What is the AIA contractor form G704?
The AIA contractor form G704 is the Certificate of Substantial Completion for a construction project. The G704 ™ Certificate of Substantial Completion is a standard AIA document for recording the date of substantial completion of the work or substantial completion of a designated portion thereof.
What is AIGA document G704?
AIA Document G704™–2017 is a standard form for recording the date of substantial completion of the work or a designated portion thereof. The contractor prepares a list of items to be completed or corrected following substantial completion, and the architect verifies and amends this list.
What is included in a G704 agreement?
In G704, the parties agree on the time allowed for completion or correction of outstanding items; the date when the owner will occupy the work or designated portion thereof; and a description of responsibilities for maintenance, heat, utilities, and insurance. For all document details and a record of changes, see the summary »
What is AIA g612-2017?
AIA Document G612™-2017 is a questionnaire, drafted to elicit information from the owner regarding the nature of the construction contract. G612-2017, Owner’s Instructions to the Architect Part B AIA Document G612™-2017 is a questionnaire, drafted to elicit information from the owner regarding the nature of the construction contract.
Who signs the AIA G704?
the ArchitectG704-2017 was reorganized so the Architect can sign the form, and include the date of Substantial Completion, immediately after the description of the Work the Architect is certifying.
What is an AIA certificate of substantial completion?
Substantial Completion is the stage in the progress of the Work when the Work or designated portion is sufficiently complete in accordance with the Contract Documents so that the Owner can occupy or utilize the Work for its intended use.
Who prepares the certificate of substantial completion?
If the project owner opts to issue a certificate of substantial completion or the contractor requests one, it is the responsibility of the architect on the project to inspect the site and issue the certificate.
What is a certificate of substantial completion?
Substantial Completion Definition Substantial completion means the project, or a portion of the project, is fit for its intended use. The owner can then occupy and use the property. The owner must also pay the contractor the last portion of the monies owed for that project or portion of the project.
How do I finalize an AIA Document?
To finalize an offline draft:Go to the Projects tab.Click Import File.Click Choose File(s).Select your AIA document draft(s) from your computer and click Import.Click Finalize to the right of the imported draft title.More items...•
What does substantial mean in a contract?
Substantial performance is a contract law doctrine that allows parties to be paid under a contract and to retain the benefit of a contract even if they technically failed to comply with the precise terms of the agreement.
What is the significance of substantial completion that is what contractual issues are frequently linked to substantial completion?
What is the significance of substantial completion? That is, what contractual issues are frequently linked to substantial completion? Substantial completion is the end of the project clock. It is also the start of the punch list & the end of liquidated damages.
What is the difference between substantial completion and substantial performance?
Substantial Completion marks the point in the construction timeline when, according to the Canadian Construction Documents Committee (CCDC) Stipulated Price Contract, “Substantial Performance of the Work shall have been reached when the Work is ready for use or is being used for the purpose intended and is so certified ...
What does substantial completion trigger?
Substantial completion also triggers the clock for mechanics lien claims and payment bond claims in many states. For example, in Louisiana, a lien claimant has 60 days from substantial completion of the project to file a lien claim.
At what point in a project can substantial completion be granted and what is it based on?
This term has a number of meanings. In the context of: Project finance, it occurs after mechanical completion when the project satisfies certain performance requirements (for example, the project can produce the required output or perform the required service at a certain minimum level).
What is CSC in property?
When you buy a new property that's still under construction or yet to be developed, you won't be able to move in until the developer receives the Temporary Occupation Permit, more commonly known as TOP, or Certificate of Statutory Completion, otherwise known as CSC.
What is the purpose of the AIA document G704?
AIA Document G704™ was developed to establish the date of Substantial Completion for the purpose of commencement of applicable warranties and to allow the Owner to occupy or utilize the Work or designated portion thereof.
What is the G704-2017?
G704-2017 includes a revised information block to identify the Project, Contract, Owner, Architect, Contractor, and information relevant to the Certificate of Substantial Completion. G704-2017 was reorganized so the Architect can sign the form, and include the date of Substantial Completion, immediately after the description of the Work the Architect is certifying. Also, the paragraph regarding warranties was updated to clarify that warranties commence on the date of Substantial Completion unless the parties indicate otherwise in this form.
When administering substantial completion, should architects be mindful of the inherent risks involved?
You do not control the date. When architects negotiate their services contracts, they typically apply a fee based on the prevailing market rate.
How long does an architect have to take legal action?
This means that a claimant has 10 years to discover conditions and 2 years after discovery to take legal action. Therefore, for 12 years after substantial completion, the architect is exposed to potential claims for negligence.
What happens if a contractor does not complete a project on the designated date?
If substantial completion is not achieved on the designated date, it can trigger damages if provided for in the contract. If the date should be in jeopardy, contractors frequently seek time extensions on the alleged basis of discrepancies in the construction documents and slow responses by the design professionals.
Is an architect's Supplemental Instructions contract?
Architect’s Supplemental Instructions and Change Orders are contract documents by definition. On the other hand, when documentation of changes in the contract is considered, the owner, contractor, and design professionals must remain aware that shop drawings and submittals are not contract documents.
Do architects issue certificates of final completion?
This is why architects do not issue a Certificate of Final Completion as a part of their services. To do so would constitute a representation by the architect that the work is 100 percent complete in every way, a condition that is warranted by the contractor and for which the contractor is solely responsible.
Is an architect at fault for a contract?
They often believe the architect is at fault, although the contract documents clearly state that the contractor is solely responsible.
What is the purpose of using AIA Documents for Pay Apps?
Every construction project is different. There are often unexpected variables that change the nature and cost of the job. Construction projects usually span over a period of weeks, months, or even years. For this reason, almost all construction projects require the use of payment applications- commonly AIA documents.
The AIA G702 Explained
To start with, the AIA G702 is a one-page document that requires contract information and nine payment fields. All nine fields are necessary every time a Pay App is submitted. As the project progresses, calculations become more complex. Consequently, the potential to make costly mistakes grows.
The AIA G703 Explained
Construction projects require the use of payment applications, also called “Pay Apps.” These two AIA documents work alongside each other. The G703 contains all the specific information about the amounts included in the Pay Apps. The additional documents provide proof and support to the claims made in the AIA G702.
