
Payments Pending	$150,000
Details	Payments for invoices #003 and #004 (subcontractor fees) remain pending.
Late Payments	None
Discrepancies	None

Retention Amounts	Details
Amount Retained for Quality Assurance	$50,000 (General Contractor)
Retention Period	6 months after project completion

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