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Law

Of or pertaining to the system of rules which a particular country or community recognizes as regulating the actions of its members and which it may enforce by the imposition of penalties.

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Law > Contracts

approved brand specification

Law; Contracts

A clause in a contract which allows a designated brand name item to be substituted with another product that meets the same specifications as the designated item. Also called ...

approved change

Law; Contracts

Alteration or modification of any aspect of a contract, included after following the change approval process mutually agreed upon between the contractor and the owner of the ...

approved-brands specification

Law; Contracts

In supply contracts, a bid specification citing a specific brand and model or a certain manufacturer's product. This type of specification does not allow equivalent brands or ...

arbitration

Law; Contracts

Settlement of a dispute (whether of fact, law, or procedure) between parties to a contract by a neutral third party (the Arbitrator) without resorting to court action. Arbitration ...

arbitration clause

Law; Contracts

Provision, included in certain construction, insurance, labor, sale, or other types of contracts, requiring settlement of disputes through arbitration instead of litigation. Often ...

architect

Law; Contracts

Qualified professional who designs and supervises the construction of buildings or other structures. See also information architect.

arbitrator

Law; Contracts

Neutral third party to whom disputes between parties to a contract are submitted for a decision ('award') based only on his or her discretion. An ad hoc arbitrator is one who ...