What does the term "punch list" refer to in the construction process?

The term "punch list" refers to a document that identifies work that needs to be completed or corrected before final acceptance of a construction project. This document is crucial because it serves as a tool for verifying that all aspects of the work conform to the contract specifications. Items on the punch list typically include minor repairs, adjustments, or tasks that were either not finished or did not meet quality standards established in the contract.

This list is often prepared towards the end of the construction process, particularly during the final walkthrough, when the owner or project manager reviews the project to ensure satisfaction before final payments are made. The punch list ensures that all parties are clear about outstanding issues that must be resolved, thereby facilitating a smoother project completion and transition to the operational phase.