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A punch list (also called a snag list, deficiency list, or punch out list), according to the online Business Dictionary, is a document listing work that does not conform to contract specifications, usually attached to a certificate of substantial completion. Put simply, it is a list of to-do's that need to be
A punch list is a document prepared during key milestones or near the end of a construction project listing work that does not conform to contract specifications that the general contractor must complete prior to final payment.
A punch list is part of the project closeout portion of the construction process in which a contractor prepares a document that lists any work that has not been completed, or not been completed correctly.
In regards to construction today, the Business Dictionary defines a punch list as, Listing of items requiring immediate attention and as a Document listing work that does not conform to contract specifications, usually attached to the certificate of substantial completion.
Q From Ellen Smithee: A comment in the February issue of Angie's List Monthly says that the term punch list gets its name from a period when contractors would punch a hole next to each completed item on a project list. The hole would go through two sheets, creating a copy for the customer.
Seven Things to Never Say to a ContractorNever Tell a Contractor They are the Only One Bidding on the Job.Don't Tell a Contractor Your Budget.Never Ask a Contractor for a Discount if You Pay Upfront.Don't Tell a Contractor That You Aren't in A Hurry.Do Not Let a Contractor Choose the Materials.More items...
It describes all incorrect installations, damage, and any faulty finishes. The contractor must ensure all the issues are resolved before they can receive payment. Punch lists are usually written into the contract itself, so the contractor and subcontractors will be bound to meet the requirements in the list.
What should be included in a Contractor Agreement?Statement of Relationship.Project Description.Payment and Billing Terms.Responsibilities of Each Party.Project Timeline and Deadlines.Termination Conditions.Nondisclosure Terms, and Confidentiality and Non-Compete Clauses.
A punch list, also called 'snag list' is essentially a to-do list for the builder or contractor to complete within a certain amount of time. It's usually prepared towards the end of a construction project and documents all the work that doesn't conform to the contract provisions.
A punch list is part of the project closeout portion of the construction process in which a contractor prepares a document that lists any work that has not been completed, or not been completed correctly.