What signifies that the construction project is complete and signed off by the owner?

The Notice of Completion serves as an official document that signifies the completion of a construction project. It is filed by the contractor or owner with the appropriate local government office once the project is completed, signifying that all work outlined in the contract has been finished. This notice typically includes key information such as the project's address, completion date, and the parties involved.

Filing a Notice of Completion has important legal and financial implications. It can start the timeframe for filing mechanics' liens, protecting the property owner's interests and clarifying that the project is finalized. When the owner signs off on this notice, it indicates that they agree that the work has been satisfactorily completed, allowing for the release of any retained funds to the contractor.

While options like Final Inspection and Completion Report may contribute to the readiness for project completion, the Notice of Completion functions specifically as the formal acknowledgment that the project is concluded and accepted by the owner. The End of Contract Notice might refer to the expiration of a contract, but it doesn't definitively signify completion in the same legal context as the Notice of Completion.