Practical Completion Stage definition

Practical Completion Stage means that stage of the Works in which Practical Completion will be attained in accordance with this Contract.
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Practical Completion Stage means that stage of the Contract Work in which Practical Completion will be attained in accordance with this Contract.
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Practical Completion Stage. , for a regulated contract, means the stage when—
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Examples of Practical Completion Stage in a sentence

  • When the Contractor has satisfied all of its obligations under Condition 15 the Owner must immediately pay the Contractor the progress claim for the Practical Completion Stage (as adjusted under Condition 16, if applicable).

  • Liquidated damages may only be deducted by the Owner from the amount payable to the Contractor in respect of the Practical Completion Stage.

  • If the Owner’s entitlement to liquidated damages exceeds the amount payable to the Contractor for the Practical Completion Stage, the excess may be recovered by the Owner as a debt due to the Owner by the Contractor.

  • The Owner must insure the Works from the Date of Practical Completion Stage.

  • Except for the Practical Completion Stage, you must pay the amount claimed by the Contractor, or any part of it with which you agree, within 5 Business Days of receipt of this progress claim.

  • The Owner shall pay the Contractor in accordance with the payment arrangements set out in Schedule Item 7 and, for the Practical Completion Stage, Condition 15.

  • For the Practical Completion Stage, you must pay the Contractor immediately after the Contractor has satisfied Condition 28.3. Dispute of Progress Claim No.: (Condition 19 of the General Conditions of QBCC Level 2 Renovation, Extension and Repair Contract) NOTE TO CONTRACTOR: This blank form may be copied for multiple use and must accompany a QBCC Form 3.

  • The Date for Practical Completion Stage is deemed to be automatically extended for a period equivalent to the date the Contractor gives its notice of suspension until the date the Contractor recommences the Works on the Land.


More Definitions of Practical Completion Stage

Practical Completion Stage means that stage when the Works are complete in accordance with this Contract and all relevant statutory requirements (apart from minor omissions or minor defects), inspections have been satisfactorily completed and the Works are reasonably suitable for habitation.
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Related to Practical Completion Stage

  • Practical Completion means the completion of the Project where the building is fit for occupancy and/or purpose.

  • Construction Start Date means the later to occur of the date on which Seller delivers to Buyer (a) a copy of the Notice to Proceed that Seller has delivered to the EPC Contractor for the Project, and (b) a written Certification substantially in the form attached hereto as Appendix IV-1.

  • Date of Practical Completion means the date certified in the QBCC Form 7 - Certificate of Practical Completion in accordance with Condition 28.

  • Completion Statement has the meaning given to that term in the Co-ordination Agreement; Conditions has the meaning given to that term in the Co-ordination Agreement;

  • Final Completion means acceptance of the Work by the County as evidenced by its signature upon Final Certificate of Completion and approval thereof by the Board of County Commissioners. The Final Certificate of Completion shall be signed only after the County has assured itself by tests, inspection or otherwise that all of the provisions of the Contract have been carried out to its satisfaction.