Why is the defects date significant?

Why is the defects date significant?

It is significant since it triggers payments and ends contractual obligations.

  1. Following tests and inspections, it is one of two possible dates for making conditional payments.
  2. It is a deadline for notifying defects which the Contractor is obligated to correct.
  3. It is one of two possible dates for the supervisor to issue the defects certificate.
  4. It is a deadline for notifying compensation events.