Virginia Certificate of Partial or Substantial Completion by Contractor
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
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Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
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FAQ
Substantial Completion vs. It will only occur once the remaining punch list items are completed, and all other stipulations of the construction contract have been met. Final completion occurs after the architect has verified the completion of the project. They will perform a final inspection to verify the work.
While the statutory definition of substantial completion varies from state to state, most agree that a project is substantially complete when it can be used for its intended purpose. A construction project need not be absolutely complete; however, any remaining work or defects must be relatively minor and unimportant.
A certificate of substantial completion includes a list of items remaining to be corrected or completed, as well as the timeline allotted for those items. A certificate of occupancy is issued by a local building inspector, and establishes that the building is safe to occupy and utilize.
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.?
While the statutory definition of substantial completion varies from state to state, most agree that a project is substantially complete when it can be used for its intended purpose. A construction project need not be absolutely complete; however, any remaining work or defects must be relatively minor and unimportant.
Once the power plant produces the guaranteed amount for a testing period, then the project has achieved substantial completion. Unlike conventional projects, substantial completion for such a power plant may not occur for months after construction is complete (mechanical completion).
