Punch List and Final Acceptance. The Work shall be finally accepted when, and only when, the whole and all parts thereof shall have been completed to the satisfaction of Owner in full compliance with, and as required by or pursuant to, this Contract. Upon receipt of Contractor’s Notice of Completion, Owner shall make a review of the Work and notify Contractor in writing of all Punch List Work, if any, to be completed or corrected. Following Contractor’s completion or correction of all Punch List Work, Owner shall make another review of the Work and prepare and deliver to Contractor either a written notice of additional Punch List Work to be completed or corrected or a written notice of final acceptance of the Work (“Final Acceptance”).
Punch List and Final Acceptance. Within two (2) business days after the Authority receives notice from the Contractor of the date it expects to achieve substantial completion of the Project (but not less than ten (10) business days prior to such date), the Authority shall provide TxDOT with written notification of such date. After such notice, TxDOT and the Authority shall meet and confer and exchange information on a regular basis regarding the TxDOT Improvements with the goal being TxDOT’s and the Authority’s orderly and timely inspection and review of such work for substantial compliance of the TxDOT Improvements with the plans, standards and specifications in the Contract and identification of patent defects, and for the joint preparation of a written punch list for the TxDOT Improvements with which both parties concur. The Authority shall cause punch list items for the TxDOT Improvements, including patent defects identified by the Parties, to be diligently completed following substantial completion of the Project. Upon completion of the punch list work, TxDOT shall issue and sign a notification of completion acknowledging that the TxDOT Improvements are complete and the Authority may issue a notification of final acceptance to the Contractor. Upon final acceptance of the Project, the Authority will provide a copy of the notification of final acceptance to TxDOT.
