Unconditional Waiver and Release Upon Progress Payment - Colorado 2026

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by filling in your name and address at the top of the form. This identifies you as the undersigned party.
  3. In the designated field, enter the amount received for the progress payment. Ensure this matches your records.
  4. Specify your role (sub-contractor, agent) and the name of the contractor or general contractor involved in the project.
  5. Provide details about the job location, including city, county, and state. This ensures clarity on where services were rendered.
  6. Indicate any specific conditions regarding waivers or rights being retained, if applicable. This is crucial for protecting your interests.
  7. Complete the date section and sign where indicated. Make sure to print/type your name and title for official documentation.

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An unconditional lien waiver is used after payment has been made. By signing, the party gives up the right to file a lien for the stated amount and timeframe. These waivers confirm that payment has been received and that it applies to a specific scope of work.
Unconditional Release Waivers mean that the team is letting the player go without any conditions. Its like saying goodbye forever. The player can either be picked up by another team or become a free agent, which means they can choose to sign with any team they want.
An unconditional lien release, in contrast, takes effect immediately upon signing. This means the contractor gives up their right to file a lien as soon as they sign, regardless of any future issues. Ideally, contractors sign these when they have already received and confirmed payment.
Unconditional Waiver and Release Upon Progress Payment Use this form when the claimant is required to sign a waiver and release in exchange for, or in order to, induce a progress payment, and the claimant asserts in the waiver that they received the progress payment. This release does not cover all items.
The purpose of an unconditional waiver and release on progress payment is to protect property owners and general contractors from any potential future claims or liens from subcontractors or suppliers for the work completed once payment has been made.

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