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Each punch list item should have its own name, location, and deadline. Not all items on the list will be urgent, so it's important to mark priority items. Punch lists are created by managers but used by all members of the team. They're also useful for communicating with stakeholders.
Items on a punch list typically include minor corrections, alterations, or repairs that are required before the release of final payment. Understanding punch lists is important for ensuring work is completed to specification ? as well as getting paid for that work.
What to Expect from Your Punch List Process. Builders attempt to make every repair and touch-up before the closing for two reasons. It's easier for both builders and homeowners to complete the punch list before they move into their new house. Builders want to deliver a clean and finished product to our customers.
Most often, the items are minor issues, like scratches and markings on walls and floors from construction, but it may also include items that were done incorrectly and require rework. Punch lists may even include brand new items that were not included in the original project specifications.