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7th period Constr

TermDefinition
Addendum Supplementary documentation issued prior to the contact award that changes or clarifies information stated in the bidding documents.
Additional services Services provided over and above those designated as basic services in owner agreements with A/Es and CMs.
ACM A contractual form of the CM system exclusively preformed in an agency relationship between the construction manager and owner.
Agent A legal relationship where one party is authorized to act in behalf of another party.
Agreement A legal document that binds two or more parties to specific and implied obligations.
Ancillary Benefits Subordinate secondary benefits that automatically accrue from the performance of an unassociated prime responsibility.
Ancillary Benefits Subordinate secondary benefits that automatically accrue from the performance of an unassociated prime responsibility.
Bid A binding offer, usually expressed in dollars to provide specific services within clearly stated requirements.
Bid A binding offer, usually expressed in dollars to provide specific services within clearly stated requirements.
Bid Depository A physical location where trade contractor proposals are fled the day before general contractor bids are to be received by an owner for pickup, opening, acceptance, or rejection by general contractors bidding the owner's project.
Bid Depository A physical location where trade contractor proposals are fled the day before general contractor bids are to be received by an owner for pickup, opening, acceptance, or rejection by general contractors bidding the owner's project.
Bulletin A delineation, narrative or both describing a proposed change for pricing by a contractor(s) and for consideration as a change by the owner.
Bulletin A delineation, narrative or both describing a proposed change for pricing by a contractor(s) and for consideration as a change by the owner.
Claim A formal notice sent by a contractor to an owner asserting the fact that the terms of the contract have been breached and compensation is being sought by the contractor from the owner.
Claim A formal notice sent by a contractor to an owner asserting the fact that the terms of the contract have been breached and compensation is being sought by the contractor from the owner.
Contractor A business entity that contracts to p
Contractor A business entity that contracts to p
Addendum Supplementary documentation issued prior to the contact award that changes or clarifies information stated in the bidding documents.
Additional services Services provided over and above those designated as basic services in owner agreements with A/Es and CMs.
ACM A contractual form of the CM system exclusively preformed in an agency relationship between the construction manager and owner.
Agent A legal relationship where one party is authorized to act in behalf of another party.
Agreement A legal document that binds two or more parties to specific and implied obligations.
Ancillary Benefits Subordinate secondary benefits that automatically accrue from the performance of an unassociated prime responsibility.
Bid A binding offer, usually expressed in dollars to provide specific services within clearly stated requirements.
Bid Depository A physical location where trade contractor proposals are fled the day before general contractor bids are to be received by an owner for pickup, opening, acceptance, or rejection by general contractors bidding the owner's project.
Bulletin A delineation, narrative or both describing a proposed change for pricing by a contractor(s) and for consideration as a change by the owner.
Claim A formal notice sent by a contractor to an owner asserting the fact that the terms of the contract have been breached and compensation is being sought by the contractor from the owner.
Contractor A business entity that contracts to p
Addendum Supplementary documentation issued prior to the contact award that changes or clarifies information stated in the bidding documents.
Additional services Services provided over and above those designated as basic services in owner agreements with A/Es and CMs.
ACM A contractual form of the CM system exclusively preformed in an agency relationship between the construction manager and owner.
Agent A legal relationship where one party is authorized to act in behalf of another party.
Agreement A legal document that binds two or more parties to specific and implied obligations.
Ancillary Benefits Subordinate secondary benefits that automatically accrue from the performance of an unassociated prime responsibility.
Bid A binding offer, usually expressed in dollars to provide specific services within clearly stated requirements.
Bid Depository A physical location where trade contractor proposals are fled the day before general contractor bids are to be received by an owner for pickup, opening, acceptance, or rejection by general contractors bidding the owner's project.
Bulletin A delineation, narrative or both describing a proposed change for pricing by a contractor(s) and for consideration as a change by the owner.
Claim A formal notice sent by a contractor to an owner asserting the fact that the terms of the contract have been breached and compensation is being sought by the contractor from the owner.
Contractor A business entity that contracts to perform a defined scope of work on a construction project.
Created by: rferguson124
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