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Contractor Waiver And Release Form

Contractor Waiver And Release Form Template for United Arab Emirates

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Key Requirements PROMPT example:

Contractor Waiver And Release Form

"I need a Contractor Waiver and Release Form for a Dubai-based construction project, where my company is the main contractor releasing all claims against the project owner upon receipt of final payment of AED 2.5M, with the project completion date set for March 15, 2025."

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Document background
The Contractor Waiver And Release Form is a critical document in the UAE construction and development landscape, used to formally document the release of claims and rights by a contractor. It serves as a risk management tool and provides clarity on the status of payments and obligations between parties. This document is typically required at various project milestones, such as progress payments or project completion, and is particularly important in the UAE's civil law system where explicit written agreements carry significant weight. The form must comply with UAE Federal Laws and local emirate regulations, making it essential for proper project closure and payment processing. It can be used for both progress payments (partial release) or final payments (full release), and often includes confirmation of payment to subcontractors to protect against potential downstream claims.
Suggested Sections

1. Parties: Identification of the parties: the Contractor releasing claims and the Party being released (typically the Project Owner/Employer)

2. Background: Brief description of the project, contract reference, and context for the waiver

3. Definitions: Key terms used in the waiver including 'Claims', 'Project', 'Contract', 'Release Date'

4. Scope of Release: Detailed description of what claims, rights, and obligations are being waived and released

5. Payment Acknowledgment: Confirmation of payments received and any outstanding amounts included in the release

6. Representations and Warranties: Contractor's confirmation of authority to give the release and that no claims have been assigned

7. Exceptions: Any specific claims or rights explicitly excluded from the waiver

8. Governing Law and Jurisdiction: Specification of UAE law as governing law and relevant courts' jurisdiction

9. Execution: Signature blocks and execution requirements

Optional Sections

1. Retention Release: Used when the waiver includes release of retention monies - specific to final waivers

2. Subcontractor Confirmation: Used when confirmation of payment to subcontractors is required

3. Conditional Release Provisions: Used when the release is conditional upon certain events or payments

4. Future Claims Waiver: Used for broad releases including unknown future claims - requires specific legal consideration under UAE law

5. Indemnification: Used when additional indemnification from the contractor is required

6. Confidentiality: Used when the terms of the settlement or release need to remain confidential

Suggested Schedules

1. Schedule 1 - Project Details: Detailed description of the project and contract reference numbers

2. Schedule 2 - Payment Summary: Breakdown of payments received and any final payments covered by the release

3. Schedule 3 - Outstanding Claims List: List of any specific claims being released (if applicable)

4. Appendix A - Supporting Documents: Copies of relevant certificates, payment receipts, or other supporting documentation

5. Appendix B - Form of Subcontractor Confirmation: Template for subcontractor confirmations if required

Authors

Alex Denne

Head of Growth (Open Source Law) @ ºÚÁÏÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions





















Clauses























Relevant Industries

Construction

Real Estate Development

Infrastructure

Oil & Gas

Energy

Manufacturing

Telecommunications

Technology Services

Facilities Management

Industrial Development

Commercial Development

Hospitality

Relevant Teams

Legal

Commercial

Operations

Finance

Procurement

Project Management

Contract Administration

Risk Management

Claims

Construction Management

Relevant Roles

Project Manager

Construction Manager

Contract Administrator

Legal Counsel

Commercial Director

Procurement Manager

Finance Director

Operations Manager

Site Manager

Quantity Surveyor

Claims Manager

Risk Manager

Development Director

Project Control Manager

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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