Contract Completion definition

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 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 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

  • Five percent (5%) of the bid amount shall be retained by the City for the SBE requirements until said requirements are fulfilled and verified within six (6) months of the Contract completion date pursuant to Section 18-89 of the City Code.

  • Sealed bids are invited from the eligible contractors in single stage two part bid for the following works as detailed below: Contract completion time : Six months.

  • Failure to comply with the SBE requirements within six (6) months of Contract completion shall result in the forfeiture of the retained amount to the City.

  • Float time is not for the exclusive use or benefit of either Owner or Contractor, but is a jointly owned, expiring Project resource available to both parties as needed to meet schedule milestones and Contract completion date.

  • Five percent (5%) of the bid amount shall be retained by the City for the local requirements until said requirements are fulfilled and verified by the City Manager, or authorized designee as being fulfilled within three (3) months of Contract completion.

  • Contract completion date shall not be changed by submission of a schedule that shows an early completion date, unless specifically authorized by Change Order.


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 on which the Operation Service has been completed
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.

Related to Contract Completion

  • Construction Completion Date means five (5) years from the date of this Agreement unless otherwise specified in writing by the Manager, Urban Development;

  • Final Completion means the date determined and certified by A/E and Owner on which the Work is fully and satisfactorily complete in accordance with the Contract.

  • Commissioning means the process for determining the need for and for obtaining the supply of healthcare and related services by the Trust within available resources.

  • Improvement completion assurance means a surety bond, letter of credit,

  • Mechanical Completion means that (a) all components and systems of the Project have been properly constructed, installed and functionally tested according to EPC Contract requirements in a safe and prudent manner that does not void any equipment or system warranties or violate any permits, approvals or Laws; (b) the Project is ready for testing and commissioning, as applicable; (c) Seller has provided written acceptance to the EPC Contractor of mechanical completion as that term is specifically defined in the EPC Contract.

  • Substantial Completion means the stage in the progress of the work as determined and certified by the Contracting Officer in writing to the Contractor, on which the work (or a portion designated by the Government) is sufficiently complete and satisfactory. Substantial completion means that the property may be occupied or used for the purpose for which it is intended, and only minor items such as touch-up, adjustments, and minor replacements or installations remain to be completed or corrected which:

  • Tests on Completion means the tests which are specified in the Contract or agreed by both Parties or instructed as a Variation, and which are carried out under Clause 9 [Tests on Completion] before the Works or a Section (as the case may be) are taken over by the Procuring Entity.

  • Completion Date means the date of completion of the Services by the Service Provider as certified by the Procuring Entity

  • Virtual Completion means the premise is in the opinion of the Employer fit for occupation.

  • Construction Work means all necessary action for the development, construction, renovation, furnishing, equipping and implementation of the Plans and Designs for the Hotel.

  • The Completion Date means the date of completion of the Works as certified by the Employer’s Representative.