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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.
The list is usually made by the owner, architect or designer, or general contractor while they tour and visually inspect the project. In the United States construction industry, contract agreements are usually written to allow the owner to withhold (retain) the final payment to the general contractor as "retainage".
A punch list is a document that lists final work items remaining before a construction project is considered complete. All work that does not conform to the specifications in the construction contract should be included in the punch list.
Definition of punch list. : a list of usually minor tasks to be completed at the end of a project.
1. General Contractor: Create punch list items from the jobsite. When the general contractor starts a project, they should also start a punch list.
Most contracts define substantial completion as the date upon which the work is sufficiently complete so as to allow the owner to occupy and fully use the project for its intended purposes. Punch list items will not prevent substantial completion.
A punch listalso referred to as a snag list, a deficiency list, or a punch-out listis created near the end of a project. It outlines work that has not yet been done or that has been done incorrectly, down to the smallest detail, that will need to be rectified before the project can be considered complete.
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.
Final Punch List means the list of items and schedule for completion of the Project required to be completed by Contractor following the Substantial Completion Date.
According to the General Conditions (AIA A201 Section 9.8. 2), the Contractor prepares and submits to the architect a comprehensive list of items to be completed or corrected. This snag list, as generated by the Contractor, is known as the punch list.