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(Updated 2017) Purchase Options

When the parties agree that the construction project work is complete, this administrative form establishes that final completion has been achieved and identifies the date of final completion. This document triggers the release of retention that is withheld at the substantial completion phase. Final completion indicates that work is in conformance with the contract documents and free of material defects. Note: this document is exclusive to ConsensusDocs, there is no AIA equivalent.

Purchase Options

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