This is a professional service that has to do with making sure that the different stages of the construction process—from planning to construction—are completed in a timely fashion.
Latest Posts
Broad Treasury Financing Rate (BTFR)
Also known as secured overnight financing rate (SOFR), this refers to a reference rate utilized to measure the cost of borrowing cash on an overnight basis in the U.S. Treasuries. Since it is backed by the U.S. Treasury, BTFR is...
Buildup Rate
This refers to the calculation you attain once you sum up all the risks of an investment plus the risk-free interest rate. It is the alternative method used to arrive at a capitalization rate for a particular real estate...
Electronic Authentication
This is a method used to provide proof that a specific document has been received electronically and that it came from the source indicated, arrived unaltered, and is genuine.
Architectural Drawing
Also known as an achitect's drawing, this is a technical drawing of a project that includes floor plans, plot plans, elevations, details, sections, schedules, and other documents that are part of architectural contracts. It is...
Contract documents
These are the complete specifications and plans for the construction of a building or a building's interior improvements. They indicate the specific manner in which a project is to be constructed for the utilization of the...
Derivative securities
These are artificially created securities, often ones that are derived from different financial instruments. The value of derivatives is based on or derived from an underlying asset or a group of assets. Most common derivatives...
Beta
In the capital asset pricing model (CAPM), beta is used to calculate the expected market return of a certain asset. Beta quantitatively measures the systemic risk or volatility of an investment or a portfolio in comparison to the...
Credit limit
Under a home equity plan, credit limit refers to the maximum amount you can borrow.
Customer Spotting Approach
This is an approach that estimates a retail area and sales or the revenue potential of a center or establishment based on the location of its existing customers. It uses point of sale (POS) information or customer surveys to...
