Snag List (Punch List)
The list of minor defects and incomplete items identified at or near completion, to be remedied before or shortly after taking-over. A snag is not a defect and not an NCR — the terms behave completely differently in contract.
A snag is a minor cosmetic or incomplete item caught pre-handover. A defect is a failure against the contract or specification, managed post-taking-over under the defects liability regime. An NCR is a formal quality record raised during execution, carrying root cause and disposition.
The terms get blurred daily on site and they behave completely differently when it matters. A “snag” that turns out to be systemic — cracking traced to missing reinforcement, say — escalates into NCR territory, with entirely different consequences for cost, liability and the completion date.