Practical Completion (7 Marks) Flashcards

1
Q

What is Practical Completion?

A
  • When the contract works are complete expect for minor omissions and minor defeats.
  • Falls at the end of contract period.
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2
Q

What happens immediately before Practical Completion?

A

Time to complete the contract works. Early occupation may occur.

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3
Q

What happens during Practical Completion?

A

Architect to inspect differing contract definitions.

Ownership changes.

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4
Q

What happens after the project?

A

Practical Completion starts Defeats Liability Period.

CPU and other code compliances can only be granted following practical completion.

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5
Q

Practical Completion’s effect on the contract?

A

Ownership changes, especially for sale of apartments. Money flows.

Discharge Contractor’s Bond, refer contract rules/ obligations.

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6
Q

Practical Completion relevant information?

A

Practical Completion cannot be issued “Subject to” or “condition on” completion of items. A list of minor omissions/defeats and deferred works may be attached.

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