The Partial Lien Waiver Form is a crucial document in Nigerian construction projects that helps maintain clear payment records and protect all parties involved in construction transactions. It is typically used when a contractor, subcontractor, or supplier receives a progress payment and needs to formally acknowledge receipt while waiving their right to file a lien for that specific payment amount. The document is essential in Nigerian construction practice as it helps prevent double payment claims and provides clear documentation of payment history. The form must comply with Nigerian property law and construction regulations, making it a vital tool in construction project management and payment processing. This document is particularly important in large-scale construction projects where multiple parties are involved and payment schedules are complex.
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1. Project Identification: Details of the construction project including project name, address, and any relevant project numbers or identifiers
2. Parties: Full legal names and addresses of the Lien Waiver Provider (contractor/subcontractor/supplier) and the Party receiving the waiver (usually the property owner or general contractor)
3. Payment Acknowledgment: Specific details of the payment received, including amount, date, and payment period covered
4. Waiver Statement: Clear statement of the specific lien rights being waived, limited to the payment amount received
5. Reservation of Rights: Statement preserving rights for retention amounts, unbilled work, and pending claims
6. Sworn Statement: Declaration that the information provided is true and correct
7. Execution Block: Signature lines, date, and notary section
1. Conditional Waiver Clause: Optional section to make the waiver conditional upon receipt of payment, used when the waiver is signed before payment is received
2. Third-Party Rights: Section addressing rights of subcontractors or suppliers, needed when the waiving party has engaged other parties
3. Previous Payments: Summary of previous payments received, useful for complex projects with multiple payment phases
4. Insurance Claims: Statement regarding any pending insurance claims related to the project, included when there are active or potential claims
5. Local Law Compliance: Additional provisions required by specific Nigerian states or localities, included based on project location
1. Schedule A - Payment Details: Detailed breakdown of the payment amount, including any withholdings or deductions
2. Schedule B - Project Scope: Description of work completed for which the lien rights are being waived
3. Appendix 1 - Supporting Documents: Copies of relevant payment receipts, invoices, or other supporting documentation
4. Appendix 2 - Previous Waivers: Copies of any previous lien waivers executed for the same project
Relevant legal definitions
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Relevant Industries
Construction
Real Estate
Infrastructure Development
Commercial Property
Residential Development
Industrial Construction
Oil and Gas Construction
Mining Infrastructure
Healthcare Construction
Educational Facilities
Government Infrastructure
Retail Development
Relevant Teams
Legal
Construction Management
Project Management
Finance
Operations
Procurement
Risk Management
Commercial
Contract Administration
Claims Management
Relevant Roles
Construction Manager
Project Manager
Contract Administrator
Legal Counsel
Construction Site Supervisor
Quantity Surveyor
Procurement Manager
Finance Director
Construction Director
Property Developer
Claims Manager
Risk Manager
Commercial Manager
Operations Manager
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