G

A national, not-for-profit organisation, that is committed to developing a sustainable property industry for Australia by encouraging the adoption of green building practices through market-based solutions. See Green Star.

Land which is previously undeveloped considered for commercial developments or industrial projects. (Contrast with Brownfield Site)

A comprehensive, voluntary environmental rating system which rates a building against nine environmental criteria.  There are four rating tools covering certification of design, construction and operation of buildings.   Green Star rates a building both at its design stage and after construction. Buildings can be rated between 4 and 6 stars, with 6 stars representing world leadership.. The right to promote the Green Star rating relies upon formal certification by the Green Building Council of Australia.  See Green Building Council of Australia.

A secondary agreement in which one party (the guarantor or surety) is liable for the debt or default of another party (the principal debtor), who is the party primarily responsible for the debt or obligation. A guarantee requires independent Consideration and must be evidenced in writing. (See also Warranty)

A horizontal bar chart which provides a graphical illustration of the time frame for work that helps to plan, coordinate, and track specific tasks in a project, and is frequently used in project management.

A court proceeding where a judgment creditor may obtain a court order directing a third party who owes money to, or holds money for, the judgment debtor to pay the judgment creditor. Such an order is usually obtained against a bank requiring the bank to pay money held in the account of the debtor to the creditor.

General Conditions of contract used and issued originally by the Department of Public Works (NSW) and now managed by ProcurePoint and used by a number of NSW government departments for public works contracts.