CONTRACTOR GLOSSARY · FIELD & PAPERWORK
What is a Punch list?
A punch list is the closeout list of small remaining items — fixes, touch-ups, incomplete details — that must be finished before a job is accepted as complete.
Near the end of a project, the GC or owner walks the work and lists everything still standing between "almost done" and "done": the missing cover plate, the fixture swap, the mislabeled breaker. That's the punch list, and clearing it is usually a condition of final payment and retainage release.
For subs, punch items have outsized financial gravity: a few hundred dollars of loose ends can hold five figures of retainage. Tracking punch items like real work — numbered, assigned, dated, closed — is what keeps closeout from dragging for months.
Common questions
Who creates the punch list?
Typically the GC, owner, or architect during a closeout walkthrough — but smart subs keep their own list per job so items get closed on their schedule, not discovered on someone else's.
Related terms
RevnuPros tracks the thing, not just the word
Permits to sign-off, T&M tags to signature, materials to billed through, retainage to released — built for subcontractors. Browse the full contractor glossary or the Massachusetts permit guide.
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