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  2. New Engineering Contract - Wikipedia

    en.wikipedia.org/wiki/New_Engineering_Contract

    The Engineering and Construction Short Subcontract (ECSS) Allows the contractor to sub-let a simpler lower risk contract down the line to a subcontractor. It is back-to-back with the ECSC but is frequently used as subcontract when the main contract is under the ECS.

  3. Construction contract - Wikipedia

    en.wikipedia.org/wiki/Construction_contract

    A commercial contract is an agreement containing all the work that should be performed for the construction of a commercial building or non-residential building. A skillfully constructed commercial contract can protect both parties' interests, minimize risks, and increase profitability for the contractor.

  4. Joint Contracts Tribunal - Wikipedia

    en.wikipedia.org/wiki/Joint_Contracts_Tribunal

    A design agreement between an employer and a specialist designer; Forms of tender for issue by an employer to prospective main contractors and for issue by a main contractor to prospective subcontractors and for issue by a subcontractor to prospective sub-sub-contractors; A form of contract for the supply of goods;

  5. Retainage - Wikipedia

    en.wikipedia.org/wiki/Retainage

    An agreement is entered into by the two parties and a third party known as a surety provider, who acts as a guarantor between the two parties. The agreement states that cash retentions will not be used and, instead, the surety provider agrees to pay up to the amount which would have been held as a cash retention if the contractor or ...

  6. Subcontractor - Wikipedia

    en.wikipedia.org/wiki/Subcontractor

    Subcontractor further agrees that Owner's payment to Contractor of all progress payments and final payment for any work performed by Subcontractor, other Subcontractors and Contractor shall be an express condition precedent to any obligation of Contractor to make any progress payment, retainages, or final payment to Subcontractor, and ...

  7. Jimmy Butler trade seems inevitable, but there are complications

    www.aol.com/jimmy-butler-trade-seems-inevitable...

    After the game, Butler told reporters, "I want to see me getting my joy back playing basketball. Wherever that may be, we’ll find out here pretty soon. I’m happy here off the court, but I want ...

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