Defects Liability Period (DLP)
HPM can be engaged for a Defects Liability Period (DLP) after the successful Handing Over of the project.
During this stage, HPM would monitor the progress of any remedial defects work required to be carried out by the Contractor and carry out periodical inspections with the Consultant to determine the completion of any outstanding works, throughout which, technical recommendations and solutions will be advised for the various problems that will arise. HPM would also monitor the Contractor’s performance and release the retention of monies accordingly, thereby ensuring that the Contractor has rectified the defective works up to the high level of quality intended before closing of accounts.
Upon HPM’s impartial attestation of successful completion of such remedial action, HPM would provide written notice that the project is completed and certify the Contractor’s Final Payment Certificate and the project’s Final Completion Certificate.