Completion and Final Acceptance Sample Clauses

The 'Completion and Final Acceptance' clause defines the process by which a project or deliverable is formally recognized as finished and meets all contractual requirements. Typically, this clause outlines the criteria for completion, the procedures for inspection or testing, and the steps for the client to confirm acceptance, such as issuing a certificate or written notice. Its core function is to provide a clear, mutual understanding of when obligations are fulfilled, thereby reducing disputes over project status and triggering final payments or warranty periods.
Completion and Final Acceptance. Section 1. The PROCURING ENTITY shall issue to the CONTRACTOR a Certificate of Completion upon satisfactory completion of the PROJECT. Section 2. The defects liability period for this PROJECT shall be one year from PROJECT completion up to final acceptance by the PROCURING ENTITY. During this period, the CONTRACTOR shall undertake the repair works, at his own expense, of any damage to the infrastructure projects on account of the use of materials of inferior quality within ninety (90) days from the time the head of the procuring entity has issued an order to undertake the repair. In case of failure or refusal to comply with this mandate, the PROCURING ENTITY shall undertake such repair works and the Guarantee Bond shall be forfeited in favor of the PROCURING ENTITY. If the Guarantee Bond is insufficient to cover the cost of repairs, the difference shall be paid by the CONTRACTOR to the PROCURING ENTITY within ten (10) days from its receipt of the Notice to Pay with a penalty interest of 1.5% per month, compounded monthly reckoned from the date of its receipt of the Notice to Pay, until full payment. Section 3. Before issuance of the Certificate of Completion, the CONTRACTOR must submit a sworn statement that all materials, bills, wages for labor employed, payroll, and other indebtedness and obligations for the PROJECT as well as taxes and fees due from it have been fully and duly paid. Any claim submitted to the PROCURING ENTITY at any time by any party arising from this Contract shall be a sufficient reason for the PROCURING ENTITY to withhold any payment due to the CONTRACTOR. Section 4. The issuance of a Certificate of Final Acceptance by the PROCURING ENTITY shall not relieve the CONTRACTOR of any liability for any defect in the work or from Article 1723 of the New Civil Code. Section 5. No payments made by the PROCURING ENTITY shall be construed as a waiver of any claim for defects in the work, materials, or breach of obligations under this Contract.
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Related to Completion and Final Acceptance

  • Final Acceptance All Work has been completed and accepted by the County. The Contractor has provided all required close-out documentation and items as required by the Detailed Scope of Work for the specific Job Order, and these items and have accepted and approved by the County

  • FINAL COMPLETION AND FINAL PAYMENT 9.9.1 Upon receipt of written notice that the Work is ready for final inspection and acceptance and upon receipt of a final Application for Payment, the Architect will promptly make such 9.9.2 Neither the final payment nor the remaining retained percentage shall become due until the Contractor submits to the Architect (1) an affidavit that all payrolls, bills for materials and equipment, and other indebtedness connected with the Work for which the State or its property might in any way be responsible, have been paid or otherwise satisfied; (2) consent of surety, if any, to final payment; (3) Other data establishing payment or satisfaction of all such obligations, including, but not limited to, receipts, releases, or other supporting documentation. and (4) final waivers of liens arising out of the Contract, to the extent and in such form as may be designated by the State. If any Subcontractor refuses to furnish a release or waiver required by the State, the Contractor may furnish a bond satisfactory to the State to indemnify him against any such lien. If any such lien remains unsatisfied after all payments are made, the Contractor shall refund to the State all moneys that the latter may be compelled to pay in discharging such lien, including all costs and reasonable attorneys' fees. 9.9.3 If, after Substantial Completion of the Work, final completion thereof is materially delayed through no fault of the Contractor or by the issuance of Change Orders affecting final completion, and the Architect so confirms, the State shall, upon application by the Contractor and certification by the Architect, and without terminating the Contract, make payment of the balance due for that portion of the Work fully completed and accepted. If the remaining balance for Work not fully completed or corrected is less than the retainage stipulated in the Contract Documents, and if bonds have been furnished as required by the Contract Documents, the written consent of the surety to the payment of the balance due for that portion of the Work fully completed and accepted shall be submitted by the Contractor to the Architect prior to certification of such payment. Such payment shall be made under the terms and conditions governing final payment, except that it shall not constitute a waiver of claims. 9.9.4 The making of final payment shall constitute a waiver of all claims by the State except those arising from: (a) unsettled liens, (b) faulty or defective Work appearing after Substantial Completion, (c) failure of the Work to comply with the requirements of the Contract Documents, or (d) terms of any special warranties required by the Contract Documents. 9.9.5 The acceptance of final payment shall constitute a waiver of all claims by the Contractor except those previously made in writing and identified by the Contractor as unsettled at the time of the final Application for Payment.

  • ACCEPTANCE AND FINAL PAYMENT Upon written notice to the Owner

  • Commercial Operation Date Testing and Modifications Prior to the Commercial Operation Date, the Connecting Transmission Owner shall test the Connecting Transmission Owner’s Attachment Facilities (including required control technologies and protection systems) and System Upgrade Facilities and System Deliverability Upgrades and Developer shall test the Large Generating Facility and the Developer’s Attachment Facilities to ensure their safe and reliable operation. Similar testing may be required after initial operation. Developer and Connecting Transmission Owner shall each make any modifications to its facilities that are found to be necessary as a result of such testing. Developer shall bear the cost of all such testing and modifications. Developer shall generate test energy at the Large Generating Facility only if it has arranged for the injection of such test energy in accordance with NYISO procedures.

  • Post-Commercial Operation Date Testing and Modifications Developer and Connecting Transmission Owner shall each at its own expense perform routine inspection and testing of its facilities and equipment in accordance with Good Utility Practice and Applicable Reliability Standards as may be necessary to ensure the continued interconnection of the Large Generating Facility with the New York State Transmission System in a safe and reliable manner. Developer and Connecting Transmission Owner shall each have the right, upon advance written notice, to require reasonable additional testing of the other Party’s facilities, at the requesting Party’s expense, as may be in accordance with Good Utility Practice.