⚡ ToolsVault Commercial Subcontractor Operations OS

Official Notion Workspace & Statutory Compliance Suite
Prepared by ToolsVault Commercial Network • John Granbridge • toolsvault78@gmail.com

Access your complete master project tracking, AIA G702/G703 billing schedule, and COI tracker in Notion:

I. 50-State Statutory Lien Waiver Clauses

Waiver Type	When to Execute	Statutory Risk Protection
Conditional Progress	Submitted with Pay Application	Protects contractor until check clears lender bank.
Unconditional Progress	Executed after payment is in bank	Waives claims strictly through stated cutoff date.
Conditional Final	Submitted with Final Draw / Retainage	Retains retainage rights until final check clears.
Unconditional Final	Executed upon 100% closeout	Releases all mechanics liens and payment bond claims.

Column C (Work Completed from Previous Applications) must reconcile penny-for-penny with prior certificate.
Retainage (typically 5%–10%) is held strictly on Line 5a/5b and released upon Certificate of Substantial Completion.