The date the project is fully and satisfactorily complete, Including the completion of all punchlist items. The contractor can receive final payment upon final completion.
Final Completion refers to the stage in a construction project when all work is completed to the satisfaction of the client and in accordance with the contract requirements. It includes the completion of all punch list items, final inspections, and the resolution of any outstanding issues. Final completion marks the official end of the construction phase and often triggers the final payment and the beginning of the warranty period.
The stage when a project is fully finished and ready for use.
