PROJECT PUNCHLIST & CONTRACT CLOSE-OUT.
To paraphrase Yogi Berra, The ballgame isnt over until we say the ballgame is over. As construction nears completion, preliminary and final punchlists must be prepared to allow a system of checks and balances; and progress must be monitored against these lists to ensure timely project completion. This is a crucial process, as it involves your assessment of your contractors fulfillment of their obligations, your expectations of what they must do to complete their work according to contract, and your terms for acceptance of their work as complete and delivered. In effect, an incomplete and ill-conceived checklist can mean an unfinished project, which you will have to later complete at your own expense. A proper and comprehensive checklist, on the other hand, lays down a fair definition of your contractors legal obligations. This process, nonetheless, is a delicate matter, as contractors often at this stage want to move on as rapidly as possible to other assignments. Here, the impartial creation of project punchlists by acknowledged experts, such as RDS, traditionally generate respect and performance on the work required. We have a proven track record in achieving full compliance with our project punchlists, and successfully taking our clients through Contract Close-Out. RDS will work with you to verify that all close-out requirements are completed in a timely and efficient manner, and will oversee the completion and execution of all contractual obligations, production of operational manuals, transfer of all warranties, and final release of liens, including final payments and release of retainage.
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