Virtual Completion definition
Examples of Virtual Completion in a sentence
If at any time or times before Virtual Completion of the Work GMDC shall take possession of any part or parts of the same for handing over to the Finishing Contractor or other agency, then not withstanding anything expressed or implied elsewhere in this Contract.
The Virtual Completion factor (%) for FEFP payments shall not be less than 95% of the previous years completion rate.
The Contractor shall augment its manpower, plant and machinery without extra cost to the Owner whenever required or so directed by the Owner's Representative/Project Manager in order to conform to the approved construction programme for the achievement of milestones and Virtual Completion.
The construction programme shall clearly show all the sequential activities of work required to be carried out from the commencement of the Work up to the Virtual Completion.
The Project Manager and the Owner's Representative shall jointly conduct an extensive inspection just prior to the Virtual Completion of the Work and shall prepare a list of materials, equipment, and workmanship which are defective or damaged or of substandard quality or improperly executed or generally unacceptable due to not being in conformity with the requirements stipulated in the Contract Documents.