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Recruiter's Glossary
Industry
Examples:
Mobilization
•
CM at Risk
•
Progress Billing
Contracting Terms
Understanding these terms will help you better evaluate candidates and communicate with hiring managers
Substantial Completion
Unit Price
Bid Package
O&M Manuals
Time and Materials
AIA Documents
Mobilization
Addendum
General Conditions
Project Schedule
Design-Build
Demobilization
Site Conditions
GMP (Guaranteed Maximum Price)
JOC (Job Order Contracting)
Scope of Work
As-Built
IPD (Integrated Project Delivery)
Pre-Qualification
Cost Plus
Hard Bid
Notice to Proceed
Special Conditions
Subcontractor
Prime Contractor
Milestone
Change Directive
Retention
CM at Risk
Lien Waiver
Payment Application
Punch List
Closeout Documents
Critical Path
Progress Billing
Final Completion
Float Time
Warranty Period
Back Charge
Release of Liens
Payment Bond
Bid Bond
Force Majeure
Liquidated Damages
Design-Bid-Build
Lump Sum
Schedule of Values
Progress Payment
Performance Bond
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