What is the primary purpose of the Certificate of Substantial Completion?

The primary purpose of the Certificate of Substantial Completion is to denote the date of Substantial Completion. This document serves a crucial role in the construction contract process, as it marks the point at which the project is considered sufficiently complete for the owner to occupy or utilize the space, albeit with minor items still outstanding. Establishing this date is essential because it often triggers various contract requirements, such as the beginning of warranty periods, the start of certain payment releases, and the transition of responsibilities for the property from the contractor to the owner.

In addition, the Certificate of Substantial Completion helps clarify the responsibilities for incomplete work, allowing for an organized approach to finalizing any outstanding items. This is important in managing expectations and ensuring that both parties understand their obligations moving forward.