Final certificate for construction contracts - Revision history

Designing Buildings at 08:53, 22 February 2021

2021-02-22T08:53:53Z

← Older revision		Revision as of 08:53, 22 February 2021
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		+	= Introduction =
		+
	The final certificate is certification by the contract administrator that a construction contract has been fully completed. It is issued at the end of the defects liability period and has the effect of releasing all remaining money due to the contractor, including any remaining retention.		The final certificate is certification by the contract administrator that a construction contract has been fully completed. It is issued at the end of the defects liability period and has the effect of releasing all remaining money due to the contractor, including any remaining retention.

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	If the client intends to pay a different amount from that shown on the certificate, then they must give notice to the contractor of the amount they intend to pay and the basis for its calculation (pay less notice - see Housing Grants, Construction and Regeneration Act for more information).		If the client intends to pay a different amount from that shown on the certificate, then they must give notice to the contractor of the amount they intend to pay and the basis for its calculation (pay less notice - see Housing Grants, Construction and Regeneration Act for more information).

−	~~-----~~	+	= Alternative procedures =
−	Alternative procedures	+

	In design and build contracts (such as Joint Contracts Tribunal (JCT) DB 16) the final certificate may be described as the final statement.		In design and build contracts (such as Joint Contracts Tribunal (JCT) DB 16) the final certificate may be described as the final statement.
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	There is a similar procedure on management contracts, where final certificates are issued by the management contractor for each individual works contract, and then once all works contracts have received a final certificate, the management contractor provides the client's contract administrator (or cost consultant) with information allowing them to calculate the prime cost (the cost of the works contracts) and a final certificate is issued to the management contractor.		There is a similar procedure on management contracts, where final certificates are issued by the management contractor for each individual works contract, and then once all works contracts have received a final certificate, the management contractor provides the client's contract administrator (or cost consultant) with information allowing them to calculate the prime cost (the cost of the works contracts) and a final certificate is issued to the management contractor.

−	NB Rather confusingly, the term 'final certificate' can also refer to a completion certificate issued by a building control body in relation to the building regulations. See Building regulations completion certificate for more information.	+	= Alternative meaning =
		+
		+	Rather confusingly, the term 'final certificate' can also refer to a completion certificate issued by a building control body in relation to the building regulations.
		+
		+	[https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/901517/Manual_to_building_regs_-_July_2020.pdf Manual to the Building Regulations: A code of practice for use in England], published by HM Government in July 2020, states: ‘Final certificate refers to the certificate issued by the approved inspector to the person carrying out the work and the local authority and confirms that the work in the initial notice is complete and that the approved inspector is satisfied that it complies with the relevant requirements of the Building Regulations.’
		+
		+	See Building regulations completion certificate for more information.

	= Related articles on Designing Buildings Wiki =		= Related articles on Designing Buildings Wiki =

Designing Buildings at 06:53, 30 August 2020

2020-08-30T06:53:06Z

← Older revision		Revision as of 06:53, 30 August 2020
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	* Work-to-complete list.		* Work-to-complete list.

−	[[Category:~~Articles_needing_more_work~~]] [[Category:Project_activities]] [[Category:Construction_management]] [[Category:Contracts_/_payment]] [[Category:Procurement]]	+	[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:Project_activities]] [[Category:Construction_management]] [[Category:Contracts_/_payment]] [[Category:Procurement]]

Editor at 10:48, 12 November 2019

2019-11-12T10:48:58Z

← Older revision		Revision as of 10:48, 12 November 2019
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	* Sectional completion.		* Sectional completion.
	* Topping out.		* Topping out.
		+	* What is a final account.
	* Work-to-complete list.		* Work-to-complete list.

	[[Category:Articles_needing_more_work]] [[Category:Project_activities]] [[Category:Construction_management]] [[Category:Contracts_/_payment]] [[Category:Procurement]]		[[Category:Articles_needing_more_work]] [[Category:Project_activities]] [[Category:Construction_management]] [[Category:Contracts_/_payment]] [[Category:Procurement]]

Designing Buildings at 10:57, 20 August 2019

2019-08-20T10:57:22Z

← Older revision		Revision as of 10:57, 20 August 2019
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	* Building regulations completion certificate.		* Building regulations completion certificate.
		+	* Certificates in the construction industry.
	* Contract administrator.		* Contract administrator.
	* Defects liability period.		* Defects liability period.

