Unconditional Waiver And Release On Progress Payment Form Page 2
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3to _____________________ (person with whom signer contracted) on
the
property
of
_______________________
(owner)
located
at
______________________
(location)
to
the
following
extent:
______________________ (job description).
The signer therefore
waives and releases any mechanic's lien right, any right arising
from
a
payment
bond
that
complies
with
a
state
or
federal
statute,
any
common
law
payment
bond
right,
any
claim
for
payment, and any rights under any similar ordinance, rule, or
statute related to claim or payment rights for persons in the
signer's position that the signer has on the above referenced
project to the following extent:
This
release
covers
a
progress
payment
for
all
labor,
services, equipment, or materials furnished to the property or
to __________________ (person with whom signer contracted) as
indicated
in
the
attached
statement(s)
or
progress
payment
request(s), except for unpaid retention, pending modifications
and changes, or other items furnished.
The signer warrants that the signer has already paid or
will
use
the
funds
received
from
this
progress
payment
to
promptly
pay
in
full
all
of
the
signer's
laborers,
subcontractors,
materialmen,
and
suppliers
for
all
work,
materials, equipment, or services provided for or to the above
referenced project in regard to the attached statement(s) or
progress payment request(s).
D:\DOCUMENTS AND SETTINGS\GLENN\MY DOCUMENTS\TOM SHIELS\STATUTORY RELEASE FORMS\UNCONDITIONAL
WAIVER AND RELEASE-PROGRESS PAYMENT FORM.DOC
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