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Interim Lien Waiver
"I need an Interim Lien Waiver for a commercial construction project in Dubai, UAE, for a progress payment of AED 2.5 million due on March 15, 2025, with standard provisions for preserving rights for unpaid work and retention amounts."
1. Project Identification: Details of the construction project including project name, address, and contract reference number
2. Parties: Identification of the Contractor/Subcontractor (Lien Waiver Provider) and the Owner/General Contractor (Recipient)
3. Payment Acknowledgment: Specific details of the payment received, including amount and payment period covered
4. Waiver Statement: Express waiver of lien rights for work completed and payments received up to the stated date
5. Reservation of Rights: Statement preserving rights for unpaid work, retainage, and pending change orders
6. Certification: Contractor's certification that all subcontractors and suppliers have been paid for the period covered
7. Execution: Signature block with date and notarization requirements as per UAE law
1. Retention Amount: Section addressing retained amounts not covered by the waiver, used when retention is applicable
2. Disputed Claims: Section specifically reserving rights for any disputed claims or pending change orders, used when there are ongoing disputes
3. Conditional Language: Additional conditions for the waiver's effectiveness, used when payment is not yet received but waiver is signed in advance
4. Previous Payments: Acknowledgment of prior payments received, used for projects with multiple payment phases
1. Schedule A - Payment Details: Detailed breakdown of payment amounts, including current payment, previous payments, and remaining contract balance
2. Schedule B - Project Scope: Detailed description of work completed and materials supplied for which the lien rights are being waived
3. Schedule C - Outstanding Claims: List of any pending change orders, disputed amounts, or retained funds not covered by the waiver
Authors
Construction
Real Estate Development
Infrastructure
Commercial Property
Residential Development
Industrial Construction
Energy & Utilities
Hospitality
Healthcare Construction
Education Facilities
Legal
Finance
Construction
Project Management
Commercial
Contract Administration
Risk Management
Development
Operations
Project Manager
Construction Manager
Contract Administrator
Legal Counsel
Chief Financial Officer
Quantity Surveyor
Construction Director
Claims Manager
Finance Manager
Commercial Manager
Development Director
Project Coordinator
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