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Subcontractor Release Form
"Need a Subcontractor Release Form for our IT infrastructure project with TechBuild Solutions Ltd, who completed their work on January 15, 2025, with a final payment of £75,000 and some ongoing warranty obligations for the server installations."
1. Date and Parties: Identification of all parties involved and date of release
2. Project Details: Specific details of the project(s) covered by the release
3. Release Statement: Clear statement of release from obligations and liabilities
4. Payment Confirmation: Confirmation of final payment and that no further payments are due
5. Signatures: Execution blocks for all parties
1. Warranty Release: Optional section for release from future warranty obligations when ongoing warranty obligations exist
2. Intellectual Property Rights: Optional section for transfer or retention of IP rights when IP was created during the project
3. Confidentiality: Optional section for ongoing confidentiality obligations when sensitive information was shared
4. Dispute Resolution: Optional section for process of resolving any future disputes when dealing with complex projects
1. Schedule of Works: Detailed list of completed works covered by the release
2. Payment Schedule: Record of all payments made and confirmed as final
3. Outstanding Items List: List of any excluded items or retained obligations
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