What does the Contractor need to submit as part of the Close Out process?

During the Close Out process of a construction project, the Contractor is required to submit a punch list and warranties to the owner as part of the documentation necessary for final acceptance of the work completed.

The punch list is a critical document that outlines any outstanding items that need to be addressed before final project completion. It typically includes minor corrections, adjustments, or touch-ups that are needed to ensure that the work conforms to contract specifications. This list is usually compiled towards the end of construction when the majority of the work has been completed but may require final touches.

Warranties are equally important as they guarantee that certain materials or workmanship meet specified longevity and performance standards. These warranties protect the owner by ensuring that the contractor will address any defects or issues that arise after project completion within the agreed-upon timeframe.

While submitting only the final invoice might indicate financial closure, it does not encompass the quality assurance and acceptance criteria essential for project completion. A project schedule for future projects and a list of all subcontractors, although useful in some contexts, are not typically part of the critical documentation required during the Close Out process. Therefore, the submission of a punch list and warranties is paramount for ensuring the owner is satisfied and covered for the completed work before final project acceptance.