Waiver of Right to Claim Against the Payment Bond – Progress Payment [FORM]

(Consult an attorney before using this form or relying on this information)

 

WAIVER OF RIGHT TO CLAIM AGAINST THE PAYMENT BOND
(PROGRESS PAYMENT)

The undersigned, in consideration of the sum of $_____ hereby waives its right to claim against the payment bond for labor, services, or materials furnished through (insert date) , to (insert the name of your customer) on the job of (insert the name of the owner) , for improvements to the following described project:

(description of project)

This waiver does not cover any retention or any labor, services, or materials furnished after the date specified.

DATED on _____

(Lienor)

By: __________

 

Watch this Video on the 3 Most Common Waiver/Release Mistakes to Avoid [VIDEO]

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