Approve Certificate of Substantial Completion
The Certificate of Substantial Completion (see Example 42, “Certificate of Substantial Completion,” repeated as Addendum 25) formally marks the transition to the final or “punch list” phase of the project. Substantial completion is an important milestone representing the point at which the project is made available to the owner with incomplete work items few enough to list. This milestone is often conditioned upon obtaining at least a provisional Certificate of Occupancy from the local building authorities and marks the limit for liquidated damages which might have been included in the contract.
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