Close out a construction project

Punch list to final payment: inspections, warranties, lien waivers and keys.

1. Finish the punch list
2. Pass final inspections and get the certificate of occupancy
3. Collect warranties and operating manuals
4. Gather the as-built drawings
5. Collect final lien waivers from every subcontractor. Most people forget this: One missing waiver holds up the owner's final payment
6. Train the owner's team on the building systems
7. Hand over keys and access cards
8. Get the substantial completion certificate signed (Owner signs off)
9. Send the final invoice and release retainage
10. Close the job cost report and hold a lessons-learned meeting

All recipes