John S. McCool and David Hill Bashford | Bradley As common practice, general contractors require a subcontractor to sign a release of claims for each progress payment as a condition for receiving that payment. Nearly every general contractor requires a subcontractor to sign a final release and waiver of all claims prior to receiving a… Continue reading When a General Release and Waiver is not a General Release and Waiver
Tag: Waiver of Claims
Read Before You Sign: Claim Waivers in Project Documents
William E. Underwood | ConsensusDocs Not all claim waivers are appropriately titled “Waiver of Claims.” In fact, claim waivers can be found “hiding” without any advertisement or fanfare in a number of project documents, including change orders and applications for payment. So although getting work quickly approved and paid for is important, taking time to… Continue reading Read Before You Sign: Claim Waivers in Project Documents