Common use of Joint Inspection for Physical Completion Clause in Contracts

Joint Inspection for Physical Completion. The joint inspection for physical completion will be made by the Engineer accompanied by the Contractor and the representatives from the Authority to verify completion of the exception items listed in the final inspection list. The verification of the completeness of all the exception items will enable the “Acceptance” by the Chief Engineer. The purpose of having the “Acceptance Date” is to establish and record a date when all physical work of a contract is completed in accordance with contract requirements and to provide for the date of commencement of any guarantee period and a firm date in the consideration of the liquidated damages. For non-federal aid projects, upon final acceptance, seventy percent (70%) of the withheld retainage may be released.”