A subcontractor has not yet received the current progress payment. Which waiver form best matches the situation?
Correct Answer
D) A conditional waiver tied to receipt of payment.
A conditional waiver avoids releasing lien rights until payment is received.
Why This Is the Correct Answer
A conditional waiver avoids releasing lien rights until payment is received.
Why the Other Options Are Wrong
Option A: Classify it as an unconditional final waiver
Choice A gives An unconditional final waiver. Its specific error: it removes the controlling Conditional waiver with progress pay requirement instead of meeting it.
Option B: Classify it as a bid bond
Choice B (A bid bond) is rejected because it names a financial document or payment mechanism, not the Conditional waiver with progress pay action/result stated by A conditional waiver tied to receipt of payment.
Option C: Classify it as a substitution request
In procurement and contracting, A substitution request is the wrong selection for Conditional waiver with progress pay: the choice would not get the project to A conditional waiver tied to receipt of payment.
Memory Technique
Remember conditional waiver with progress pay by its jobsite consequence: the correct move points to A conditional waiver tied to receipt of payment.
Reference Hint
Open NASCLA Contractors Guide to Business, Law and Project Management, 14th Ed.; use the index entry or section for "Progress-payment lien waivers" to confirm that A conditional waiver avoids releasing lien rights until payment is received.
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