speculative builder A person or organization that develops and constructs building for subsequent sale or lease. construction manager A person or organization that contracts with an owner to advise on and coordinate all phases of a building project, from evaluating the construction cost and feasibility of design decisions to managing the bidding, award and construction phases of the project. bonded Having a monetary commitment set aside to ensure that all obligations set forth in a contract are fulfilled lending institution The institution, usually a commercial bank, providing the long term financing for a construction project.
Insurance The insuring of property, life, or one's person against loss or harm arising in specified contingencies in consideration of a payment proportionate to the risk involved.
0 kommentar(er)
