Category
page 1Facilities engineering
turnkey
A turnkey project (or turnkey operation) is one constructed so it can be sold to a buyer as a completed product. This is contrasted with build to order, where the constructor builds an item to the buyer's exact specifications, or when an incomplete product is sold with the assumption that the buyer would complete it.
acceptance testing
test conducted to determine if the requirements of a specification or contract are met
Engineering, procurement and construction
form of contracting arrangement
Liquidated damages
damages which are liquidated/assessed and fixed at the date of the contract