The Unconditional Partial Lien Waiver is a crucial document in Singapore's construction industry that helps manage payment risks and project completion certainty. It is typically used when a contractor or subcontractor receives partial payment for work completed on a project and needs to formally acknowledge receipt of payment while waiving their right to file a lien for that specific portion of work. The document must comply with Singapore's Building and Construction Industry Security of Payment Act (SOPA) and includes specific details about the project, payment amount, and work completed. It's particularly important in large construction projects where multiple payment phases are involved and serves as protection for both the paying party and the contractor.
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1. Project Identification: Details of the construction project including address and contract reference
2. Payment Information: Amount paid, payment period, and progress payment details
3. Waiver Scope: Specific rights being waived and work completed to date
4. Warranty of Authority: Confirmation of signatory's authority to execute the waiver
5. Execution Block: Signature, date, and notarization requirements
1. Retention Release: Additional section used when partial payment includes release of retention monies
2. Conditional Provisions: Section for any conditions that must be met for the waiver to be effective
3. Reservation of Rights: Section for specific rights being preserved despite the waiver
1. Payment Schedule: Detailed breakdown of payments received and outstanding amounts
2. Work Completion Schedule: Description of completed work covered by the waiver
3. Supporting Documents: Copies of relevant invoices, payment certificates, or other supporting documentation
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