Close Out

Question 1

Per B101, what are arch’s duties as pertains to substantial completion?

Answer 1

• conduct sub comp inspection with owner
• review punch list
• issue G704, cert of sub comp to owner
• share warranties, cert of occ to owner
• inform owner of remaining punch list cost

Question 2

liquidated damages

Answer 2

sum of money if project is not completed on time

Question 3

How to establish sub comp?

Answer 3

1. expected date noted in A101
2. Sub comp date can be changed via change order
3. punch list must be prepared when project is sub comp

Question 4

Substantial completion inspection

Answer 4

verifies if punch items are complete

Question 5

What happens when a building is substantially complete?

Answer 5

turn over of utilities and security to owner (from GC)
beginning of warranty periods
arch issues G704 - notes date, punch list, list of nonconforming work
final payment issued, retainage is released

Question 6

What happens when a building is deemed ‘final completion’?

Answer 6

arch verifies punch list is complete
there is no cert issued
documented by issuing final certificate of paymnet

Question 7

What documents are submitted prior to final payment?

Answer 7

• cert to maintain liability insurance
• memorandum for cert of insurance with no reason for nonrenewal
• outstanding warranties
• consent of surety to final payment
• lien waiver
• final change order (if applicable)

Question 8

Responsibilities of arch in close out process?

Answer 8

• review project files
• invoices paid
• close out consultant contracts
• meeting in 1 year

Question 9

What are arch’s role in commissioning?

Answer 9

• assist CXa to identify systems and timing of construction schedule