General contracting definition

General contracting means a construction method wherein a general contracting firm is responsible for constructing and managing a building project under the award of a single aggregate lump sum or guaranteed maximum price contract.
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General contracting means a form of project delivery where the contractor provides a fixed stipulated lump sum (AIA A101) for a scope of work developed by the architectural and engineering design team. A contractor engaged to deliver a construction project using this approach is referred to as a “General Contractor.”
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General contracting means constructing and managing an entire public improvement project, including the branches or classes of work specified in division (B) of this section, under the award of a single aggregate lump sum contract.
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Examples of General contracting in a sentence

  • Therefore, Xxxxx Xxxxxxxx and Xxxx Xxxxxx were considered to have interests in the General Contracting Agreement, and have abstained from voting on the resolution on the connected transaction under the General Contracting Agreement under the Listing Rules.

  • Accordingly, the transaction under the General Contracting Agreement constitute connected transaction of the Company.

  • The contract fee is the successful bid price submitted by ATEGC in the tender for the provision of service under the General Contracting Agreement.

  • As one or more of the applicable percentage ratios in respect of the transaction contemplated under the General Contracting Agreement is more than 0.1% but all are less than 5%, the transaction contemplated under the General Contracting Agreement is exempted from the requirement of approval by independent shareholders of the Company, but shall be subject to the announcement and annual reporting requirements under Chapter 14A of the Listing Rules.

  • Save as aforesaid, none of the directors has any material interests in the General Contracting Agreement and is required to abstain from voting on the relevant Board resolution.

  • At the forty-fourth meeting of the ninth session of the Board of the Company held on 28 March 2024, the resolution in relation to the approval of the General Contracting Agreement was considered and approved.

  • The Board (including the independent non-executive directors) considers that the transaction under the General Contracting Agreement is (i) fair and reasonable; (ii) conducted on normal commercial terms or better terms in the ordinary and usual course of business of the Company; and (iii) in the interests of the Company and its shareholders as a whole.

  • To ensure that the price is in line with normal commercial terms, the General Contracting Agreement shall be awarded to a service provider selected by way of open tender.

  • The fees under the General Contracting Agreement shall be paid by the Company to ATEGC within 42 days after the acceptance inspection of the project, and 3% of the project payments shall be withheld as the warranty deposit.

  • The construction period of the upgrading project under the General Contracting Agreement shall be 6 months and the actual commencement time of the project shall be subject to the commencement notification issued by the supervision engineer.


More Definitions of General contracting

General contracting means work, other than heavy construction, mechanical and electrical and specialty work consisting of construction activities normally located in or on buildings including work directly supporting these activities.
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General contracting means (i) any activity requiring a
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Related to General contracting

  • General Contractor means a person or entity duly licensed in the state of Florida with the requisite skills, experience and credit worthiness to successfully provide the units required in the Application, and which meets the criteria described in Rule 67-48.0072, F.A.C.

  • Sub-contracting means the primary contractor’s assigning or leasing or making out work to, or employing another person to support such primary contractor in the execution of part of a project in terms of the contract.

  • Central Contracts and Legal Services means the DSHS central headquarters contracting office, or successor section or office.

  • Subcontracting means any action, practice, or effort by an

  • Construction management contract means a contract in which a party is retained by the owner to

  • Contracting means engaging in business as a contractor.

  • Residential contractor means a licensed contractor that holds an endorsement as a:

  • Services Contract means an agreement for the provision of Services entered into with a Provider by one or more of the Partners in accordance with the relevant Individual Scheme. Service Users means those individual for whom the Partners have a responsibility to commission the Services. SOSH means the Secretary of State for Health.

  • Other Contractor means any party or parties having a direct Contract with the Employer for Work outside the scope of this Contract and shall include any Sub-Contractor of this “Other Contractor”

  • Contractor means the individual or entity, that has entered into this contract with the Commonwealth.

  • Construction Contract or “contract” means a written agreement between a contractor and a public agency for the construction, alteration, demolition, or repair of a facility, other than a contract having a dollar value of less than $30,000.00 or a contract that provides for 3 or fewer payments.

  • resident of a Contracting State means any person who, under the laws of that State, is liable to tax therein by reason of his domicile, residence, place of management or any other criterion of a similar nature, and also includes that State and any political subdivision or local authority thereof. This term, however, does not include any person who is liable to tax in that State in respect only of income from sources in that State.

  • Construction Contracts means the contracts between Lessee and Contractors for the furnishing of labor, services or materials to the Leased Premises in connection with the construction of the Improvements.

  • Project Contract means a Project Contract as such term is defined in the RfP; “Proposal” means a Proposal as such term is defined in the RfP;