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701 Certificate of Substantial Completion

701 Certificate of Substantial Completion 2025

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The document is a Certificate of Substantial Completion, indicating that the work performed under a specific contract has been reviewed and deemed substantially complete by the Architect. It establishes the date of substantial completion, outlines responsibilities for completing any remaining items, and details the transition of possession to the NJSDA. The document includes sections for signatures from the Design Consultant, Contractor, PMF/CM, and NJSDA Project Officer.

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What is the difference between substantial completion and placed in service?

Substantial Completion occurs when a project is usable or occupiable, even if minor works remain unfinished. Practical Completion, on the other hand, means the project is fully functional for its intended purpose, with only minor defects.

Who typically issues the certificate of substantial completion?

Certificates are typically issued by a contractor to the project owner. At this point, the project owner, architect, or engineer will inspect the work and approve the work as satisfactory. Once approved, a few critical steps are set in motion. For example, a timeline for all remaining work will commence.

What does substantial completion mean in a lease?

The A201-2017 form (titled General Conditions of the Contract for Construction) defines Substantial Completion as the stage in the progress of the Work when the Work or designated portion thereof is sufficiently complete in ance with the Contract Documents so that Owner can

What does substantially complete mean in legal terms?

While the statutory definition of substantial completion varies from state to state, most agree that a project is substantially complete when it can be used for its intended purpose. A construction project need not be absolutely complete; however, any remaining work or defects must be relatively minor and unimportant.

What is the purpose of the certificate of substantial completion?

When a certificate of substantial completion is issued and signed, it marks the point when the building, property, or final product can be used as intended, but minor work still remains. It serves as an official stamp indicating when the project is mostlyor substantiallycompleted.

What does certificate of substantial completion mean?

Substantial completion is the point in a construction project in which the contemplated premises have been completed to the point where the owner can move in and use the premises for their intended purposes. Not everything needs to have been completed for substantial completion to apply.

Who issues a certificate of completion?

A Certificate of Completion is issued by the local government to certify that a building has been completed ing to the approved plans and specifications, as well as local building codes and regulations.

701 Certificate of Substantial Completion 2025

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What is the difference between substantial completion and placed in service?

Who typically issues the certificate of substantial completion?

What does substantial completion mean in a lease?

What does substantially complete mean in legal terms?

What is the purpose of the certificate of substantial completion?

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What does certificate of substantial completion mean?

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701 Certificate of Substantial Completion 2025

Here's how it works

The fastest way to redact 701 Certificate of Substantial Completion online

Complete this form in 5 minutes or less

Got questions?

What is the difference between substantial completion and placed in service?

Who typically issues the certificate of substantial completion?

What does substantial completion mean in a lease?

What does substantially complete mean in legal terms?

What is the purpose of the certificate of substantial completion?

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People also ask

What does certificate of substantial completion mean?

Who issues a certificate of completion?

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