Substantial Completion is when the project is usable for the intended purpose. Usually there will be a few things that are missing or that need to be fixed. It is normal to hold back enough money (often 5%) to cover the items to be completed.
Phase 7: End Of Project
The Punchlist is the list of items that need to be done in order for the project to be officially complete. We will create the punchlist, usually in coordination with the homeowner. We will make periodic reviews of work progress until the punchlist items are completed.
Amended Permit Drawings
Projects often have changes made to them during construction. In order to get a final sign-off from the Municipality, the building permit drawings may need to be amended to reflect the actual, built project.
Certificate of Occupancy
The last step with the Municipality is to get a Certificate of Occupancy issued by the Building Inspector. This means the Building Inspector makes a final inspection and signs off on the project. The building permit file will be officially "closed" and your house will be officially legalized for occupancy with teh issuance of a Certificate of Occupancy. Homeowners will need this Certificate of Occupancy in order to do additional work in the future and/or to sell their house.
Certification of Final Payment
As with all payment requests, we will review the General Contractors request for final payment. When all work is completed and the General Contractor provides affidavits that all the sub-contractors have been paid, then we will approve final payment.