With reference to a variety of construction contracts, this note summarises the principal features of completion of construction works.
This document is intended to assist surveyors who are certifying, or providing services, in consequence of or, in relation to, completion of construction works. This guidance may, therefore, be of use to surveyors carrying out any of the following activities:
- certifying completion of works
- certifying payment after completion of works
- analysing delay
- advising on the deduction of delay damages
- advising on insurance provisions
- advising clients of their occupancy options if works are delayed
- advising main contractors, or specialist contractors on issues, such as release of retention, rectification of defects etc.
- advising purchasers, tenants, bondsmen and other third parties of their rights and obligations
- resolving or adjudicating disputes related to any of the above activities
- drafting or reviewing contract documents.
This guidance note is part of the RICS Quantity Surveying & Construction Standards (the Black Book).