Load-bearing wall

A wall that supports structural weight from above and transfers it to the foundation. Get real-time pricing for labor and materials with Projul.

Loss Control

Strategies and practices implemented to reduce the frequency and severity of losses, such as accidents, damages, or claims. In construction, loss control involves safety programs, risk management, and quality assurance to protect assets and profitability.

Low Bid Procurement

A method where the contract is awarded to the bidder proposing the lowest price that meets all requirements.

Lump Sum Contract

A type of construction agreement where the contractor agrees to complete the project for a fixed price. The contractor assumes the risk of cost overruns, providing cost certainty to the client but requiring accurate cost estimation. Create and get construction...

Maintenance

The ongoing care and upkeep of a building or infrastructure to ensure it remains in good condition and operates efficiently. Maintenance services may include repairs, inspections, and routine servicing.