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Subcontractor Release Form Template for Australia

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Key Requirements PROMPT example:

Subcontractor Release Form

"I need a Subcontractor Release Form for a completed construction project in Queensland, where we need to release the final retention payment of $50,000 by March 2025 but maintain ongoing warranty obligations for structural elements."

Document background
The Subcontractor Release Form is a essential document used in Australian business operations to formally conclude subcontracting arrangements. It is typically executed upon completion of works when all payments have been made and both parties agree to release each other from future claims. The document is particularly important in industries such as construction, engineering, and professional services where subcontracting is common. It must comply with Australian federal laws including the Independent Contractors Act 2006 and relevant state/territory legislation. The form includes detailed information about the completed work, confirmation of payments, and specific releases of claims. It serves as protection for both parties by preventing future disputes and providing clear documentation of the conclusion of the contractual relationship.
Suggested Sections

1. Parties: Identification of the primary contractor and subcontractor, including ABN/ACN numbers and registered addresses

2. Background: Brief context about the original subcontract agreement and the completed work

3. Definitions: Key terms used in the release form including 'the Work', 'Claims', 'Project', and 'Release Date'

4. Work Completion Statement: Detailed description of the completed work and confirmation that it has been performed to required standards

5. Payment Confirmation: Statement of amounts paid and confirmation that all payments have been received

6. Release and Waiver: The formal release of claims and waiver of future rights related to the completed work

7. Exceptions: Any specific exclusions from the release (if applicable)

8. Governing Law: Specification that the release is governed by Australian law and the relevant state/territory jurisdiction

9. Execution: Signature blocks for both parties with proper execution requirements

Optional Sections

1. Retention Release: Include when there are retention monies being released as part of the final payment

2. Warranties: Include when ongoing warranties need to be preserved despite the general release

3. Insurance Obligations: Include when specific insurance obligations continue post-completion

4. Confidentiality: Include when there are specific confidentiality obligations that survive the release

5. Intellectual Property: Include when IP rights need to be specifically addressed in the release

Suggested Schedules

1. Schedule 1 - Project Details: Details of the project including location, scope, and relevant dates

2. Schedule 2 - Payment Summary: Itemized list of all payments made under the subcontract

3. Schedule 3 - Outstanding Variations: List of any variations and their status at the time of release

4. Appendix A - Original Subcontract Reference: Copy or reference details of the original subcontract agreement

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions























Clauses




















Relevant Industries

Construction

Engineering

Mining

Infrastructure

Commercial Development

Residential Development

Information Technology

Professional Services

Manufacturing

Energy

Relevant Teams

Legal

Operations

Commercial

Procurement

Finance

Project Management

Contract Administration

Risk Management

Compliance

Relevant Roles

Project Manager

Contract Administrator

Construction Manager

Site Supervisor

Procurement Manager

Legal Counsel

Commercial Manager

Operations Manager

Finance Manager

Contracts Manager

Risk Manager

Compliance Officer

Industries








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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