http://renovatedsm.com/node/91 Comments for "Project Close-Out" en http://renovatedsm.com/node/91 <p><img src="http://renovatedsm.com/files/images/finishedroom.postinclude.jpg" class="pictureright">Congratulations! You are finally ready to move in. </p> <p>Well, not quite yet. Before you start moving your belongings in, and certainly before you issue the last payment to your contractor, you need to perform a detailed walkthrough and prepare a "punchlist" for your contractor. Renovation is a complex business and there are many opportunities for things to get overlooked, particularly in the final stages as the pressure mounts to complete your project. The punchlist may be your last opportunity to get timely work out of your contractor - once you have approved the final payment and received the final lien waiver, your options become much more restricted.</p> <p>A punchlist is simply a list of items (these items must be either specifically included or reasonably implied in the contract, of course) that the contractor needs to complete prior to receiving the final payment. You may want to prepare the punchlist with the assistance of your contractor. That way, you can ask questions and make sure that you are on the same page.</p> <p><a href="http://renovatedsm.com/node/91">read more</a></p> http://renovatedsm.com/node/91#comments Finishes Project Management Wed, 08 Aug 2007 11:56:00 -0700 RenovateDSM 91 at http://renovatedsm.com