Unconditional Waiver & Release upon Progress Payment

This Unconditional Waiver and Release Upon Progress Payment is generally used in the construction industry but can be used in other situations. This release requires a claimant to execute a waiver and release in exchange for a progress (not final) payment for labour, services, equipment or materials supplied for a job. Once signed, any mechanic’s lien, stop notice or bond right is released. (continued ...)