Leveling Course

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A thin layer of material, typically asphalt or concrete, applied to create a smooth, even surface before final pavement or flooring installation.

Life Cycle Cost Analysis

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A method for assessing the total cost of facility ownership, taking into account all costs of acquiring, owning, and disposing of a building or system.

Life-Cycle Cost Analysis (LCCA)

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A method used to evaluate the total cost of ownership of a building, including construction, maintenance, and operational expenses.

Liquidated Damages (LDs)

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A pre-agreed financial penalty imposed on contractors for failing to meet project deadlines or performance obligations.

Load-Bearing Wall

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A structural wall that carries weight from the floors or roof above and transfers it to the foundation.

Make-Up Air Unit (MAU)

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A ventilation system component that supplies fresh outdoor air to replace exhausted air, maintaining indoor air quality and pressure balance.

Manhole

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An access point to underground utilities, such as sewer lines or electrical conduits, used for maintenance and inspection.

Mass Timber Construction

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A building method that uses engineered wood products, such as cross-laminated timber (CLT), for large structural components.

Master Schedule

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A high-level timeline integrating all major project tasks.

Material Takeoff (MTO)

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A detailed list of materials required for a construction project, used for estimating costs and procurement planning.