Common use of FINAL COMPLETION, FINAL PAYMENT AND RELEASE OF RETENTION Clause in Contracts

FINAL COMPLETION, FINAL PAYMENT AND RELEASE OF RETENTION. 9.8.1 Upon receipt of notice from Contractor that the Work is ready for final inspection, Owner’s Representative will make such inspection. Final Completion shall be when Owner’s Representative determines that the Work is fully completed and in accordance with the Contract Documents, including without limitation, satisfaction of all "punch list" items, and determines that a Certificate of Occupancy has been issued by the Owner’s Building Official. The City will file a Notice of Completion within 15 days after Final Completion. After receipt of the final Application for Payment, if Owner’s Representative determines that Final Completion has occurred, Owner’s Representative will issue the final Certificate for Payment. 9.8.2 Final payment and retention shall be released to Contractor, as set forth in Article 9.8.3, after: .1 Contractor submits the final Application for Payment and all submittals required in accordance with Article 9.3; .2 Contractor submits all guarantees and warranties procured by Contractor from Subcontractors, all operating manuals for equipment installed in the Project, as-built documents, and all other submittals required by the Contract Documents;