Search results
Results From The WOW.Com Content Network
The EPC contractor coordinates all design, procurement and construction work and ensures that the whole project is completed as required and in time. They may or may not undertake actual site work. EPC companies are often used in large-scale projects, such as power plants, refineries, chemical processing facilities, infrastructure projects, and ...
GMR Group is an Indian multinational conglomerate headquartered in New Delhi.The group was founded in 1978 by Grandhi Mallikarjuna Rao and comprises several companies including GMR Infrastructure, GMR Energy, GMR Airports, and GMR Enterprises.
It may be the entity who first designed the part (that is, the ODA), but today it is also likely to be a designated successor entity, owing to mergers and acquisitions (M&A) activity (e.g., ODA company was bought by CDA company); contract letting (e.g., an Army engineering department ODA turns over the design activity to the prime contractor ...
Time and materials (T&M) is a standard phrase in a contract for construction, product development, or any other piece of work in which the employer agrees to pay the contractor based upon the time spent by the contractor's employees and the subcontractors' employees to perform the work, and for materials used in the construction, plus the contractor's markup on the materials used, no matter ...
The company was founded by J. R. D. Tata to create a complete consortium that would take on projects, Division of Tata Sons for engineering procurement and construction projects. [ 3 ] Founded in 1979, the company carries out industrial and urban infrastructure projects.
Virtual design and construction (VDC) is the use of integrated multi-disciplinary performance models of design-construction projects, including the Product (i.e., facilities), Work Processes and Organization of the design - construction - operation team in order to support explicit and public business objectives.
Construction cost management is a fee-based service in which the construction manager (CM) is responsible exclusively to the owner, acting in the owner's interests at every stage of the project. The construction manager offers impartial advice on matters such as: Optimum use of available funds; Control of the scope of the work; Project scheduling
ABM's growth continued throughout the post-war years and the company went public in 1962 in the over-the-counter market [10] with Ted serving as chairman and Sydney as CEO. [7] Ted remained involved with ABM until his death in 2010 [ 9 ] serving on the board of directors and the late Sydney retired as a director in December 1997.