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Section 5— Payment

Clause 51.3

Payment Certificates — Final

Purpose

The PM issues a final payment certificate after the Defects Certificate. The certificate covers all remaining amounts due.

Practical Application

The final certificate is issued after all defects are resolved and the final account is agreed. It closes out the financial obligations under the contract.

Common Pitfalls

The final certificate may include corrections of previous assessments. The Contractor should not agree the final account until all CEs are implemented and assessed.

Related Clauses

Clause 51.1Clause 46.1

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⚠️ This commentary is for reference only. Always refer to the full NEC4 contract text and seek professional legal or contractual advice for your specific project.