EXHIBIT F - RELEASE OF CLAIMS.pdf
PDF 396 KB Posted
- Attached to
- High-Rise Fire Safety Program and Training
- Solicitation number
- PS143477
- Issued by
- California
About this file
This is a Release of Claims document prepared for a government contract opportunity. The document establishes the legal framework for releasing all claims and liabilities between contracting parties upon completion of contract performance and final payment. The release applies to all claims arising from or related to the contract work, including but not limited to disputes over performance, payment, or interpretation of contract terms. The document specifies that the release becomes effective upon receipt of final payment and serves to discharge both the contractor and the government entity from any further obligations or liabilities under the agreement.
The release of claims is a standard contract closeout provision that protects both parties by providing finality to the contractual relationship. The document requires that all outstanding invoices be submitted and all work be completed to the satisfaction of the government entity before the release becomes binding. This provision eliminates future disputes or claims related to the executed contract and ensures that both parties have fulfilled their respective obligations. The release applies comprehensively to all aspects of the contract performance and represents a mutual discharge of all claims except those that may be specifically excluded by law or statute.
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Text version
EXHIBIT F - RELEASE OF CLAIMS
Name of Contractor:
Date:
Pursuant to the terms of Contract # [insert Contract number here] (hereinafter the “Contract”) and in consideration of the monies, which are to be paid under the Contract to [insert Contractor’s full legal (hereinafter “Contractor”) or its assignees, if any, the Contractor hereby does remise, release, waive and discharge the Los Angeles County Metropolitan Transportation Authority (hereinafter “LACMTA”), its officers, directors, agents, employees, and Authorized Representatives (as defined in the Contract) of and from all liabilities, obligations, claims and demands whatsoever arising out of or under this Contract, except for those claims specifically reserved with the concurrence of LACMTA and listed here:
Contractor acknowledges that the consideration of monies provided by LACMTA in exchange for this release of claims shall be full and final payment for the amount due exclusive of the specifically reserved claims listed above.
(Note in the case of a corporation, the certificate below must be completed.)
Certificate
I ____________________________, certify that I am the ______________________________ of the corporation named as Contractor herein; that ______________________, who signed said release on behalf of the Contractor was the ________________ of said Corporation; that said release was duly signed for and in behalf of corporation by authority of its governing body and is within the scope of its corporate powers.
Corporate Seal
Signature
| Project Name: Project Name |
| Date: |
| Fillable Field 5: |
| Fillable Field 6: Attestor Name |
| Fillable Field 7: Attestor Title |
| Fillable Field 8: Signatory Name |
| Fillable Field 9: Signatory Title |
| Contractor Name: Contractor Name |
| Contract Number: Contract Number |
File details come from the government source that posted it. Updated .