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Construction Waiver Release Form
"I need a Construction Waiver Release Form for a residential development project in Manchester where our main contractor has completed Phase 1 of the works and we need to release their retention payment for March 2025, while maintaining our rights for ongoing warranty claims."
1. Parties: Identification of all parties involved in the waiver, including the party providing the release and the party being released
2. Background: Context of the construction project, nature of works, and reason for the waiver
3. Definitions: Key terms used throughout the document including 'Works', 'Project', 'Site', and relevant technical terms
4. Scope of Waiver: Detailed description of rights being waived and extent of the release, including specific claims being waived
5. Acknowledgment of Understanding: Confirmation that signatory understands the implications of the waiver and has had opportunity to seek legal advice
6. Execution: Signature blocks, witness requirements, and execution formalities
1. Insurance Provisions: Details of insurance coverage and requirements, used when specific insurance arrangements need to be documented
2. Third Party Rights: Provisions regarding rights of third parties affected by the waiver, used when third parties might have interests in the project
3. Dispute Resolution: Process for resolving disputes, included for complex projects or high-value works
1. Schedule of Works: Detailed description of construction works covered by the waiver
2. Site Plans: Relevant drawings or plans of the construction site and affected areas
3. Risk Assessment: Documentation of identified risks and mitigation measures
4. Insurance Certificates: Copies of relevant insurance documentation and certificates
Authors
Claims
Completion Date
Construction Period
Construction Work
Contract Documents
Contractor
Developer
Effective Date
Indemnified Parties
Liabilities
Loss
Owner
Parties
Project
Project Site
Released Claims
Released Matters
Retention
Schedule of Works
Services
Site
Specifications
Subcontractor
Substantial Completion
Waiver
Work Product
Works
Scope of Waiver
Consideration
Representations and Warranties
Indemnification
Insurance
Excluded Claims
Health and Safety
Third Party Rights
Confidentiality
Warranties
Limitation of Liability
Governing Law
Dispute Resolution
Severability
Entire Agreement
Force Majeure
Assignment
Notices
Execution
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