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Interim Lien Waiver
"I need an Interim Lien Waiver for a commercial building project in Kuala Lumpur, covering progress payment of RM 2.5 million for work completed through March 15, 2025, with special attention to preserving rights for pending change orders."
1. Project Identification: Details of the construction project including project name, address, and any relevant project numbers
2. Parties: Identification of the waiving party (contractor/subcontractor) and the party receiving the waiver (usually the property owner or general contractor)
3. Payment Period: Specific time period covered by the waiver, including relevant dates and payment amount
4. Waiver Statement: Clear statement of the rights being waived, specifically relating to liens and claims for the specified payment period
5. Reservation of Rights: Statement of rights being retained, including rights related to unpaid retainage, unbilled work, and future work
6. Certification: Statement certifying that all subcontractors and suppliers have been paid for the work covered by this waiver
7. Execution: Signature block with date and notary section
1. Conditional Waiver Clause: Optional section making the waiver conditional upon receipt of specific payment (used when payment hasn't yet been received)
2. Previous Payments Acknowledgment: Confirmation of receipt of all previous payments to date, used when there's a history of multiple payments
3. Exceptions Schedule Reference: Reference to schedule of specific exceptions or disputed amounts, used when there are outstanding issues
4. Insurance Claims Reservation: Specific reservation of rights related to insurance claims or pending change orders, used when applicable
1. Schedule A - Payment Details: Detailed breakdown of payment amounts, including current payment and previous payments
2. Schedule B - Exception List: List of any specific claims, disputed amounts, or rights being explicitly reserved
3. Schedule C - Project Scope: Description of work performed during the payment period covered by the waiver
4. Appendix 1 - Supporting Documents: Copies of relevant invoices, payment applications, or other supporting documentation
Authors
Construction
Real Estate Development
Infrastructure
Commercial Property
Industrial Development
Residential Development
Mining
Oil & Gas
Manufacturing
Hospitality
Legal
Finance
Construction
Project Management
Commercial
Risk Management
Procurement
Operations
Contract Administration
Development
Construction Manager
Project Manager
Contract Administrator
Legal Counsel
Chief Financial Officer
Finance Director
Construction Site Supervisor
Procurement Manager
Commercial Director
Risk Manager
Claims Manager
Project Controller
Development Manager
Construction Director
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