Notice of Award – A letter from an owner to a contractor stating that a contract has been awarded to the contractor and a contract will be forthcoming, which usually functions as a Notice to Proceed.
Notice to Proceed – A notice from an owner directing a contractor to begin work on a contract, subject to specific stated conditions.
Owner – An individual or corporation that owns a real property.
Performance Specifications – The written material containing the minimum acceptable standards and actions as may be necessary to complete a project. Including the minimum acceptable quality standards and aesthetic values expected upon completion of the project.
Project – A word used to represent the overall scope of work being performed to complete a specific construction job.
Project Manager – A qualified individual or firm authorized by the owner to be directly responsible for the day-to-day management and administration, and for coordinating time, equipment, money, tasks and people for all or specified portions of a specific project.
Project Site – The place where a structure or group of structures was, or is to be located, i.e., a construction site.
Project Team – Consists of the architect/engineer, construction manager, and owner representatives, plus the designated leaders of contracted vendors, suppliers, subcontractors and other consultants.
Proposal – A written offer from a bidder to the owner, preferably on a prescribed proposal form, to perform the work and to furnish all labor, materials, equipment and/or services for the prices and terms quoted by the bidder.
Purchase Order – A written document from a buyer to a seller to purchase materials, services, equipment or supplies with acceptable purchase terms indicated.