Conditional Waiver and Release (Upon Final Payment)

This is a Conditional Waiver and Release form associated with the William S. Hart Union High School District's Hazardous Waste Removal Services contract (Package HAZ2604A) in Santa Clarita, California. The document serves as a contractual requirement to be executed by the successful contractor upon receipt of final payment for hazardous waste removal services rendered across the District's 16 waste generator sites, including six junior high schools, seven high schools, and maintenance facilities. The form establishes the conditions under which the contractor releases all claims against the District related to the contract performance, contingent upon the contractor's receipt and acceptance of final payment. This waiver and release is a standard contractual protection mechanism requiring execution prior to final contract closeout and represents a condition precedent to the contractor's entitlement to final payment under the three-year initial contract term commencing July 1, 2026, with potential for two successive one-year renewals through June 30, 2029.

The conditional nature of this waiver ensures that the contractor acknowledges complete compensation for all services, labor, materials, and claims arising from contract performance before releasing any further claims against the District. This document is particularly relevant given the contract's classification as a public works project subject to prevailing wage requirements and California Department of Industrial Relations compliance, as well as the substantial bonding and insurance requirements mandated, including 100 percent Performance and Payment Bonds equal to the total contract price. The waiver protects the District's interests by obtaining a final release of liability while simultaneously protecting the contractor by conditioning the release only upon actual receipt of full final payment, thereby preventing disputes over unpaid invoices or outstanding compensation claims upon contract conclusion.