Search results
Results From The WOW.Com Content Network
Contract management or contract administration is the management of contracts made with customers, vendors, partners, or employees.Contract management includes negotiating the terms and conditions in contracts and ensuring compliance with the terms and conditions, as well as documenting and agreeing on any changes or amendments that may arise during its implementation or execution.
The first contract is the owner-designer contract, which involves planning, design, and construction contract administration. The second contract is the owner-contractor contract, which involves construction. An indirect third-party relationship exists between the designer and the contractor, due to these two contracts. An owner may also ...
A management contract is an arrangement under which operational control of an enterprise is vested by contract in a separate enterprise that performs the necessary managerial functions in return for a fee. Management contracts involve not just selling a method of doing things (as with franchising or licensing) but actually doing them. A ...
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 regardless of incurred ...
The Metropolitan Corporation (MC) (Urdu: بلدیہ عظمی) is a municipal authority established under the local governments in Pakistan.According to Local Governments Act of Punjab, Sindh, Khyber-Pakhtunkhwa, Balochistan, Gilgit-Baltistan, and Azad Jammu and Kashmir, the Metropolitan Corporation is a corporate entity with perpetual succession, a seal, and the authority to purchase, keep ...
The word syndicate comes from the French word syndicat which means "administrator" or "representative" (syndic meaning "administrator"), from the Latin word syndicus which in turn comes from the Greek word σύνδικος (syndikos), which means "caretaker of an issue"; compare to ombudsman or representative.
The National Engineering Services Pakistan (Urdu: قومی خدماتِ مہندسی پاکستان), commonly known as NESPAK, is a Pakistani state-owned enterprise and an energy contractor which provides consulting, construction, engineering, and management services globally. [2]
Islamic finance theorist Muhammad Taqi Usmani lists seventeen "Basic Rules of Leasing" (leasing referring to Islamic leasing which Usmani uses interchangeably with ijarah) in his work Islamic Finance: Principles and Practice — although "the principles of ijarah are so numerous that a separate volume is required for their full discussion". [5]