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NASCLAProcurement and Contracting Requirementsmedium

When the reviewer opens the backup package, 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 154.

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

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 154.

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