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Construction site safety is an aspect of construction -related activities concerned with protecting construction site workers and others from death, injury, disease or other health-related risks. Construction is an often hazardous, predominantly land-based activity where site workers may be exposed to various risks, some of which remain ...
Cost-plus contract. A cost-plus contract, also termed a cost plus contract, is a contract such that a contractor is paid for all of its allowed expenses, plus additional payment to allow for risk and incentive sharing. [1] Cost-reimbursement contracts contrast with fixed-price contract, in which the contractor is paid a negotiated amount ...
Website. www.osha.gov. The Occupational Safety and Health Administration (OSHA; / ˈoʊʃə /) is a regulatory agency of the United States Department of Labor that originally had federal visitorial powers to inspect and examine workplaces. [2]: 12, 16 The United States Congress established the agency under the Occupational Safety and Health Act ...
An incentive program is a formal scheme used to promote or encourage specific actions or behavior by a specific group of people during a defined period of time. Incentive programs are particularly used in business management to motivate employees and in sales to attract and retain customers. Scientific literature also refers to this concept as ...
Cost-plus-incentive fee. A cost-plus-incentive fee (CPIF) contract is a cost-reimbursement contract which provides for an initially negotiated fee to be adjusted later by a formula based on the relationship of total allowable costs to total target costs. [1]
The National Construction Safety Team Act (H.R. 4687), signed into law October 1, 2002, authorizes the National Institute of Standards and Technology (NIST) to establish investigative teams to assess building performance and emergency response and evacuation procedures in the wake of any building failure that has resulted in substantial loss of life or that posed significant potential of ...
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