Substantial Completion In Construction
Description
How to fill out Certification Of Completion By Contractor?
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FAQ
An example of substantial performance could be a commercial building that is largely complete and ready for occupancy, but still requires some minor touch-ups, like landscaping or interior finishing. This scenario illustrates substantial completion in construction, as the building can serve its intended purpose despite minor outstanding tasks. Being aware of this can help both contractors and owners manage expectations and responsibilities effectively.
When a certificate of substantial completion is issued and signed, it marks the point when the building, property, or final product can be used as intended, but minor work still remains. It serves as an official stamp indicating when the project is mostly?or substantially?completed.
For purposes of this Lease, "Substantial Completion" of the Improvements in the Premises shall occur upon the completion of construction of the Improvements in the Premises pursuant to the Approved Working Drawings, with the exception of any punch list items and any tenant fixtures, work-stations, built-in furniture, ...
Substantial completion is the stage when a construction project is deemed sufficiently completed to the point where the owner can use it for its intended purpose. This definition of substantial completion is based on the language in the American Institute of Architects form contract A-201: General Conditions.
Substantial completion is the stage when a construction project is deemed sufficiently completed to the point where the owner can use it for its intended purpose. This definition of substantial completion is based on the language in the American Institute of Architects form contract A-201: General Conditions.
If the project owner opts to issue a certificate of substantial completion or the contractor requests one, it is the responsibility of the architect on the project to inspect the site and issue the certificate. Once the certificate terms are agreed upon, the architect, contractor, and owner sign the certificate.
