Common use of Waiver of Claims; Final Payment Clause in Contracts

Waiver of Claims; Final Payment. The acceptance by the Contractor of the final payment and release of any retainage shall operate as and shall be a release to the Authority from all present and future claims or liabilities, of whatever kind or nature, arising under, relating to or in connection with the Work or the Project, or from any act or omission of the Authority relating to or connected with the Contract Documents, the Work or the Project, except those Claims or liabilities, if any, for which Contractor has prior to the making of final payment provided the Authority with written notice in accordance with this Section.