Completion and Risk Clause Samples

The 'Completion and Risk' clause defines the point at which a project, work, or delivery is considered finished and specifies when the associated risks transfer from one party to another. Typically, this clause outlines the criteria for completion, such as inspection or certification, and states that risk of loss or damage passes to the client upon completion or handover. Its core function is to clearly allocate responsibility for the work or goods, ensuring both parties understand when obligations end and liability shifts, thereby reducing disputes over damage or loss after completion.