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  2. Certificate of occupancy - Wikipedia

    en.wikipedia.org/wiki/Certificate_of_occupancy

    The purpose of obtaining a certificate of occupancy is to prove that, according to the law, the house or building is in liveable condition. Generally, such a certificate is necessary to be able to occupy the structure for everyday use, as well as to be able to sign a contract to sell the space and close on a mortgage for the space.

  3. Building regulations approval - Wikipedia

    en.wikipedia.org/wiki/Building_regulations_approval

    An application for a Regularisation Certificate does not prevent the Authority taking legal action for failure to comply with the Building Regulations when the work was first carried out. Generally Fees are paid to the Building Control Body, with each application. These will vary depending on the size and value of the project, and between ...

  4. Construction contract - Wikipedia

    en.wikipedia.org/wiki/Construction_contract

    Sectional completion refers to a provision within a construction contract which allows different completion dates for different sections of the works. This is common in larger projects which are completed in stages, allowing the client to take possession of the completed parts whilst construction continues on others. [26]

  5. Certificate of Completion - Wikipedia

    en.wikipedia.org/?title=Certificate_of...

    This page was last edited on 20 April 2018, at 23:10 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may ...

  6. Submittals (construction) - Wikipedia

    en.wikipedia.org/wiki/Submittals_(construction)

    The construction documents, specifically the technical specifications, require the contractor to submit product data, samples, and shop drawings to the architect and engineer for approval. This is one of the first steps that is taken by the contractor after execution of the construction contract and issuance of the "Notice to Proceed".

  7. Completed-contract method - Wikipedia

    en.wikipedia.org/wiki/Completed-contract_method

    Accounting for long term contracts can be done in two ways: through the completed-contract method and the percentage of completion method. The choice between the two depends on the provisions of SOP 81-1 from the AICPA. The completed-contract method recognizes income only when the contract is completed or substantially completed. [1]

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