Glossary entry

Dutch term or phrase:

aanneemovereenkomst

English translation:

(turnkey) construction / building contract

Added to glossary by Ken Cox
Jun 27, 2005 12:32
18 yrs ago
2 viewers *
Dutch term

aanneemovereenkomst

Dutch to English Bus/Financial Business/Commerce (general)
Same general context as my previous question (zakelijke vergoeding). I suspect that this is a specific form of agreement/contract.

Specific context:

De bouwers (YYY en ZZZ) zullen rechtstreeks een turnkey aanneemovereenkomst gaan afsluiten met de SPC (exploitant). In deze aanneemovereenkomst zullen deeltermijnen worden opgenomen zodat de bouwers beperkt tot geen financiering voor dit project nodig hebben.
Proposed translations (English)
4 +5 (turnkey) construction contract

Proposed translations

+5
4 mins
Selected

(turnkey) construction contract

...

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Note added at 5 mins (2005-06-27 12:37:36 GMT)
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Definition
A type of construction contract under which the construction firm is obligated to complete a project according to prespecified criteria for a price that is fixed at the time the contract is signed.


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Note added at 7 mins (2005-06-27 12:39:57 GMT)
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Financial dictionary: Turnkey construction contract - Glossary Turnkey construction contract.
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Technical Analysis Glossary Turnkey construction contractTechnical Analysis Glossary and Turnkey construction contract for type and firm for complete and price.
www.trading-glossary.com/t0338.asp - 31k - Cached - Similar pages



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Note added at 12 mins (2005-06-27 12:44:17 GMT)
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As Jarry rightly points out.......

This methodology involves the developer negotiating a turnkey building contract with a builder of financial strength or bank borrowing capacity, ...
www.propertyoz.com.au/data/ info/magazine/info/9908/constr.htm - 13k - Cached - Similar pages


ProtekonProtekon awarded US$ 4.5 million turnkey building contract. Protekon has secured an important R27 million (US$ 4.5 million) contract that forms part of ...
www.protekon.co.za/news.php - 35k -

Peer comment(s):

agree jarry (X) : or building contract, since the parties are builders :-)
4 mins
yep! :-)
agree Christopher Smith (X)
9 mins
thanks Christopher
agree Robert Kleemaier
31 mins
thanks
agree Jack den Haan : Agree with Jarry too! Financieel Economisch Lexicon [De Keizer]: aannemingsovereenkomst = building contract.
1 hr
thanks
agree Dave Calderhead
5 hrs
thanks Dave
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "Many thanks (and the nice thing about only one answer is that it's easy to decide who gets the points...)"
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