PV*SOL-premium helps you to design the best performing systems, provides fully substantiated production forecasts and can truthfully visualize your design. This provides you with a quality image and you win the trust of your customer. Also towards financiers or investors, PV*SOL is the tool to professionally substantiate your offer.
PV*SOL-PREMIUM HAS EVERYTHING YOU NEED TO DESIGN AN OPTIMAL SUN POWER SYSTEM WITH A FAITHFULL VISUALIZATION
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| Certificate | Timing | Purpose | |-------------|--------|---------| | | Works usable, minor defects remain. | Transfer possession, start DLP, release retention. | | Certificate of Defects Rectification | End of DLP. | Confirms all notified defects fixed. Triggers final retention release. | | Certificate of Final Completion | After DLP and all obligations met. | Final payment, close contract. | | Code Compliance Certificate (CCC) | Issued by Building Consent Authority (BCA) under Building Act 2004. | Confirms building complies with Building Code. Not a contract certificate but often a condition precedent to final payment. |
A Certificate of Practical Completion (CPC) in New Zealand is a crucial contractual document that marks the point when construction work is considered substantially finished, allowing the owner to take possession while minor defects are still being rectified. certificate of practical completion nz
[Insert Photo of the finished building or the team handing over the keys] | Confirms all notified defects fixed
| Consequence | Detail | |-------------|--------| | | Principal takes possession; Contractor’s control ends. | | Defects Liability Period (DLP) begins | Typically 12 months (NZS 3910: Clause 11.1). Contractor must remedy defects notified during DLP. | | Liquidated damages cease | If the certificate is dated after the contractual completion date, damages for delay stop accruing. | | Retention release (first half) | Usually 50% of retention money is released (balance after DLP). | | Insurance shift | Principal’s insurance for the works often applies from practical completion. | | Progress payment | Contractor may claim for work complete up to practical completion (subject to payment schedule). | | Final payment, close contract