Designing Buildings at 13:29, 5 July 2019

2019-07-05T13:29:56Z

← Older revision		Revision as of 13:29, 5 July 2019
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	NB Rather confusingly, the term 'final certificate' can also refer to a completion certificate issued by a building control body in relation to the building regulations. See Building regulations completion certificate for more information.		NB Rather confusingly, the term 'final certificate' can also refer to a completion certificate issued by a building control body in relation to the building regulations. See Building regulations completion certificate for more information.

−	~~= Find out more =~~	+	= Related articles on Designing Buildings Wiki =
−		+
−	=== Related articles on Designing Buildings Wiki ===	+

	* Building regulations completion certificate.		* Building regulations completion certificate.

Designing Buildings at 05:59, 6 May 2018

2018-05-06T05:59:00Z

← Older revision		Revision as of 05:59, 6 May 2018
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	NB Rather confusingly, the term 'final certificate' can also refer to a completion certificate issued by a building control body in relation to the building regulations. See Building regulations completion certificate for more information.		NB Rather confusingly, the term 'final certificate' can also refer to a completion certificate issued by a building control body in relation to the building regulations. See Building regulations completion certificate for more information.
−
−

	= Find out more =		= Find out more =

−	~~</p>~~
	=== Related articles on Designing Buildings Wiki ===		=== Related articles on Designing Buildings Wiki ===

Designing Buildings: Reverted edits by 162.158.38.37 (talk) to last revision by Thomasprashman

2018-01-24T06:17:04Z

Reverted edits by 162.158.38.37 (talk) to last revision by Thomasprashman

← Older revision		Revision as of 06:17, 24 January 2018
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	The final certificate is certification by the contract administrator that a construction contract has been fully completed. It is issued at the end of the defects liability period and has the effect of releasing all remaining money due to the contractor, including any remaining retention.		The final certificate is certification by the contract administrator that a construction contract has been fully completed. It is issued at the end of the defects liability period and has the effect of releasing all remaining money due to the contractor, including any remaining retention.

−	The value of the final certificate will be based on the final account agreed by the cost ~~clllant~~ and the contractor. This means that all patent defects must have been remedied, all adjustments to the contract sum must have been agreed and all claims settled.	+	The value of the final certificate will be based on the final account agreed by the cost consultant and the contractor. This means that all patent defects must have been remedied, all adjustments to the contract sum must have been agreed and all claims settled.

	Where proceedings have been commenced in relation to a dispute, the conclusiveness of the final certificate is subject to the findings of those proceedings. In addition, the final certificate itself can be disputed (usually within 28 days). Adjudication, arbitration or other proceedings may then be necessary to resolve the dispute. The final certificate is then only conclusive in relation to matters that are not disputed.		Where proceedings have been commenced in relation to a dispute, the conclusiveness of the final certificate is subject to the findings of those proceedings. In addition, the final certificate itself can be disputed (usually within 28 days). Adjudication, arbitration or other proceedings may then be necessary to resolve the dispute. The final certificate is then only conclusive in relation to matters that are not disputed.
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	NB Rather confusingly, the term 'final certificate' can also refer to a completion certificate issued by a building control body in relation to the building regulations. See Building regulations completion certificate for more information.		NB Rather confusingly, the term 'final certificate' can also refer to a completion certificate issued by a building control body in relation to the building regulations. See Building regulations completion certificate for more information.

−	~~= Find out more =~~

−	~~</p>~~

		+	= Find out more =
		+
		+	</p>
	=== Related articles on Designing Buildings Wiki ===		=== Related articles on Designing Buildings Wiki ===

162.158.38.37 at 23:15, 23 January 2018

2018-01-23T23:15:57Z

← Older revision		Revision as of 23:15, 23 January 2018
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	The final certificate is certification by the contract administrator that a construction contract has been fully completed. It is issued at the end of the defects liability period and has the effect of releasing all remaining money due to the contractor, including any remaining retention.		The final certificate is certification by the contract administrator that a construction contract has been fully completed. It is issued at the end of the defects liability period and has the effect of releasing all remaining money due to the contractor, including any remaining retention.

