Completing the Warranty Period – Final Acceptance.

ACWWA will issue Final Acceptance upon the later of completion of all punch list items or at the conclusion of the 12-month warranty period.   The Applicant will receive written notification that Final Acceptance has been granted.

Upon Final Acceptance by ACWWA of the project for which the financial guarantee was made as provided in the Development Agreement, Plans and Specifications, and ACWWA’s Rules and Regulations, ACWWA shall return the Letter of Credit or the unused portion of the Cash Deposit, without interest, to the Applicant or as directed by the Applicant.