Date of Practical Completion

The Date of Practical Completion is the date at which a project employing the "Australian Standard - General Conditions of Contract" is considered to be complete.

Many councils use the date of practical completion as the date of recognition for gifted assets.

AS2124-1992

AS2124-1992 defines the Date of Practical Completion as:
(a) the date certified by the Superintendent in a Certificate of Practical Completion issued pursuant to Clause 42.5 of the Australian Standard - General Conditions of Contract, to be the date upon which Practical Completion was reached; or
(b) where another date is determined in any arbitration or litigation as the date upon which Practical Completion was reached, that other date.

AS4000-1997

AS4000-1997 defines the Date of Practical Completion as:
(a) the date evidenced in a certificate of practical completion as the date upon which practical completion was reached; or
(b) where another date is determined in any arbitration or litigation as the date upon which practical completion was reached , that other date.

Related Pages

External Links & References

  1. AS4000-1997, Australian Standard - General Conditions of Contract
  2. AS2124-1992, Australian Standard - General Conditions of Contract
  3. Google Search

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