Caring for MI Future: Facilities Improvement Fund is a grant program to distribute $50 million to new and expanding child care education providers across the State of Michigan in order to renovate and upgrade their child care facilities to accommodate additional child care slots, especially in geographic areas with limited providers.
Lien Waivers
IFF strongly recommends that all providers get lien waivers signed by their contractors for each project they undertake. Lien waivers are documents that are typically exchanged in construction projects and act like a receipt of payment. These waivers are common and best practice for all construction projects and provide you with important legal protection.
For more information about lien waivers and why they are important, you can watch this 5-minute video.
Here are waiver forms for your contractor to sign:
- Conditional Partial Payment (download here) For when future payments on a project are expected but a waiver is desired for specific progress or partial payment. These waivers are conditional on receipt of payment, and therefore invalid if payment is not ultimately made. Does not require contractor to have payment in hand to sign.
- Conditional Final Payment (download here) For when a project is paid in full or the final payment is issued. These waivers are conditional on receipt of payment, and therefore invalid if payment is not ultimately made. Does not require contractor to have payment in hand to sign.
- Unconditional Partial Payment (download here) For incremental or progress payments. These waivers are effective and enforceable the moment they are signed, regardless of whether payment is made. Most commonly used when contractor has received payment.
- Unconditional Final Payment (download here) For payment in full or final progress payment. These waivers are effective and enforceable the moment they are signed, regardless of whether payment is made. Most commonly used when contractor has received payment.
