Sworn Construction Statement. One of the documents required by a lender is a sworn construction statement from a building contractor. A sworn statement is an itemized list of all individuals and companies who have provided improvements, materials, or labor toward the construction project. This includes bids from subcontractors and suppliers for all labor and specific materials that go into the construction of the property.
Investment Characteristics. Most commercial paper has a maturity of about 45 days, and most are less than 90 days, although some commercial paper has a maturity of up to 270 days. The terms of the commercial paper is determined by a number of factors. One factor is the market.
Given the cost constraints on newspapers, the [annual] decline in newsprint demand by the U.S. dailies will likely continue in the 9% to 12% range in 2008 rather than the 5% to 7% range we saw over the 2004-2006 period, she added.WS, +1.14% empire that also owns MarketWatch.com, estimated they spent $30 million on their printing operations to accommodate the narrower paper. The benefit was swift, however, saving the paper about $18 million in newsprint costs in the first year.