A punch list is a written inventory of items requiring correction, completion, or adjustment before the project is fully complete — minor paint touch-ups, hardware adjustments, door tuning, caulk gaps, tile repairs, HVAC balancing. The punch list is developed in a joint walkthrough with the client and project manager after substantial completion. On a project with a functioning phase sign-off system, the punch list is short because quality issues were caught at each phase. It should be completed before the final payment is requested — not after. Punch list items should never be used as leverage to withhold payment on a substantially complete project, but they should also never be ignored after final payment. RainFire Builders completes all punch list items before the final payment request and documents resolution in writing before project closeout.