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Lump sum turnkey (LSTK) is a combination of the business-contract concepts of lump sum and turnkey.Lump sum is a noun which means a complete payment consisting of a single sum of money while turnkey is an adjective of a product or service which means product or service will be ready to use upon delivery.
The Clearing House is a banking association and payments company owned by the largest commercial banks in the United States. The Clearing House is the parent organization of The Clearing House Payments Company L.L.C., which owns and operates core payments system infrastructure in the United States, including ACH, wire payments, check image clearing, and real-time payments [1] through the RTP ...
Reinforced thermoplastic pipe (RTP) is a type of pipe reinforced using a high strength synthetic fibre such as glass, aramid or carbon. It was initially developed in the early 1990s by Wavin Repox, Akzo Nobel and by Tubes d'Aquitaine from France, who developed the first pipes reinforced with synthetic fibre to replace medium pressure steel pipes in response to growing demand for non-corrosive ...
The Clearing House Interbank Payments System (CHIPS) is a bank owned automated funds-transfer system for domestic and international high value payment transactions in U.S. dollars. It is a real-time final settlement payment system that continuously matches, off-sets and settles payments among international and domestic banks. [3]
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 ...
Capital project management software (CPMS) refers to the systems that are currently available that help capital project owner/operators, program managers, and construction managers, control and manage the vast amount of information that capital construction projects create. A collection, or portfolio of projects only makes this a bigger challenge.
RTP is already undergoing a $1.5 billion transformation with Hub RTP, which will be the park’s “downtown.”. Hub RTP includes offices and Boxyard, a collection of shipping containers filled ...
The following list includes projects to build new highways or improve existing ones, including roadways, bridges, and tunnels. It includes only projects that are underway or completed. Additionally, projects with multiple independent segments (e.g., I-69 Indiana-Texas Extension , Trans-Texas Corridor ) are not included, though individual ...