contractual basis for valuing construction work, consisting of a series of descriptive items detailing construction work to be done by a contractor (3.7.6), and against each of which a money value is entered by him or consisting of an officially recognized list of descriptive items detailing construction work and the price
Tag: Procurement
Short Listing
The process by which an owner selects the most qualified respondents or pre-qualified firms to be invited to submit a proposal in response to an RFP.
Sub-contractor
contractor (10.5) to whom a main contractor (10.7) has contracted part of their work
Substantial Completion
Substantial Completion means satisfactory accomplishment of sufficient work by acontractor so that the resultant product can be used for its intended purpose.