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Multiple Advance, Closed End: This type of loan (typically a construction loan) advances incremental amounts up to a certain limit, based upon some criteria such as inspection and approval of a draw request. Any principal reductions received during the loan period are not available to be drawn on, but rather have paid down the loan balance.
CCHT – core chart log; CCL – casing collar locator (in perforation or completion operations, the tool provides depths by correlation of the casing string's magnetic anomaly with known casing features) CCLBD – construction / commissioning logic block diagram; CCLP – casing collar locator perforation
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 ...
While interest rates are typically higher than home equity loans — currently averaging 12.33% APR for a 24-month loan but ranging from 6.94% to 35.99% — the approval process is usually faster ...
use the term errors and omissions (E&O) insurance Other professions that commonly purchase professional liability insurance include accounting, engineering, land surveying and financial services, construction and maintenance (general contractors, plumbers, etc., many of whom are also surety bonded), and transport.
Dunne and Jones both also recommend alternating between one alcoholic beverage and one non-alcoholic drink (either a mocktail, water or some bubbly seltzer to keep things feeling festive).
A graphical representation of the conceptual differences between project delivery methods. There are two key variables which account for the bulk of the variation between delivery methods: The extent of the integration of the various service providers. The extent to which the owner is directly financing the project.
The difference of even half a percentage point on your interest rate can save you hundreds of dollars a month and thousands of dollars over the life of your mortgage, but the mortgage rate you're ...