When is a school construction project considered completed and ready to be audited?
A project is considered completed when all invoices have been paid, all existing litigation/arbitration issues have been resolved, all applicable arbitrage computations have been prepared by bond counsel, the school administrative unit auditor, or other authorized person, and no further financial transactions are anticipated. Where required, certificates of occupancy shall have been obtained.
Related Questions
- If our school/group/project does not utilize the Construction Services Group for managing safety on the project, what level of involvement/management is required by the Harvard PM?
- Is an Owner’s Project Manager (OPM) required for every school construction project that moves forward in the MSBA Process?
- When is a school construction project considered completed and ready to be audited?
