Archives: Glossary Terms

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

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.

Building systems designed to protect occupants during emergencies, including fire alarms, sprinklers, exit signage, and emergency lighting.

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

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

Safety procedure that ensures dangerous machines are properly shut off and cannot be started during maintenance or servicing.