−	The value of the final certificate will be based on the final account agreed by the cost ~~consultant~~ and the contractor. This means that all patent defects must have been remedied, all adjustments to the contract sum must have been agreed and all claims settled.	+	The value of the final certificate will be based on the final account agreed by the cost clllant and the contractor. This means that all patent defects must have been remedied, all adjustments to the contract sum must have been agreed and all claims settled.

	Where proceedings have been commenced in relation to a dispute, the conclusiveness of the final certificate is subject to the findings of those proceedings. In addition, the final certificate itself can be disputed (usually within 28 days). Adjudication, arbitration or other proceedings may then be necessary to resolve the dispute. The final certificate is then only conclusive in relation to matters that are not disputed.		Where proceedings have been commenced in relation to a dispute, the conclusiveness of the final certificate is subject to the findings of those proceedings. In addition, the final certificate itself can be disputed (usually within 28 days). Adjudication, arbitration or other proceedings may then be necessary to resolve the dispute. The final certificate is then only conclusive in relation to matters that are not disputed.
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	NB Rather confusingly, the term 'final certificate' can also refer to a completion certificate issued by a building control body in relation to the building regulations. See Building regulations completion certificate for more information.		NB Rather confusingly, the term 'final certificate' can also refer to a completion certificate issued by a building control body in relation to the building regulations. See Building regulations completion certificate for more information.

		+	= Find out more =

		+	</p>

−	~~= Find out more =~~
−
−	~~</p>~~
	=== Related articles on Designing Buildings Wiki ===		=== Related articles on Designing Buildings Wiki ===

Thomasprashman at 17:45, 6 January 2018

2018-01-06T17:45:31Z

← Older revision		Revision as of 17:45, 6 January 2018
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	NB Rather confusingly, the term 'final certificate' can also refer to a completion certificate issued by a building control body in relation to the building regulations. See Building regulations completion certificate for more information.		NB Rather confusingly, the term 'final certificate' can also refer to a completion certificate issued by a building control body in relation to the building regulations. See Building regulations completion certificate for more information.

−	~~Final Interim Certificate~~

−	* CA must issue FIC no later than 2 months after the latest of:
−
−	~~# The end of defects rectification period~~
−	~~# The date of issue of the Certificate of Making Good~~
−	~~# The date of the CA’s final statement in relation to the contract sum under clause 4.25~~
−	~~# Other bespoke clauses~~
−
−	* The final release of retention must follow
−	* If defects notice during the defects rectification period is not complied with, others can be employed to do the necessary work and the cost deducted from the Retention Percentage.

	= Find out more =		= Find out more =

		+	</p>
	=== Related articles on Designing Buildings Wiki ===		=== Related articles on Designing Buildings Wiki ===

Thomasprashman at 17:45, 6 January 2018

2018-01-06T17:45:07Z

← Older revision		Revision as of 17:45, 6 January 2018
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	NB Rather confusingly, the term 'final certificate' can also refer to a completion certificate issued by a building control body in relation to the building regulations. See Building regulations completion certificate for more information.		NB Rather confusingly, the term 'final certificate' can also refer to a completion certificate issued by a building control body in relation to the building regulations. See Building regulations completion certificate for more information.
		+
		+	Final Interim Certificate
		+
		+	* CA must issue FIC no later than 2 months after the latest of:
		+
		+	# The end of defects rectification period
		+	# The date of issue of the Certificate of Making Good
		+	# The date of the CA’s final statement in relation to the contract sum under clause 4.25
		+	# Other bespoke clauses
		+
		+	* The final release of retention must follow
		+	* If defects notice during the defects rectification period is not complied with, others can be employed to do the necessary work and the cost deducted from the Retention Percentage.

	= Find out more =		= Find out more =