Conditional Progress Release Form Generator for Germany

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Key Requirements PROMPT example:

Conditional Progress Release Form

"I need a Conditional Progress Release Form under German law for a commercial building project in Munich, authorizing a €2.5M progress payment to the main contractor subject to successful completion of the building's foundation works by March 2025."

Document background

The Conditional Progress Release Form is a critical document in German construction and development projects, designed to manage the release of progress payments while protecting the interests of all parties involved. It is primarily used when partial completion of works needs to be formally documented and corresponding payments need to be released subject to specific conditions. The document is structured in accordance with German construction law, particularly BGB § 632a, and typically includes detailed descriptions of completed works, payment amounts, and conditions for release. This form is essential in projects where staged payments are implemented and serves as both a payment authorization and a project management tool, helping to maintain clear documentation of project progress and payment conditions.

Suggested Sections

1. Parties: Identification of the contracting parties - typically the principal/employer and the contractor

2. Project Reference: Details of the main construction contract and project identification

3. Completed Works Declaration: Detailed description of the works completed to date for which the release is being issued

4. Payment Amount: Specification of the payment amount being released, including any retained amounts

5. Release Conditions: Clear statement of the conditions that must be met for the release to become effective

6. Verification Statement: Confirmation of work inspection and verification by relevant parties

7. Release Effect: Legal effect of the release once conditions are met, including any reservations of rights

8. Execution: Signature blocks and date of execution

Optional Sections

1. Defects List: List of any identified defects that need to be remedied - include when there are outstanding defects that don't prevent release

2. Time Extension: Any agreed time extensions related to the completed works - include when progress has been affected by delays

3. Warranty Confirmation: Specific warranty terms for the completed works - include when special warranty provisions apply

4. Dispute Resolution: Specific dispute resolution procedures - include when standard contract procedures are modified

5. Third Party Rights: Rights of third parties (e.g., subcontractors) - include when third party rights are affected by the release

Suggested Schedules

1. Schedule A - Work Progress Documentation: Detailed documentation of completed works, including photos and technical descriptions

2. Schedule B - Payment Calculation: Detailed breakdown of the payment amount, including any retentions or deductions

3. Schedule C - Outstanding Works List: List of remaining works to be completed under the main contract

4. Schedule D - Inspection Records: Records of inspections carried out to verify the completed works

5. Schedule E - Compliance Certificates: Copies of relevant compliance certificates or regulatory approvals for the completed works

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

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Authors

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