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A subcontractor who contracts with the main contractor to supply or fix any materials or goods or execute work forming part of the main contract. Essentially this contractor is employed by the main contractor. Nominated subcontractor. Certain contracts permit the architect or supervising officer to reserve the right of the final selection and ...
Engineering, procurement, and construction. Engineering, procurement, and construction (EPC) contracts (a type of turnkey contract) are a form of contract used to undertake construction works by the private sector on large-scale and complex infrastructure projects. [1]
Mechanic's lien. A mechanic's lien is a security interest in the title to property for the benefit of those who have supplied labor or materials that improve the property. The lien exists for both real property and personal property. In the realm of real property, it is called by various names, including, generically, construction lien.
The contractor, subcontractor, or supplier may have a preference for one of these products, based on price, availability, quality, workability, or service. Samples are usually stored at the jobsite and compared to the material delivered and installed.
A contract manufacturer (CM) is a manufacturer that contracts with a firm for components or products (in which case it is a turnkey supplier). It is a form of outsourcing. A contract manufacturer performing packaging operations is called copacker or a contract packager. Brand name companies focus on product innovation, design and sales, while ...
The global market for Electronics Manufacturing Services (EMS) reached an estimated value of US$504.2 billion in 2023 and is projected to grow at a CAGR of 4.94% during the forecast period 2024-2030, reaching a revised size of US$707.5 billion by 2030. [5] The EMS industry is commonly divided into Tiers by their revenue: [6] Tier 1: >$5 Billion.
General Contractors are mainly responsible for the overall coordination of a project and may also act as building designer and construction foreman (a tradesman in charge of a crew). A general contractor must first assess the project-specific documents (referred to as a bid, proposal, or tender documents). In the case of renovations, a site ...
A shop drawing is a drawing or set of drawings produced by the contractor, supplier, manufacturer, subcontractor, consultants, or fabricator. [1] Shop drawings are typically required for prefabricated components. Examples of these include: elevators, structural steel, trusses, pre-cast concrete, windows, appliances, cabinets, air handling units ...