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Unconditional Waiver And Release On Final Payment
"I need an Unconditional Waiver and Release on Final Payment for our Brussels office tower construction project, where we're the general contractor releasing claims against the property owner following receipt of final payment of 鈧5.2M on March 15, 2025, and we need to include confirmation that all our subcontractors have been paid in full."
1. Parties: Identification of the releasing party (typically contractor/supplier) and the released party (typically owner/general contractor)
2. Background: Brief description of the project, contract reference, and context of the final payment
3. Definitions: Key terms including 'Final Payment', 'Project', 'Contract', and 'Claims'
4. Final Payment Acknowledgment: Acknowledgment of the receipt of final payment amount and date
5. Scope of Release: Comprehensive description of all claims, rights, and liens being waived
6. Unconditional Nature of Release: Clear statement that the release is unconditional and effective immediately upon execution
7. Representations and Warranties: Releasing party's confirmation of authority to execute and that all subcontractors/suppliers have been paid
8. Governing Law: Specification of Belgian law as governing law and jurisdiction
9. Execution: Signature blocks and execution requirements
1. Exceptions to Release: Used when specific claims or rights are explicitly excluded from the waiver
2. Subcontractor Confirmation: Include when verification of payments to subcontractors is required
3. Retention Release: Include when separate confirmation of retention release is needed
4. Insurance Claims: Used when addressing ongoing or potential insurance claims separately
5. Future Work Provisions: Include when there is potential for future work or separate contracts
6. Translation Clause: Include when document needs to be in multiple languages (common in Belgium)
1. Schedule A - Payment Details: Detailed breakdown of final payment amount, including any retention release
2. Schedule B - Project Description: Detailed description of the project scope and work completed
3. Schedule C - Subcontractor List: List of all subcontractors and suppliers with confirmation of payments
4. Appendix 1 - Original Contract Reference: Copy or summary of relevant contract terms being released
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Project Manager
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Procurement Manager
Operations Director
Site Manager
Claims Manager
Risk Manager
Account Manager
Construction Supervisor
Quantity Surveyor
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Final Waiver Of Lien Form
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Conditional Waiver And Release On Progress Payment
A Belgian law-governed document that conditionally waives construction lien rights upon receipt of a specific progress payment, commonly used in construction projects.
Unconditional Waiver And Release On Final Payment
A Belgian law-governed document providing unconditional waiver of all rights and claims upon final payment receipt.
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