NM CID GF-5 Practice Questions - New Mexico CID GF-5 Recreation Areas Contractor Examination Exam

Substantial completion of a community park is best defined as the date when:

The contractor mobilizes the first piece of equipment The work is complete enough for the owner to occupy or use it for its intended recreation purpose, even if a punch list remains The last retainage dollar has been paid The contractor's insurance expires

Correct Answer:

The work is complete enough for the owner to occupy or use it for its intended recreation purpose, even if a punch list remains

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