Affidavit of Performance:

An affidavit of performance is a sworn written statement made by a contractor or subcontractor, attesting to the completion and quality of their work on a construction project. The affidavit typically includes a description of the scope of work performed, the dates of performance, the compliance with the contract documents and applicable laws and regulations, the absence of any defects or liens, and the receipt of full payment. The affidavit is signed and notarized by the contractor or subcontractor, under penalty of perjury. The purpose of an affidavit of performance is to provide a formal and legal record of the contractor’s or subcontractor’s fulfillment of their contractual obligations, protect the owner and other parties from potential claims or liabilities, and facilitate the release of final payment and project closeout. An affidavit of performance is an important document that carries significant legal and reputational consequences and should be carefully prepared and reviewed by the parties and their legal counsel.