POLICY: Sub/Vendor Warranties
PURPOSE: To ensure the subcontractors and vendors understand and commit to warrant their work as specified.
RESPONSIBILITY: Project Manager
1. Before retainage is released to a subcontractor, a written warranty matching the requirements of the specifications is to be obtained.
2. Vendors should supply warranty with their final application for payment.
3. The warranty should contain the period of the warranty, the commencement date of the warranty (date of substantial completion of the project), description of the work, specification sections covered by the warranty, and name of company providing the warranty.
4. These warranties are to be filed in the “Close Out Book” as they are received.