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Current as of January 02, 2025 | Updated by Findlaw Staff
(a) In a contract for $2,500 or more, the contracting officer must include the following requirements:
(1) The contractor must sign a formal release in full or a lien waiver before payment may be made.
(2) The contractor must notify the Director, Regional Office, of any subcontracts for services or materials in excess of $2,500. Each subcontractor must sign the release or waiver jointly with the prime contractor or exercise a release or waiver in the subcontractor's own name.
(b) The contracting officer must not pay the contractor unless the release or waiver accompanies the contractor's invoice.
(c) Before any authorized partial payment, the contractor must execute a release or waiver.
(d) Due to the variations of local law, no standard release or waiver is prescribed. Each release or waiver must be prepared in accordance with local law and must be in form acceptable to the District Counsel.
Cite this article: FindLaw.com - Code of Federal Regulations Title 48. Federal Acquisition Regulations System 48.871.106 Lien waivers - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-48-federal-acquisition-regulations-system/cfr-48-871-106/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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