Construction · Defined
Final completion
The point at which the remaining contractual completion obligations have been satisfied under the agreement.
Why it matters
It may require more than occupancy or substantial completion, including punch-list work, documentation, testing, and final payment conditions. State which criteria remain open.
In practice
A project example
A building is usable, but warranties and required closeout records have not yet been delivered.
General educational guidance from KOW Building Consultants. Examples are illustrative, not project records. The applicable contract, standard, program, and jurisdiction control the requirements for a specific assignment.