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Unconditional Waiver On Progress Payment Form

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  • Execute an unconditional waiver and release to prove the receipt of good and sufficient.
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  • Essentially a waiver removes a real or potential liability for the other party in the agreement For example in a settlement between two parties one party might by means of a waiver relinquish its right to pursue any further legal action once the settlement is finalized.
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NOTICE THIS DOCUMENT WAIVES RIGHTS UNCONDITIONALLY AND STATES THAT YOU HAVE BEEN PAID FOR GIVING UP THOSE RIGHTS IT IS PROHIBITED FOR A PERSON TO REQUIRE YOU TO SIGN THIS DOCUMENT IF YOU HAVE NOT BEEN PAID THE PAYMENT AMOUNT SET FORTH BELOW IF YOU HAVE NOT BEEN PAID USE A CONDITIONAL RELEASE FORM.

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1 Following your first payment for work performed HPS requires a 2 Unconditional Progress Release for every pay period until a FINAL Release is received.

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Unconditional Waiver and Release Upon Progress Payment means a written statement in the form prescribed by California Civil Code 134 as such form may.

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