building contract
21Building information modeling — (BIM) is the process of generating and managing building data during its life cycle[1]. BIM involves representing a design as objects – vague and undefined, generic or product specific, solid shapes or void space oriented (like the shape of a… …
22contract price — Literally, the amount to be paid under a contract of sale, a contract to render services, or a construction contract. In a contract for the construction of a building, the words contract price were held to mean not the abstract price or amount… …
23contract out — phrasal verb Word forms contract out : present tense I/you/we/they contract out he/she/it contracts out present participle contracting out past tense contracted out past participle contracted out 1) [intransitive] British to agree by a written… …
24contract bond — ˈkänˌtrakt noun : a bond or other form of indemnity agreement to indemnify one against loss or damage by reason of the breach of a contract (as for building, construction, or supply) * * * an indemnity agreement to protect against loss due to… …
25building line — noun : a line usually set with respect to the frontage of a plot of land which is fixed by statute or by deed or contract and beyond which the owner of the land may not build * * * (on a building lot) a line within, or coinciding with, the… …
26building is covered — A phrase in a binder or contract of temporary insurance which means that the building is covered pending the issuance of a complete policy of insurance, or the rejection of the application for insurance, as it would be by an insurance policy in… …
27collateral contract — collateral warranty or collateral contract The meaning of this term differs depending on the context in which it is used: • In the general law of contract, a term or contract which runs outside the main written contractual agreement between the… …
28National Building Specification — The National Building Specification, and now known as the NBS, is a British based system of construction specification used by architects and other building professionals to describe the materials, standards and workmanship of a construction… …
29turn-key contract — n. A building contract in which the contractor assumes all risks and performs all work, leaving the owner of the project nothing to do toward its construction but “turn the key” to open the door once it is finished. The Essential Law Dictionary.… …
30New-construction building commissioning — Building commissioning is the process of verifying, in new construction, that all the subsystems for HVAC, plumbing, electrical, fire/life safety, building envelopes, interior systems (example laboratory units), cogeneration, utility plants,… …
