AS4122-2010
General conditions for the engagement of engineers, architects and similar consultants, replacing AS4122-2000.
Availability Guarantee
A guarantee that a certain amount of equipment will be available to operate at any given time. They are generally provided by a contractor in operation and maintenance (O&M) contracts for energy projects, where the O&M contractor guarantees that a specified amount of equipment will be available and capable of producing energy at the relevant times. Liquidated damages may be charged for a failure to maintain availability.
Autonomous Vehicle
Driverless vehicle, controlled by a computer rather than a human driver. (See also CAV)
Authorised Nominating Authority (ANA)
A person authorised under security of payment legislation to nominate persons to determine adjudication applications made in relation to a payment claim.
ARI (average recurrent value)
A term commonly used in in the context of a flood event. particularly for transport infrastructure, such as rail. For example, a 1:100 ARI would mean that the flood event is a one in one hundred years flood event.
Administrative Completion
A stage of completion in some building contracts at which the builder is required to hand over administrative documents such as as-built drawings, subcontractor warranties and operating manuals. Usually occurs after practical completion.
Adjoining Owner
The owner of any adjoining or neighbouring land to the construction site. Typically the counterparty to an access deed.
Aconex
A cloud based project information and process management software system used for exchanging notices and documents on construction projects.
Assignment
The transfer of a contractual right or benefit from one party to a Contract to a third party. At common law, this may be done without the consent of the other party that provides the right or benefit. Only the benefit of a Contract may be assigned, not the burden (as distinct from novation, in which both benefits and burdens may be transferred). (Contrast with Novation)
Attachment Order
A court order for the automatic deduction of monies from a person's income or payments to pay off an outstanding debt owed to another party. The money owed may be for work carried out or materials supplied by the unpaid person. (See for example Contractors Debts Act 1997 No 110 (NSW) section 14).