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What amount to put on unconditional release upon progress payment – the total paid to date or the specific progress payment?

1 month ago

I have a customer who is requesting that the Unconditional Waiver and Release Upon Progress Payment states in the amount line the “total paid to date” rather than the amount of the progress payment for that specific pay period.

Managing Partner Gibbs Giden LLP

You insert only the specific payment made for the current period which clears all lien claims through the “through date” specified – -subject to any exceptions made at the bottom of the form.

(NOTE: The information presented here is general in nature and is not intended nor should be construed as legal advice for any particular case or client. The content contained herein is published online for informational purposes only, may not reflect the most current legal developments, verdicts or settlements, and does not constitute legal advice. Do not act on the information contained herein without seeking the advice of licensed counsel. This posting does not create any attorney-client relationship and is neither intended to constitute an advertisement nor a solicitation).

Disclaimer: NOTE: The information presented here is general in nature and is not intended nor should be construed as legal advice for any particular case or client. The content contained herein is published online for informational purposes only, may not reflect the most current legal developments, verdicts or settlements, and does not constitute legal advice. Do not act on the information contained herein without seeking the advice of licensed counsel. This posting does not create any attorney-client relationship and is neither intended to constitute an advertisement nor a solicitation.
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