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This certificate signifies that the contract for traffic control device installations at the specified location in Toronto has been substantially performed as of October 29, 2024. It includes details about the owner, contractor, payment certifier, and addresses relevant to the preservation of liens under the Construction Lien Act.
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A certificate of substantial performance is a document that indicates that a construction project has been completed to a stage where it can be utilized for its intended purpose, even if some minor work may still be outstanding.
Typically, the contractor or the owner of the project is required to file the certificate of substantial performance to confirm the completion of the project.
To fill out the certificate of substantial performance, one must provide details such as the project name, location, completion date, and any outstanding work, along with signatures from relevant parties.
The purpose of the certificate of substantial performance is to formally acknowledge that a construction project is sufficiently complete, allowing for partial payments and the commencement of a warranty period.
The certificate must include information like the description of the work, contract number, date of substantial completion, and any conditions affecting the completion.
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