Project construction contract closeout.

CFR · 2024-01-01 · US · Title 7

This section is applicable to contracts executed on RUS Forms 200, 257, 786, and 830. (a) (b) (c) (i) RUS Form 187, Certificate of Completion, Contract Construction. (ii) RUS Form 213, “Buy American” certificate. (iii) RUS Form 224, Waiver and Release of Lien, from each manufacturer, supplier, and contractor which has furnished material or services or both in connection with the construction. (iv) RUS Form 231, Certificate of Contractor. (v) RUS Form 254, Construction Inventory, including all supporting documents, such as RUS Forms 254a-c, construction change orders, and amendments for contracts executed on RUS Form 830. (vi) Certification by the project architect or engineer in accordance with § 1726.403(a), if applicable. (vii) Final design documents, as outlined in part 1724 of this chapter. (2) (ii) For contracts subject to RUS approval, the borrower will submit either a certification or the following closeout documents for RUS approval: (A) RUS Form 187, Certificate of Completion, Contract Construction. (B) RUS Form 231, Certificate of Contractor. (C) RUS Form 254, Construction Inventory, including all supporting documents, such as RUS Forms 254a-c and construction change orders, for contracts executed on RUS Form 830. (iii) For contracts not subject to RUS approval, the closeout is not subject to RUS approval. The borrower will send one copy of RUS Form 187 to RUS for information prior to or in conjunction (d) (2)(i) Upon receipt of final payment by the contractor, the

official document · source cfr-2024 · id 7:§ 1726.403