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Turnkey construction contract |
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Turnkey construction contractA type of construction contract under which the construction firm is obligated to complete a project according to prespecified criteria for a price that is fixed at the time the contract is signed.Turnkey construction contract Similar MatchesInternational Bank for Reconstruction and Development (IBRD)International Bank for Reconstruction and Development (IBRD)Also commonly called the World Bank. It is a United Nations affiliated institution that assists in the development of its poorer members by facilitating private investments, and by making and guaranteeing loans. Veneered ConstructionVeneered ConstructionThe placing of a facing material over the external surface of a structure. International Bank for Reconstruction and Development (IBRD)International Bank for Reconstruction and Development (IBRD)IBRD or World Bank makes loans at nearly conventional terms to countries for projects of high economic priority. Construction loanConstruction loanA short-term loan to finance building costs. Wall Bearing ConstructionWall Bearing ConstructionWeight of roofs and floors supported entirely by the exterior walls, with no load-bearing partitions. Posts and pillars are used at points where the span is too wide for exterior wall support. |
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