Aggregates
Rock materials resulting from the disintegration of rock through crushing; also called macadam.
Ballast
Normal term for disintegrated materials, mainly rock materials, used for construction and civil engineering purposes.
Buildings/other buildings
In descriptions of operations, this term pertains to commercial buildings, mainly offices, retail outlets, shopping malls and garages.
Construction costs
The cost of constructing a building, including building accessories, utility-connection fees, other contractor-related costs and VAT. Construction costs do not include the cost of land.
Contract forms
Negotiated contract/mutual-trust contract
When NCC cooperates on an exclusive basis with the customer throughout the construction process ? from planning to final inspection.
General contract/implementation contract
When NCC conducts construction work on behalf of a client who has conducted the project-design work. NCC appoints and is responsible for the subcontractors.
Turnkey contract/design and build contract
When NCC has turnkey responsibility for a project, from the concept and project-design stage right through to completion.