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Construction Completion Agreement
"I need a Construction Completion Agreement for a commercial office building project in Manchester where the contractor has completed 90% of the works but we need to formally document the remaining items and agree on a final completion date of March 15, 2025."
1. Parties: Identifies and defines the contracting parties
2. Background: Sets out the context and purpose of the agreement
3. Definitions: Defines key terms used throughout the agreement
4. Scope of Works: Details the remaining works to be completed
5. Completion Requirements: Specifies the standards and conditions for completion
6. Timeline: Sets out completion dates and milestones
7. Payment Terms: Details final payment arrangements and retention release
8. Defects Liability: Specifies warranty period and remediation obligations
1. Liquidated Damages: Include when specific damages for delay are agreed and delay compensation needs to be pre-determined
2. Third Party Rights: Rights of third parties to enforce terms, used when beneficiaries beyond the contracting parties exist
3. Performance Security: Requirements for bonds or guarantees, used when additional security is required
1. Schedule of Outstanding Works: Detailed list of remaining works to be completed
2. Schedule of Defects: List of identified defects requiring rectification
3. Programme of Works: Detailed timeline for completion activities
4. As-Built Drawings: Final drawings showing completed works
5. Testing and Commissioning Requirements: Specifications for final testing and commissioning
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