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 What does the T1, T2 or T3 mean after the project name on the Granite documentation?

These are the three different tiers utilized for builder approval. Depending upon the strength of the builder and/or the builder’s credit profile, a T1 builder would have a streamlined draw process, a T2 builder is a partial streamlined draw process and a T3 builder would have to provide the full documentation including all required invoices and lien waivers. See Exhibit A – Tiered Builder Draw Requirements

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