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e-CFR data is current as of March 4, 2021

Title 7Subtitle BChapter XVIIPart 1753Subpart F → §1753.49


Title 7: Agriculture
PART 1753—TELECOMMUNICATIONS SYSTEM CONSTRUCTION POLICIES AND PROCEDURES
Subpart F—Outside Plant Major Construction by Contract


§1753.49   Closeout documents.

(a) General. The borrower shall be responsible for preparing the closeout documents with, if necessary, the assistance of the GFR.

(b) Documents required. The following table lists the documents required to closeout the RUS contract Form 515.

Documents Required To Closeout Construction Contract

[RUS Form 515]

RUS Form No.DescriptionNo. of copies prepared byDistribution
ContractorEngineerBorrowerContractor
724Final Inventory—Certificate of Completion211
724aFinal Inventory—Assembly Units211
NoneContractor's Bond Extension (send to RUS when required)(3)(to RUS)(to RUS)
281Tabulation of Materials Furnished by Borrower211
213Certificate—“Buy American”11
NoneListing of Construction Change Orders11
224Waiver and Release of Lien (from each supplier)11
231Certificate of Contractor11
527Final Statement of Construction211
NoneReports on Results of Acceptance Tests111
NoneSet of Final Staking Sheets11
NoneTabulation of Staking Sheets11
NoneCorrection Summary (legible copy)11
NoneTreated Forest Products Inspection Reports or Certificates of Compliance (prepared by inspection company or supplier)1
NoneFinal Key Map (when applicable)11
NoneFinal Central Office Area and Town Maps11

(c) Closeout procedure. (1) After construction has been completed in accordance with the plans and specifications, and acceptance tests have been made, the borrower shall arrange the time for a final inspection to be made by the borrower's engineer, the contractor, the GFR and a representative of the borrower.

(2) Final inventory documents. (i) The borrower shall obtain certifications from the engineer that the project and all required documentation are satisfactory and complete. Requirements for these contract closeout certifications are contained in §1753.18.

(ii) The borrower shall prepare and distribute the final inventory documents in accordance with the tables contained in this section. The documents listed for RUS shall be retained by the borrower for inspection by RUS for at least two years from the date of the engineer's contract closeout certification.

Step-by-Step Procedure for Closeout of Construction Contract

[RUS Form 515]

SequenceByProcedure
Step No.When
1Upon Completion of ConstructionBorrower's EngineerPrepares the following: a set of Detail Maps and a set (when applicable) of Key Maps which show in red the work done under the 515 contract; a Tabulation of Staking Sheet; and a tentative Final Inventory, RUS Forms 724 and 724a.
2After acceptance tests madeBorrower's EngineerForwards letter to the borrower with copies to the GFR stating that the project is ready for final inspection. Schedules inspection date.
3Upon receipt of letter from Borrower's EngineerGFRAdvises borrower whether attending the final inspection will be possible.
4By inspection dateBorrower's EngineerObtains and makes available the following documents: a set of “as constructed” detail maps and (when applicable) “as built” key maps; a list of construction change orders; the final staking sheets; the tabulation staking sheets; the treated forest products inspection reports or certificates of compliance; the tentative final inventory, RUS Forms 724 and 724a; the tentative tabulation, RUS Form 231 (if borrower furnished part of material); and, a report of results of acceptance tests.
5During inspectionBorrower's EngineerIssues instructions to contractor covering corrections to be made in construction as a result of inspection.
6During inspectionContractorCorrects construction on basis of instructions from the borrower's engineer. The corrections should proceed closely behind the inspection in order that the borrower's engineer can check the corrections before leaving the system.
7During inspectionBorrower's EngineerInspects and approves corrected construction. Marks inspected areas on the key map, if available, otherwise on the detail maps.
8Upon completion of inspectionBorrower's EngineerPrepares or obtains all the closeout documents listed in Table 3.
9After signing final inventoryBorrowerPrepares and submits to RUS the engineer's certifications of completion and a Financial Requirement Statement, RUS Form 481, requesting amount necessary to make final payment due under contract.
10On receipt of final advanceBorrowerPromptly forwards check for final payment to contractor.
11During subsequent loan fund audit review following final paymentRUS Field AccountantExamines borrower's construction records for compliance with the construction contract and Subpart F, and examines RUS Form 281 (Tabulation of Materials Furnished by Borrower) if any, for appropriate costs.

(iii) When the total inventory price exceeds the maximum contract by more than 20 percent, an extension to the contractor's bond is required.

(iv) The borrower shall submit the engineer's contract closeout certification with FRS for the final advance of funds.

(3) Final payment shall be made according to the payment provisions of article III of RUS Form 515, except that certificates and other documents required to be submitted to or approved by the Administrator shall be submitted to and approved by the Owner.

[54 FR 39267, Sept. 25, 1989. Redesignated at 55 FR 39397, Sept. 27, 1990, as amended at 59 FR 43717, Aug. 25, 1994; 64 FR 16609, Apr. 6, 1999]

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