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Practical completion certificate

Practical completion certificate template nz 2025

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The document is a Certificate of Practical Completion for a construction project, outlining the requirements that must be met by the Contractor before payment can be requested from the Owner. It details the conditions under which the Works are considered complete, including necessary inspections and approvals, and requires signatures from both the Owner and Contractor to validate completion.

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What is the difference between practical completion and actual completion?

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.

What is the meaning of practical completion?

Generally, it is the point at which a building project is complete, except for minor defects that can be put right without undue interference or disturbance to an occupier.

What is a practical completion certificate in NZ?

Practical Completion means that the Contract Works, or a Separate Section of. them attain Practical Completion when information and warranties listed in the. Specific Conditions have been provided and when, except for:- (a) Work which the Principal and the Contractor have agreed to defer for.

What is required for practical completion?

What are the criteria for achieving practical completion? The major construction work is complete; Only minor defects remain that do not hinder the buildings use; The building is ready for occupation and use; The contract administrator certifies that practical completion has been docHubed;

What is a PC certificate?

What does Practical completion certificate mean? A certificate or statement issued pursuant to the building contract by the architect or employers agent confirming that practical completion has been achieved and the date on which it occurred.