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Subcontractor Release Of Claims Form Template for England and Wales

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Key Requirements PROMPT example:

Subcontractor Release Of Claims Form

"I need a Subcontractor Release Of Claims Form for a completed office renovation project in Manchester, where the subcontractor has completed all mechanical and electrical works valued at £2.5M, and we need to process their final payment by March 2025."

Document background
The Subcontractor Release Of Claims Form is a critical document in construction and engineering projects under English and Welsh law, typically used at project completion or contract termination. It provides legal certainty that all financial matters between the main contractor and subcontractor have been settled, and that the subcontractor releases any rights to future claims, except those specifically reserved. This document helps prevent future disputes and provides clarity on the final settlement of accounts, making it an essential tool for project closeout procedures.
Suggested Sections

1. Project Identification: Details of the project and contract being released, including project name, location, contract reference numbers and dates

2. Parties: Full legal identification of the contractor and subcontractor, including registered addresses and company numbers

3. Release Statement: Formal waiver of claims and rights, including specific language releasing all known and unknown claims related to the project

4. Payment Confirmation: Acknowledgment of final payment amount received and confirmation that no further payments are due

5. Execution Block: Signature sections for all parties, including witness requirements and date of execution

Optional Sections

1. Conditional Release Provisions: Used when the release is subject to specific conditions such as final payment receipt or completion of punch list items

2. Retained Rights: Section specifying any claims or rights that are explicitly preserved and not included in the release

3. Indemnification: Additional provisions for protecting released parties from future claims or third-party actions

Suggested Schedules

1. Payment Schedule: Detailed breakdown of final payment amounts, including any retained amounts and previous payments

2. Outstanding Claims List: Comprehensive list of all claims being released, including any pending change orders or variations

3. Project Completion Certificate: Documentation confirming satisfactory completion of works and acceptance by the main contractor

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions






















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Relevant Industries
Relevant Teams
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Industries

Construction Act 1996: Housing Grants, Construction and Regeneration Act covering payment provisions, rights to adjudication, and notice requirements in construction contracts

Limitation Act 1980: Establishes time limits for bringing claims, statutory limitation periods, and governs the effect of waiver of rights

Construction (Design and Management) Regulations 2015: Regulations governing health and safety obligations and liability considerations in construction projects

Contracts (Rights of Third Parties) Act 1999: Legislation governing rights of third parties and the effect of release on related parties in contractual relationships

Supply of Goods and Services Act 1982: Establishes quality of work standards and implied terms in contracts for goods and services

Common Law Principles: Fundamental legal principles including consideration requirements, doctrine of estoppel, and release of rights principles

Companies Act 2006: Primary legislation governing corporate entities, including authority to execute documents and corporate formalities

Civil Procedure Rules: Rules governing civil litigation in England and Wales, including provisions for settlement agreements and dispute resolution

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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