Contracting terms dictionary
Government Contracting Terms & Definitions. New businesses in the government marketplace will find many procurement-specific phrases and terms not frequently used in the private sector. The following table lists some of the most commonly used procurement-specific phases and terms along with their definitions. Dictionary of Construction Terminology. Search for glossary terms (regular expression allowed) On a construction project, the document stating the essential terms of the Construction Contract which incorporates by reference the other Contract Documents. (3) The document setting forth the terms of the Contract between the Architect and a Glossary: Defense Acquisition Acronyms and Terms. The Glossary: Defense Acquisition Acronyms and Terms contains most acronyms, abbrevia-tions, and terms commonly used in the systems acquisition process within the Department of Defense (DoD) and defense industries. It focuses on terms with generic DoD application but also Boilerplate: Standard contract clauses use universal language as a type of template. Usually found at the end of a contract, boilerplate clauses include arbitration clauses, entire agreement clauses, and force majeure clauses. Breach: When one party of the contract accuses the other party of not following the terms of the contract. The statute A contractor who enters into a contract with the owner of a project for the construction of the project and who takes full responsibility for its completion, although the contractor may enter into subcontracts with others for the performance of specific parts or phases of the project. Acquisition and contracting positions were cut during the 1990s even as the number of contractors was increasing. Why training for service contract management is mission essential The amount of business flowing through Eskimo contracting schemes has exploded in the post- 9/11 contracting boom. Glossary of Common Construction Contract Terms This glossary contains terms and their meanings that frequently are used within the context of contracts and subcontracts in the construction industry. It is intended to be used as a tool by those who review or negotiate contracts and subcontracts, both novices and the more experienced.
Glossary of Common Construction Contract Terms This glossary contains terms and their meanings that frequently are used within the context of contracts and subcontracts in the construction industry. It is intended to be used as a tool by those who review or negotiate contracts and subcontracts, both novices and the more experienced.
Glossary of Common Construction Contract Terms This glossary contains terms and their meanings that frequently are used within the context of contracts and subcontracts in the construction industry. It is intended to be used as a tool by those who review or negotiate contracts and subcontracts, both novices and the more experienced. Contract Performance Bond A written form of security from a surety company to the owner, on behalf of an acceptable prime or main contractor or subcontractor, guaranteeing the completion of the work in accordance with the terms of the contract. Contract Period Government Contracting Terms & Definitions. New businesses in the government marketplace will find many procurement-specific phrases and terms not frequently used in the private sector. The following table lists some of the most commonly used procurement-specific phases and terms along with their definitions. Contract definition, an agreement between two or more parties for the doing or not doing of something specified. See more. Contraction definition is - the action or process of contracting : the state of being contracted. How to use contraction in a sentence. We’ve put together this handy construction glossary that identifies some of the most common terms you’re likely to encounter as you get to work on your construction project. 1. Aggregate: A particulate material which is made up of sand or crushed stone. Aggregates are used in materials such as concrete and are a fundamental part of building Construction Dictionary: A comprehensive glossary of construction terms and building industry terminology listed in alphabetical order.
Most PPP projects present a contractual term between 20 and 30 years; others define PPP in their PPP policies or laws to mean a specific range of contract
contract. 1) n. an agreement with specific terms between two or more persons or entities in which there is a promise to do something in return for a valuable 15 Aug 2017 To bid on federal government contracts, you will need to learn the strange language of government contracting. Here are some of the words
contract. 1) n. an agreement with specific terms between two or more persons or entities in which there is a promise to do something in return for a valuable
Glossary of Common Construction Contract Terms This glossary contains terms and their meanings that frequently are used within the context of contracts and subcontracts in the construction industry. It is intended to be used as a tool by those who review or negotiate contracts and subcontracts, both novices and the more experienced. Broad Contracting Terms. You’ll find these common contracting terms throughout the federal government, and used in the the official Contract Opportunities Search Tool on beta.SAM.gov. beta.SAM.gov. As of November 8, 2019, beta.SAM.gov is the new official place to find government contracting opportunities from the General Services Administration. Government Contracting Terms & Definitions. New businesses in the government marketplace will find many procurement-specific phrases and terms not frequently used in the private sector. The following table lists some of the most commonly used procurement-specific phases and terms along with their definitions.
Glossary of Defense Contracting Terms (A) This Glossary provides you with the most frequently used terms in government and military base contracting. Familiarity with the language of government contracting is essential for doing business with the Department of Defense (DoD) and working with contracting offices at military bases and DoD agencies.
14 Nov 2015 Adjusts the completion date and relieves the contractor's liability to pay Define what service the Building Inspector provides in a project? 26 Apr 2019 Self-employed individuals, or independent contractors, earn income by contracting with a trade or business directly. In most cases, the
A provision of a futures contract that allows buyers and sellers to make and take delivery under terms or conditions that differ from those prescribed in the contract. Associated Owners and Developers: an American organisation that publishes a lump sum contract. Application. This usually means an application by a contractor In other words, a contract is enforceable when both parties agree to something, back the promise up with money or something of value, both are in sound mind Contract Modification: Any written change in the terms of a contract. Contract, Requirements Type: (open-end contracts) A form of contract covering long-term requirements used when the total quantity required cannot be definitely fixed but can be stated as an estimate or within maximum and minimum limits, with deliveries on demand. Such A contract terms glossary is a short dictionary of contract terms.. A. Abeyance — Momentary suspension of activity. Abscond — To run away to avoid prosecution. Accord and satisfaction — An agreement that puts an end to obligations and settles a legal dispute between two or more entities. Contracting definition, an agreement between two or more parties for the doing or not doing of something specified. See more.