Colorado Subcontractor Conditional Lien Waiver and Release - Progress

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

This document serves as a conditional waiver and release of lien rights for subcontractors in the State of Colorado. It is specifically designed to address lien rights up to the date of a progress payment.

The form enables subcontractors to relinquish mechanics' lien, bond rights, or claims for payment against the owner's property for labor and materials up to the date specified in the Waiver and Release form.

Effectiveness of the Waiver

The waiver and release become effective only when the progress payment has successfully cleared the bank. This ensures that the subcontractor's rights are not relinquished until payment is verified.

Third-Party Payment Verification

Included within the form is a statement confirming that all third parties involved have either been paid or will be paid as a result of the progress payment. This provides additional assurance to the owner regarding the settlement of all outstanding claims.

Format and Availability

The document is available in Microsoft Word format, making it convenient for editing and customization to suit specific project requirements. It is a reusable form as well – pay once, use as often as you need to.

Jurisdiction

This document is intended exclusively for use within the State of Colorado. It may not be suitable for projects outside this jurisdiction, as lien laws differ from state to state.

Document Type: Microsoft Word
Last Updated: 05-October-2025
SKU: 5596
$6.50