Baseline
Project Accounting
Contracts
Terms That Start With The Letter "G"
Gilbane Offices
200

This portal is used for project that are OCIP.

What is Alliant portal?

200

You cannot make any labor adjustments on the forecast during this period.

What is payroll posting period? 

200

A type of contract that specifies a single price for the entire project. 

What is a LS?

200
Safety topic at the beginning of each meeting. 

What is a Gilbane Cares Moment?

200

You can play the stock market on your lunch break.

What is the New York Office?

400

This must be done before switching a job to OA or OC. 

What is 5 point reconciliation? 

400

This must be filled out by the Project Team before the forecast meeting. 

What is project vitals?

400

It is a contract that limits the maximum price that a contractor can charge an Owner for a project. 

What is a GMP?

400

Employee Resource Group (ERG) that engages, provides a community, and gives a voice to our younger generation of employees.

What is Gilbane Young Professionals (GYP) ERG? 

400

You can ring the Liberty Bell and head to this office?

What is the Philly Office? 

600
  • Fully executed Stored Material Bill of Sale
  • Fully executed Stored Material Bailment Agreement 
  • “All Risk” Insurance Certificate
  • Stored Material Inspection
  • Pictures

What are stored material documents?

600

This module is used to clear payment holds?

What is Adjust Voucher Status?

600

This includes labor, burdens and project performance incentives, etc. 

What is a general condition? 

600

Internal News Outlet. 

What is the GNET?

600
This office may not be in the Big Apple, but it is in the biggest little city in the world. 

What is the Reno Office?

800

This sheet shows Gilbane's revenue, gross profit and any profit enhancements. 

What is a profit plan/fee booking sheet?

800

A document signed by a contractor or subcontractor (the “claimant”) to prevent them from filing a lien once they have received their last payment for work performed on a construction project

What is a final unconditional lien waiver?

800

This is a budget to cover cost not anticipated in other budget line items. Can be controlled by either Gilbane or the Owner. 

What is a contingency? 

800

The financial ratio that measures the amount of sales that exceed the cost of goods sold. 

What is a gross profit?

800

You can visit a famous mouse after work. 

What is the Orlando Office?

1000

Ensure alignment with Owner contract for all financial processes and discuss job structure, potential need for sub-jobs, change management approval process, required forms and legal review of them, signing authority and reporting. 

What is a financial kickoff meeting?

1000

In WIP, cost to date + profit earned to date = ______ 

What is earned revenue? 

1000

Represents the interest of the Owner in its dealings with other construction professionals and with other private or public entities. 

What is a CM Agency? 

1000

Internal Learning & Talent Management 

What is Gilbane University?

1000

You can grab a peach and head into this office?  

What is the Atlanta Office?

M
e
n
u