Precast concrete is a construction product produced by casting concrete in a reusable mold or form which is then cured in a controlled environment, transported to the construction site and lifted into place. In contrast, standard concrete is poured into site-specific forms and cured on site.
What They Are. Semi-monthly payments are payments made twice per month on the 1st and 15th rather than once per month on your regular due date. The balance due remains unchanged; if your mortgage is $1,200 per month, you would make a payment of $600 twice each month.
If the October 1st payday is on a Saturday, Sunday or holiday, payment willbe made on the next succeeding workday.Beginning April 1, 2006, the semi-monthly pay periods will be the 1st through the 15 th and the16th through the last day of the month.