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.
Many states have minimum payday policies, which require an employer to pay employee no less than by the stated time frame. A semimonthly payroll is one of the traditional paydays that may fall into this requirement. Compared to a weekly or biweekly payroll, a semimonthly can be complex.