A formal site visit where the owner and architect walk the building to identify items that need to be completed or corrected.
A walk-through is a site inspection conducted by the owner, architect, and contractor to observe the status of construction, identify punch list items, verify substantial completion, or prepare for final inspection. Walk-throughs are scheduled at key project milestones and result in written punch lists or deficiency logs that the contractor is required to complete within a specified timeframe.
Walk-throughs generate the punch list that determines when a project reaches substantial completion, which triggers retainage release, warranty start, and final payment. For estimators and GCs, the cost of closing out punch items must be carried in the bid or it erodes margin at the end. Anticipating walk-through deficiencies and crew time protects cash flow during the critical closeout phase.
Near completion, the GC schedules a walk-through with the owner and architect, captures the punch list, and assigns crews to close each item within the contract's deadline so substantial completion can be certified and retainage released.
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