We have a project that is retaining most of the interior walls, but the walls are to receive new wall covering materials. The credit language, mentions "finished" walls, but does not mention wall coverings as it does floor coverings. Can we include a wall's area in our "Retained Components" if it is to receive new finishes?
Yes, this is what is meant by the credit language because it is about the non-structural wall as a component, despite whether you re-paint or refinish the wall. The floor coverings are the non-structural element of the floor, which is why they talk specifically about floor coverings as opposed to the sub floor. Hope this helps!