Common use of FINAL COMPLETION AND FINAL PAYMENT Clause in Contracts

FINAL COMPLETION AND FINAL PAYMENT. § 12.6.1 Upon receipt of a final Application for Payment, the Architect will inspect the Work. The Architect will promptly make such inspection and, when the Architect finds the Work acceptable under the Contract Documents and the Contract fully performed, the Architect will promptly issue a final Certificate for Payment stating that to the best of the Architect’s knowledge, information and belief, and on the basis of the Architect’s on-site visits and inspections, the Work has been completed in accordance with terms and conditions of the Contract Documents and that the entire balance found to be due the Contractor and noted in the final Certificate is due and payable. The Architect’s final Certificate for Payment will constitute a further representation that conditions listed in this Agreement as precedent to the Contractor’s being entitled to final payment have been fulfilled. Final Completion and Final Payment are subject to completion of all notices of retention release and notices/certificates of completion and related processes. Final Completion and Payment also cannot be issued unless: .1 No items or work remains relative to the testing, adjusting and balancing of any equipment and systems, and any building commissioning verifications after Substantial Completion are complete; .2 All operating and maintenance instructions, documents and training have been completed and submitted to the Architect and Owner and have been approved as complete by the Architect and Owner; .3 All guarantees, warranties and surety releases required by the Contract Documents have been provided; .4 As-Built in digital and hard copy format have been submitted to Architect and Owner and are accepted as complete and;

Appears in 9 contracts

Samples: Standard Form of Agreement Between Owner and Contractor for a Residential or Small Commercial Project, Standard Form of Agreement Between Owner and Contractor for a Residential or Small Commercial Project, Standard Form of Agreement Between Owner and Contractor for a Residential or Small Commercial Project

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FINAL COMPLETION AND FINAL PAYMENT. § 12.6.1 Upon receipt of a final Application for Payment, the Architect will inspect the Work. The Architect will promptly make such inspection and, when the Architect finds the Work acceptable under the Contract Documents and the Contract fully performed, the Architect will promptly issue a final Certificate for Payment stating that to the best of the Architect’s knowledge, information and belief, and on the basis of the Architect’s on-site visits and inspections, the Work has been completed in accordance with terms and conditions of the Contract Documents and that the entire balance found to be due the Contractor and noted in the final Certificate is due and payable. The Architect’s final Certificate for Payment will constitute a further representation that conditions listed in this Agreement as precedent to the Contractor’s being entitled to final payment have been fulfilled. Final Completion and Final Payment are subject to completion of all notices of retention release and notices/certificates of completion and related processes. Final Completion and Payment also cannot be issued unless:this .1 No items or work remains relative to the testing, adjusting and balancing of any equipment and systems, and any building commissioning verifications after Substantial Completion are complete; .2 All operating and maintenance instructions, documents and training have been completed and submitted to the Architect and Owner and have been approved as complete by the Architect and Owner; .3 All guarantees, warranties and surety releases required by the Contract Documents have been provided; .4 As-Built in digital and hard copy format have been submitted to Architect and Owner and are accepted as complete and;

Appears in 1 contract

Samples: Standard Form of Agreement Between Owner and Contractor for a Residential or Small Commercial Project

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FINAL COMPLETION AND FINAL PAYMENT. § 12.6.1 Upon receipt of a final Application for Payment, the Architect will inspect the Work. The Architect will promptly make such inspection and, when the Architect finds the Work acceptable under the Contract Documents and the Contract fully performed, the Architect will promptly issue a final Certificate for Payment stating that to the best of the Architect’s knowledge, information and belief, and on the basis of the Architect’s on-site visits and inspections, the Work has been completed in accordance with terms and conditions of the Contract Documents and that the entire balance found to be due the Contractor and noted in the final Certificate is due and payable. The Architect’s final Certificate for Payment will constitute a further representation that conditions listed in this Agreement as precedent to the Contractor’s being entitled to final payment have been fulfilled. Final Completion and Final Payment are subject to completion of all notices of retention release and notices/certificates of completion and related processes. Final Completion and Payment also cannot be issued unless: .1 No items or work remains relative to the testing, adjusting and balancing of any equipment and systems, and any building commissioning verifications after Substantial Completion are complete; .2 All operating and maintenance instructions, documents and training have been completed and submitted to the Architect and Owner and have been approved as complete by the Architect and Owner; .3 All guarantees, warranties and surety releases required by the Contract Documents have been provided; .4 As-Built in digital and hard copy format have been submitted to Architect and Owner and are accepted as complete and;

Appears in 1 contract

Samples: Standard Form of Agreement Between Owner and Contractor for a Residential or Small Commercial Project

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