Colorado Subcontractor Conditional Lien Waiver and Release on Progress Payment

Waive your lien rights up to the date of a progress payment with this Colorado Subcontractor Conditional Lien Waiver and Release on Progress Payment.

• The subcontractor releases any mechanics' lien, bond right or claim for payment which the subcontractor may have against the owner's property for labor and materials supplied only up to the date of the progress payment.
• The document only becomes effective when the payment clears the bank.
• The form contains a statement verifying that all third parties have been or will be paid.
• Available in MS Word format.
• Intended to be used only in the State of Colorado.