Most construction contracts set a date by which the works described in the contract must be completed (the completion date or contract completion date). This is not the date by which all obligations under the contract have to be discharged, but the date by which 'practical completion' must be certified.
What is it called when a construction project is completed?
What is the date of completion of the project?
Definition. Project Completion Date occurs when a defined set of technical (including environmental and social) and financial tests have been met as stipulated in the Finance Documents of a Project. The concept of a Project Completion Date is commonly used for Project Finance transactions.
What is the final stage of the construction project?
The Post-Construction/ Closeout Phase. The project closure phase of the project is the last step in the long process of designing and completing a construction project. Now that all the work on the job site has been completed, the project will come to a close.
What are the rules for completion date?
The seller must move out by this date. The completion date is the day the seller receives payment for the property, transferring ownership. They must vacate the home to allow the buyer to begin moving in. If a buyer has no property to sell, they can move into the house either on or after the completion day.
What is the best OSHA course to take?
OSHA 10-Hour Or OSHA 30-Hour? The 10-Hour OSHA training course is sufficient for many entry-level workers, but the actual requirements will depend on what your workplace wants. 30-Hour OSHA training is generally recommended for supervisors, site leads or managers who will have any sort of safety responsibility.