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In Mechanics lien law a Preliminary Notice (also known as a Notice to Owner, Materialmens Notice to Owner, Notice of Furnishing, Contractor/Subcontractors Notice to Owner, and others) is a notice sent by the general contractor, subcontractor, materialmen, equipment lessors or other parties to a construction project not to create a Mechanics lien but rather to establish the right to file a ...
In the mechanics lien process, a lien waiver is a document from a contractor, subcontractor, materials supplier, equipment lessor or other party to the construction project (the claimant) stating they have received payment and waive any future lien rights to the property (of the owner) for the amount paid.
A sample is a physical portion of the specified product. Some samples are full product samples, such as a brick or section of precast concrete, or a partial sample that indicates color or texture. [2] The product sample is often required when several products are acceptable, to confirm the quality and aesthetic level of the material.
Sample letter of explanation. Date Lender name. Lender address. ... In the example above, the borrower includes a letter from their employer that supports the claim that they have returned to work ...
A letter of intent (LOI or LoI, or Letter of Intent) is a document outlining the understanding between two or more parties which they intend to formalize in a legally binding agreement. The concept is similar to a heads of agreement , term sheet or memorandum of understanding .
Sectional completion refers to a provision within a construction contract which allows different completion dates for different sections of the works. This is common in larger projects which are completed in stages, allowing the client to take possession of the completed parts whilst construction continues on others. [26]
For example, one cannot obtain permission to build a nightclub in an area where it is inappropriate such as a high-density suburb. [4] [5] The criteria for planning permission are a part of urban planning and construction law, and are usually managed by town planners employed by local governments. [6] [7]
Construction supply chain management assists enterprises by helping to improve competitiveness, increase profits and have more control over the different factors and variables within the project. [ citation needed ] A. Cox and P. Ireland illustrated the myriad of construction supply chains which constitute the main flows within the construction ...