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Partial Conditional Lien Waiver
"Need a Partial Conditional Lien Waiver for our Singapore high-rise construction project, covering progress payment of SGD 2.5M for work completed through March 2025, with specific retention rights for ongoing mechanical works."
1. Project Identification: Details of the construction project including address and project name
2. Waiving Party Information: Identity and details of the party waiving their lien rights
3. Payment Amount: Specific amount received or to be received in exchange for the waiver
4. Scope of Waiver: Specific rights being waived and time period covered
5. Conditional Terms: Specific conditions that must be met for the waiver to become effective
1. Retention Rights: Reservation of rights related to retained amounts, used when retention is applicable
2. Claims for Changes: Reservation of rights for changed work, used when there are pending change orders
3. Disputed Claims: Preservation of rights for disputed amounts, used when there are ongoing disputes
1. Payment Schedule: Detailed breakdown of payments received and outstanding
2. Project Scope Documentation: Description of work completed relevant to the waiver
3. Supporting Documents: Copies of relevant payment certificates or applications
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