top out To install the highest structural member in a construction or complete the uppermost course in a masonry. construction The process of building, from site preparation through erection, assembly, and finishing operations. turn-key Of or pertaining to an arrangement under which a person or organization designs and constructs a building for sale or lease when ready for occupancy. design-build Of a pertaining to an arrangement under which a person or organization contracts directly with an owner to design and construction a building or project.

speculative builder A person or organization that develops and constructs building for subsequent sale or lease. construction manager A person or organization that contracts with an owner to advise on and coordinate all phases of a building project, from evaluating the construction cost and feasibility of design decisions to managing the bidding, award and construction phases of the project. bonded Having a monetary commitment set aside to ensure that all obligations set forth in a contract are fulfilled lending institution The institution, usually a commercial bank, providing the long term financing for a construction project. Insurance The insuring of property, life, or one's person against loss or harm arising in specified contingencies in consideration of a payment proportionate to the risk involved.

Dk ching building construction