"Unconditional Waiver and Release on Progress Payment"

An Unconditional Waiver and Release on Progress Payment is a formal document prepared by one party and presented to the other party with the promise not to pursue any legal action if provided with compensation for products already delivered and services already rendered. When you negotiate a progress payment, it means the other party will receive installments either when different stages of the project are completed or after the services have been provided in full. It is up to the claimant to agree to progress payment instead of suing the other party.

Download an Unconditional Waiver and Release on Progress Payment template through the link below.

How to Make an Unconditional Waiver and Release on Progress Payment?

This document should contain the following details:

  1. The names of the parties and the location of the project if the issue relates to construction.
  2. Confirmation of the claimant who received the first installment, is satisfied with it, and will not bring the case to the court. Verify your consent to receive payments in the future and add a payment schedule if necessary.
  3. The total amount of money still owed to the original claimant.
  4. List of exceptions not covered by the release.
  5. Signatures of the parties.

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Unconditional Waiver and Release
on Progress Payment
This form complies with the requirements of Civil Code Section 3262(d)(4).
This document waives and releases lien, stop payment notice, and payment bond
rights the claimant has for labor and service provided, and equipment and material
delivered, to the customer on this job throughout the through date of this document.
The rights based upon labor or service provided, or equipment or material delivered,
pursuant to a written change order that has been fully executed by the parties prior to
the date that this document is signed by the claimant, are waived and released by this
document unless listed as an exception below.
1. Identifying Information.
Name of Claimant: _____________________________________________________
Name of Customer: _____________________________________________________
Job Location:​
_ _________________________________________________________
_____________________________________________________________________
Owner:​
_ ______________________________________________________________
Through Date: _________________________________________________________
2. Progress Payment.
The claimant has received the following progress payment: _____________________
3. Exceptions.
This document does not affect any of the following:
● Retentions;
● Extras for which the claimant has not received payment;
● Contract rights, including:
○ The right based on rescission, abandonment, or breach of contract.
○ The right to recover compensation for work not compensated by the
payment.
©​ ​ ​ ​
T EMPLATEROLLER.COM​
Unconditional Waiver and Release
on Progress Payment
This form complies with the requirements of Civil Code Section 3262(d)(4).
This document waives and releases lien, stop payment notice, and payment bond
rights the claimant has for labor and service provided, and equipment and material
delivered, to the customer on this job throughout the through date of this document.
The rights based upon labor or service provided, or equipment or material delivered,
pursuant to a written change order that has been fully executed by the parties prior to
the date that this document is signed by the claimant, are waived and released by this
document unless listed as an exception below.
1. Identifying Information.
Name of Claimant: _____________________________________________________
Name of Customer: _____________________________________________________
Job Location:​
_ _________________________________________________________
_____________________________________________________________________
Owner:​
_ ______________________________________________________________
Through Date: _________________________________________________________
2. Progress Payment.
The claimant has received the following progress payment: _____________________
3. Exceptions.
This document does not affect any of the following:
● Retentions;
● Extras for which the claimant has not received payment;
● Contract rights, including:
○ The right based on rescission, abandonment, or breach of contract.
○ The right to recover compensation for work not compensated by the
payment.
©​ ​ ​ ​
T EMPLATEROLLER.COM​
4. Signature.
___________________
___________________
___________________
Claimant's Signature
Claimant's Title
Date of Signature
©​ ​ ​ ​
T EMPLATEROLLER.COM​
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