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    GLOSSARY

    GCC

    GCC stands for General Conditions of Contract. This refers to the standard terms and conditions that govern the relationship between parties involved in a construction project.

       

    Green building

    A green building, also known as a sustainable building or eco-friendly building, is a structure that is designed, constructed, and operated to minimize its environmental impact and resource consumption while maximizing occupant health and well-being.

    Greenfield

    It refers to undeveloped land or a site that has not been previously developed or built upon. It is often used to describe parcels of land in rural or suburban areas that are being considered for new construction or development projects.

       

    Gross area

    The total floor area of a building, including all interior and exterior spaces, measured from the outside of the exterior walls.

    Ground Level

    It refers to the lowest level or floor of a building that is in direct contact with the ground or is at street level.

       

    Guarantor

    An individual or entity that agrees to be legally responsible for fulfilling the obligations of a lease or loan if the primary tenant or borrower fails to do so.

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