Common use of Notice of Completion Clause in Contracts

Notice of Completion. A Notice of Completion will not: constitute approval of the Contractor's Activities, the Works or the Stage, nor will it be taken as an admission or evidence that the Contractor's Activities, the Works or the Stage have or has been satisfactorily carried out in accordance with the Contract; constitute an admission or evidence that the Contractor's Activities, the Works or the Stage comply or complies with the Contract; otherwise, constitute any approval, admission or evidence by the Commonwealth or the Contract Administrator of the Contractor's performance or compliance with the Contract; or prejudice any rights or remedies of the Commonwealth or Contract Administrator under the Contract or otherwise at law or in equity. If the Date of Completion of the Works or a Stage has not occurred by the Date for Completion for the Works or the Stage, the Contractor must pay liquidated damages at the rate specified in the Contract Particulars for every day after the Date for Completion until the Date of Completion or the Contract is terminated, whichever is first. This amount is an agreed genuine pre-estimate of the Commonwealth's damages if the Date of Completion does not occur by the Date for Completion. The amount payable under clause 13.7 will be a debt due from the Contractor to the Commonwealth.