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Invitation to Tender (ITT)
The initial step in competitive tendering, in which suppliers and contractors are invited to provide offers for supply or service contract. Invitations […]
Insurance binder
See cover letter.
Integrated workplace management (IWMS)
An enterprise-level software platform that facilitates integration of data to create certain functionalities—usually in the areas of project management, real estate administration […]
Intangible assets
Assets that have no physical substance. Intellectual property (items such as patents, trademarks, copyrights, business methodologies), goodwill and brand recognition are all […]
International Financial Reporting Standards (IFRS)
A set of international accounting and reporting guidelines and rules that organizations can follow when compiling financial statements.
Indirect costs
Costs that are spread over a period of time, regardless of specific activities. For example, yearly insurance premiums.
Internet
A global system of interconnected computer networks that use the standard Internet protocol suite.
Indoor air quality (IAQ)
Refers to both the quantity of outside (fresh) air and the quality of air within the facility.
Indoor environmental quality (IEQ)
The strategies and systems used to provide occupants with a healthful, comfortable and safe workplace. It generally focuses on temperature and relative […]
Integrated project delivery
A technique that focuses on early collaboration and data sharing to maximize the final value for the owner in the form of […]