Substantial Completion
Substantial completion definition. Learn the legal milestone when a project is ready for its intended use and the clock starts on warranties.
Calculation Formula
Completion Status = (Functional Use Achieved - Minor Punch List Items) Real Contractor Example
A homeowner can move back into their kitchen and cook meals, even though two cabinet knobs are missing and a small paint touch-up is needed.
Put This Into Practice
Knowing the definition is step one. RemodelFin tracks this in real time on every job — no spreadsheets.