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.
The semi-monthly payroll is most commonly used to pay regular exempt employees. Pay dates for semi-monthly payrolls typically are the 15th of the month and the last working day of the month. If the 15th falls on a weekend or holiday, the payday normally defaults to the last working day prior to the 15th.