Contract Completion definition

Contract Completion means the schedule Milestone when the Work is completed in accordance with the terms of the Contract Documents and Contractor has satisfied all of its other obligations under the Contract Documents, including but not limited to (1) all governmental authorities have given final, written approval of the Work, (2) a final unconditional certificate of occupancy has been granted and issued to the Owner by the appropriate governmental authorities, (3) the Contractor’s Work is 100 percent complete, and (4) all Punch List items have been completed or corrected, and (5) the Contractor has complied with conditions precedent to final payment and release of retained funds.

Contract Completion means the point in time when FW Project Manager confirms in writing that the contract has been completed as contracted for and the Contractor is released from any further obligations. All remaining payments due the Contractor shall be approved for payment at this time.

Contract Completion means when the entire Work, except those items arising from the provisions of GC10 - WARRANTY, has been performed to the requirements of the Contract Documents and is so certified by the TTC’s Representative.

Examples of Contract Completion in a sentence

• It is the Contractor's responsibility to submit a schedule that shows Substantial Completion of the Work by the Contract Time for Completion or the Contract Completion Date and any interim deadlines established by the Contract.

• The schedule shall show completion of the Project at the Contract Completion Date or before.

• DBEs Must Perform a Useful and Necessary Role in Contract Completion: A DBE does not perform a commercially useful function if the DBE’s role is limited to that of an extra participant in a transaction, contract, or project through which funds are passed in order to obtain the appearance of DBE participation.

• In some instances, the Time for Completion may be stated in the form of a Contract Completion Date based on a stipulated date of Notice to Proceed.

• Contractor agrees that the Owner may deduct from the contract price and retain as liquidated damages, and not as penalty or forfeiture, the sum stipulated in this contract for each work day after the Contract Completion Day on which work is not Substantially Complete.

• However, a change in the Time for Completion or the Contract Completion Date shall be accomplished only by Change Order.

• The Contractor may attempt to achieve Substantial Completion on or before the Time for Completion or the Contract Completion Date.

• The Contractor shall evaluate this information and update the latest accepted schedule as often as necessary to finish within the Contract Time for Completion or before the Contract Completion Date.

• If any elements of the Work are behind schedule, regardless of whether they may prevent the Work from being completed on time, the Contractor must indicate in writing in the report what measures he is taking and plans to take to bring each such element back on schedule and to ensure that the Time for Completion or Contract Completion Date is not exceeded.

• If the Contractor seeks to change the Time for Completion or the Contract Completion Date to reflect an earlier completion date, he may request or propose such a change.

More Definitions of Contract Completion

Contract Completion means when the entire Work has been performed to the requirements of the Contract Documents.

Contract Completion means the Contract Completion Date as mentioned in the Contract Completion Certificate issued by the Department’s Representative to the contractor on fulfillment of his obligations in respect of both the Design-Build and the Operation Service;

Contract Completion means the schedule Milestone, by which deficiencies listed in the Punch List are corrected, the Contractor's Work is 100 percent complete, and the Contractor has complied with conditions precedent to final payment and release of retained funds.

Contract Completion means the date of completion of the terms of a contract between a contractor and an eligible business.

Contract Completion a contract for the performance of any E&C -------- ---------- Services shall be deemed to have reached Contract Completion for purposes of this Agreement when (i) the applicable project or scope of work is 100% physically complete, and (ii) all work under the contract has been completed except for warranty work and, if applicable, the job site has been demobilized. With respect to any contract for the performance of any E&C Services that is a Continuing Services Agreement, any particular job order or work order under such E&C Contract shall be deemed to have reached Contract Completion for purposes of this Agreement when such job order meets the criteria set forth in (i) and (ii) above.