EXHIBIT F - RELEASE OF CLAIMS.pdf

PDF 396 KB Posted

Attached to
Train Control Infrastructure Predictive Analytics System
Solicitation number
OP143067
Issued by
California

About this file

This document is a Release of Claims form used by the Los Angeles County Metropolitan Transportation Authority (LACMTA) as part of contract execution procedures. The form serves as a legal instrument through which contractors acknowledge receipt of final payment and release LACMTA, its officers, directors, agents, and employees from all liabilities, obligations, claims, and demands arising from the contract. The release is contingent upon payment of monies owed under the contract and permits contractors to reserve specific claims with LACMTA's concurrence, which must be listed explicitly on the form. The document includes space for contractor identification, contract number reference, and the date of execution.

The form requires certification by an authorized corporate officer when executed by a corporation, with designated signature lines for attestors and signatories along with their respective titles. The payment consideration provided by LACMTA is deemed full and final settlement for all amounts due under the contract, excluding only those reserved claims that have been mutually acknowledged. This document functions as a standard closeout requirement, ensuring that upon final payment, contractors waive further claims against LACMTA related to contract performance or disputes, thereby providing legal closure to the contractual relationship.

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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 .