Certificate Of Substantial Completion Template

Certificate Of Substantial Completion Template
Certificate Of Substantial Completion Template from templatesforfree.net

Table of Contents

What is a Certificate of Substantial Completion?

A Certificate of Substantial Completion is a legal document issued by the project owner to the contractor stating that the project has reached a certain level of completion. It is usually issued when the project is deemed to be 90% complete. This document signifies that the contractor has completed the work according to the contract and that the owner can now take possession of the property or facility.

When is a Certificate of Substantial Completion Issued?

A Certificate of Substantial Completion is issued when the project is deemed to be 90% complete. This typically means that all the major work has been done, and only minor finishing touches are left. Once the owner takes possession of the property or facility, the contractor’s liability is reduced, and they are no longer responsible for any damage or defects that occur.

What is Included in a Certificate of Substantial Completion?

A Certificate of Substantial Completion typically includes the following information:

  • Name and address of the project owner
  • Name and address of the contractor
  • Description of the project, including location and scope of work
  • Date of substantial completion
  • List of work that still needs to be completed
  • List of warranties, guarantees, and maintenance requirements

Why is a Certificate of Substantial Completion Important?

A Certificate of Substantial Completion is an important document because it signifies that the project has reached a certain level of completion and that the owner can take possession of the property or facility. It also reduces the contractor’s liability and protects them from future claims or disputes.

What is a Certificate of Final Completion?

A Certificate of Final Completion is a document issued by the project owner to the contractor once the project is fully completed and all obligations have been fulfilled. This signifies that the contractor has completed the work according to the contract, and the owner has accepted the work.

How to Create a Certificate of Substantial Completion?

To create a Certificate of Substantial Completion, follow these steps:

  • Gather all the necessary information, including project details, completion date, and list of remaining work
  • Create a template or use a pre-made template
  • Enter all the required information into the template
  • Review and edit the document as necessary
  • Have the document reviewed and signed by both the owner and contractor

Certificate of Substantial Completion Template

Here is a sample Certificate of Substantial Completion template: Certificate of Substantial Completion Template

Conclusion

In conclusion, a Certificate of Substantial Completion is an important legal document that signifies that the project has reached a certain level of completion. It is issued when the project is 90% complete and reduces the contractor’s liability. To create a Certificate of Substantial Completion, gather all the necessary information, create a template, enter the information, and have it reviewed and signed by both the owner and contractor.