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What is the Final Payment Certificate. The final payment certificate is a document that is issued by the employer to the contractor when the project is completed. This document serves as a formal record of the project's completion and serves to protect the interests of both the employer and the contractor.

Integrated Project Control (IPC) is the systematic integration of customer requirements, supplier-management values, and status information from all data sources in compatible form for rational decision-making.

IPC abbreviated for Interim Payment Certificate and it is final certificated issued by competent Authority in terms of Billing which the contractor has been claim as IPA (Interim Payment Application).

Application and Certificate for Payment means each of the requisitions and conditional waiver of liens, substantially in the form prescribed by American Institute of Architects Document G702-1992, Application and Certificate for Payment (or such other form or forms as may be approved by the Issuer in writing), as ...