Contractors are often asked to sign waiver paperwork before money clears. The safer operational workflow is to match the waiver type to the actual payment status, preserve invoice proof, and avoid final unconditional paperwork while change orders, retainage, or extras are still unpaid.
Before signing, check
- Which invoice or payment application the waiver covers
- Whether payment has cleared or is still pending
- Whether the waiver is conditional or unconditional
- Whether retainage, holdback, or change orders remain unpaid
- Whether the project requires a statutory form