The schedule of activities for a project. A Gantt Chart shows start and finish dates, critical and non-critical activities, slack time, and predecessor relationships.

A written portion of the contract documents set forth by the owner stipulating the contractor’s minimum acceptable performance requirements including the rights, responsibilities and relationships of the parties involved in the performance of the contract. General conditions are usually included in the book of specifications but are sometimes found in the architectural drawings.

(see Construction Costs and Direct Costs)

A project delivery method in which an architect is hired and completes the design process without the involvement of the contractor. When the construction documents are completed, the project is advertised for contractors to bid on. Contractors provide bids based on the total cost to complete the project and the selection of the contractor is based on price alone. Also known as Design/Bid/Build.

1. A term sometimes used to describe TI'S or Tenant Improvements. 2. Improvements can be in the form of new construction or remodel work. (see TI'S)

One free from the influence, guidance, or control of another or others and does not owe a "fiduciary duty". Example: architect, engineer, prime or main contractor, construction manager at-risk.

This is a relatively new project delivery method that has many models, each with its own unique variations. The selection process is usually based on the contractor’s qualifications, and the architect and contractor are selected separately prior to the start of design. Under IPD, the owner, architect and contractor enter into a contractual agreement outlining how they will collaborate during design and construction. This often includes agreements on the use of design and collaboration tools such as Building Information Modeling (BIM).

1. A written form of security from a surety (bonding) company to the owner, on behalf of an acceptable prime or main contractor or subcontractor, guaranteeing payment to the owner in the event the contractor fails to pay for all labor, materials, equipment, or services in accordance with the contract. (see Performance Bond and Surety Bond)

A term used to mean Tenant Improvements. Generally, this term is used when building in retail stores as contrasted with the term Tenant Improvements which are generally associated with office buildings. The terms are often used interchangeably. (see TI'S)

The right to take and hold or sell an owner’s property to satisfy unpaid debts to a qualified contractor for labor, materials, equipment or services to improve the property. (see Preliminary Lien Notice)