Tag: Procurement

A B C E F H M N P Q S T W

Bond

Tags:

sum of money or securities submitted to the client (3.7.2) or placed in the hands of a third party to guarantee completion (3.5.23) and recovery of the sums which the contractor (3.7.6) is recognized as owing under the terms of the contract (3.1.2)


Client

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person or organization initiating and financing a project (3.1.3) and approving the brief (3.2.18)


Final Account

Tags:

document that states the cost (3.6.1) of the total work carried out and the total payment to be made, as accepted by the parties