Completion of Works definition

Completion of Works means successful completion of all Works including Performance Tests and of ‘Tests Before Taking Over’ and issuance of Final Taking Over Certificate/completion certificate by the Owner/Project Manager.

Completion of Works means the completion of the assignment in all respect in accordance with the contract.

Completion of Works on the investment project means the effective date of an occupancy permit for the last building or the issuance of a permit by a building authority to put the building or technology that is part of the eligible investment costs into permanent operation, or the payment of the last invoice for the acquired tangible fixed assets or intangible fixed assets, if the eligible investment costs do not include the costs of the building or technology the use of which is conditional upon the issuance of an occupancy permit or a permit to put the building or technology into permanent operation;

Examples of Completion of Works in a sentence

• Any action under Clause 47 “Liquidated Damages for Delay” or Payment of Bonus for Early Completion of Works (PCC Sub-Clause 47.3).

• Prior to the Issue of an Occupation Certificate Infrastructure Repair and Completion of Works G1.

• The timescale given for the Completion of Works has been based on the optimum use of labour-based construction.

• Sectional Completion of Works If sectional completion is specified in the Special Conditions of Contract (SCC), references in the Conditions of Contract to the Works, the Completion Date, and the Intended Completion Date shall apply to any Section of the Works (other than references to the Completion Date and Intended Completion Date for the whole of the Works).

• Conditions of Contract 11.1.2. Exclusion of Price Adjustment for Late Completion of Works In the event of the Contractor failing to complete the Works within the Time of Completion as defined under Clause 7, or extension of the Contract period granted, the provisions of Clause 11 shall cease to apply.

• CONTRACT PRICE AND PAYMENT 2311.1. Valuation of the Works 2311.1.1. Price Adjustment 2311.1.2. Exclusion of Price Adjustment for Late Completion of Works 2411.1.3. Dayworks 2411.2. Interim Payments 2411.2.1. Advance Payment 2511.2.2. Deductions for Re-payment of Advance Payment 2511.2.3. The Minimum Amount of Interim Payment.

• Two copies shall be submitted to the Engineers Representative prior to the commencement of the Tests on Completion of Works.

• VARIATIONS AND CLAIMS 2410.2 Permitted Variations 2411 CONTRACT PRICE AND PAYMENT 2411.1. Valuation of the Works 2411.1.1. Price Adjustment 2411.1.2. Exclusion of Price Adjustment for Late Completion of Works 2511.1.3. Dayworks 2611.2. Interim Payments 2611.2.1. Advance Payment 2611.2.2. Deductions for Re-payment of Advance Payment 2611.2.3. The Minimum Amount of Interim Payment.

• VARIATIONS AND CLAIMS 2410.2 PERMITTED VARIATIONS 2411 CONTRACT PRICE AND PAYMENT 2411.1. VALUATION OF THE WORKS 2411.1.1. Price Adjustment 2411.1.2. Exclusion of Price Adjustment for Late Completion of Works 2511.1.3. Dayworks 2611.2. INTERIM PAYMENTS 2611.2.1. Advance Payment 2611.2.2. Deductions for Re-payment of Advance Payment 2611.2.3. The Minimum Amount of Interim Payment.

• Completion of Works 18.1 The Contractor shall complete the Works within the number of days stated in the SCC from the date of commencing the Works on the Site.