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Practical Completion Statement for use with the JCT Design and Build Contract 2005 Employer×address Island Homes Housing Association Limited, 100 Chalk Farm Road, London NW1 8EH Contractor×address

How to fill out practical completion statement

How to fill out a practical completion statement?

1. Begin by gathering all relevant documentation and information. This may include project plans, construction contracts, inspection reports, and any applicable permits or licenses.
2. Review the construction project thoroughly to ensure that all work has been completed in accordance with the agreed-upon specifications and requirements. This may involve conducting a detailed inspection of the site and comparing it with the original plans.
3. Document any outstanding defects or unfinished work that may still need attention. These may range from minor cosmetic issues to more significant structural concerns. Make sure to include specific details and photographs where necessary.
4. Identify any necessary corrective actions that need to be taken to address the defects or unfinished work. This could involve coordinating with contractors or subcontractors to schedule necessary repairs or modifications.
5. Prepare a comprehensive report summarizing the findings of the inspection, including details of completed work, outstanding defects, and proposed corrective actions. The report should be organized in a clear and concise manner, ensuring that all necessary information is included.

Who needs a practical completion statement?

1. Construction companies: A practical completion statement is typically required by construction companies to document the final state of a project and identify any outstanding issues that need to be addressed before the project can be considered complete.
2. Clients or property owners: Clients or property owners also need a practical completion statement to verify that the construction project has been finished in accordance with the agreed-upon specifications. It helps in ensuring that all required work has been completed and that any remaining defects or issues are properly addressed.
3. Insurance companies or financial institutions: Practical completion statements may be requested by insurance companies or financial institutions to determine the insurability or financing eligibility of the completed construction project. These statements provide a comprehensive overview of the project's status and any remaining risks or concerns.

In conclusion, filling out a practical completion statement involves thorough documentation of a construction project's completion status, outstanding defects, and necessary corrective actions. This document is essential for construction companies, clients or property owners, and insurance companies or financial institutions.

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What is practical completion statement?

Practical completion statement is a formal document declaring that a construction project has been completed to the satisfaction of the client and meets all necessary standards and regulations.

Who is required to file practical completion statement?

The contractor or the construction company responsible for the project is usually required to file the practical completion statement.

How to fill out practical completion statement?

To fill out a practical completion statement, the contractor must provide detailed information about the project, including completion date, quality of work, and any outstanding issues.

What is the purpose of practical completion statement?

The purpose of a practical completion statement is to confirm that the construction project has been finished in accordance with the agreed-upon specifications and standards.

What information must be reported on practical completion statement?

The practical completion statement must include details such as project name, address, completion date, any defects or issues that need to be addressed, and signatures of relevant parties.