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NASCLAProcurement and Contracting Requirementsmedium

For a progress-payment cutoff, which waiver is appropriate when payment has not yet cleared?

Correct Answer

A) Conditional lien waiver tied to receipt of payment

Conditional lien waiver tied to receipt of payment is the controlling requirement: the distractors are related-looking contract or field terms, but they do not match the cited requirement for review item 158.

Answer Options
A
Conditional lien waiver tied to receipt of payment
B
Make unconditional final release before payment the answer for lien waiver
C
Select bid addendum for lien waiver
D
Limit lien waiver to builder's risk policy

Why This Is the Correct Answer

Conditional lien waiver tied to receipt of payment is the controlling requirement: the distractors are related-looking contract or field terms, but they do not match the cited requirement for review item 158.

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