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An owner wants final payment made before all release documents are matched to cleared checks. What should be completed first?

Correct Answer

A) Release review.

Release documents should be reconciled to cleared payments before final payment controls are closed.

Answer Options
A
Release review.
B
Release payment based only on the contractor's assurance where an owner wants final payment made before all release documents are matched to cleared checks, without comparing the claimant paperwork to the current payment.
C
Accept an informal payment memo where an owner wants final payment made before all release documents are matched to cleared checks, instead of using the correct release or insurance evidence.
D
Wait until final closeout to review claimant or insurance paperwork where an owner wants final payment made before all release documents are matched to cleared checks.

Why This Is the Correct Answer

Release documents should be reconciled to cleared payments before final payment controls are closed.

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