Substantial Completion Date
Description
How to fill out Certification Of Completion By Contractor?
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FAQ
Determining the substantial completion date involves assessing the progress of the construction project against the contract requirements. It is typically marked by a formal inspection by the owner and/or architect, confirming that the key elements of the project are operational. To ensure accuracy, it is important to document this date clearly, as it may impact warranties, insurance, and legal obligations.
The American Institute of Architects defines substantial completion as,?the stage in the progress of the Work when the Work or designated portion thereof is sufficiently complete in ance with the Contract Documents so that the Owner can occupy or utilize the Work for its intended use.?
Substantial completion denotes that the project is sufficiently complete for its intended use, allowing the owner to assume possession and begin occupying the premises. In contrast, final completion indicates that all work has been fully finished, including the resolution of any outstanding issues or deficiencies.
Tenant shall substantially complete or cause to be substantially completed the Tenant Improvements in a good and workmanlike manner, in ance with the TI Permit subject, in each case, to Minor Variations and normal ?punch list? items of a non-material nature which do not interfere with the use of the Premises (? ...
Substantial completion is the point in the project when the work is complete and being used for it's intended purpose. Substantial completion occurs once the commissioning team has fully tested the equipment and it is ready to be placed in service.
?Substantial completion? is the point in a construction project in which the contemplated premises have been completed to the point where the owner can move in and use the premises for their intended purposes. Not everything needs to have been completed for substantial completion to apply.
