Practices for Closing Out Highway Projects from Substantial Completion to Final Payment (2021) / Chapter Skim
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1 The project closeout process incorporates completing the physical construction work, finishing outstanding and defective work, collecting, reviewing, and approving of project information and documentation, reconciling financial information, and making and receiving final payments. Although project closeout only entails a small portion of actual construction work, closing out highway construction projects for state departments of transportation (DOTs)
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2 Practices for Closing Out Highway Projects from Substantial Completion to Final Payment 1. The durations of time to close out a project from substantial completion to final contractor payment and final closeout, including the expected and actual durations, and the process used to set the DOT project closeout duration goal; 2.
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Summary 3 2. e-Construction: e-Construction initiatives have impacted the project closeout process, as they make the closeout documentation portion more efficient through real-time sharing of information and the use of electronic reviews and digital signatures for approvals.
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4 Practices for Closing Out Highway Projects from Substantial Completion to Final Payment 5. Performance Measures and Accountability: The inclusion of project closeout performance measure results with state DOT employee performance reviews provides accountability and focus on the part of employees to improve their closeout efficiency and timeliness.
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