Deposit
Deposit is money posted to secure obligations, access diligence rights, or show commitment. In powered-land and utility processes, deposits may be refundable, non-refundable, milestone-based, or credited against future costs.
Read definition →Jurisdictional determination
Jurisdictional determination is the process or finding that identifies whether waters or wetlands on a site are subject to federal jurisdiction. It is an early due-diligence item for large land sites.
Read definition →Automatic transfer switch
Automatic transfer switch transfers load between normal and alternate sources, commonly utility and generator sources. Transfer timing, testing, bypass, maintenance, and control sequence are important for uptime-sensitive facilities.
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