Before final payment, the contractor is asked for releases and closeout documents. Which item is commonly part of final-payment documentation?
Correct Answer
B) Final lien waivers or releases required by the contract
Final payment commonly requires contract closeout documents such as final lien waivers, releases, warranties, and record documents. Other choices are bid or rejected-proposal materials.
Why This Is the Correct Answer
Final payment commonly requires contract closeout documents such as final lien waivers, releases, warranties, and record documents. Other choices are bid or rejected-proposal materials.
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