Completion
See Practical Completion (PC).
Completion Certificate
See Certificate of Practical Completion.
Compliance Schedule
A schedule setting out criteria to be complied with, and a time by which compliance must be achieved.
Compulsory Acquisition
The acquisition of land by a government Authority with no consent of the owner of that land required. The acquisition must be 'on just terms' which typically involves payment to the owner of fair, timely compensation which approximates market value of the property.
Collateral Contract
A Contract which is ancillary or related to, and the consideration for is the making of, some other Contract.
Concession Agreement or Deed
An agreement by a government to grant particular privileges to another entity. In the construction context, concessions are often effected by deeds that entitle a private entity to build public infrastructure.
Collateral Security
Security for a debt or the performance of an obligation which is provided in addition to a primary form of Security.
Concessionaire
The entity to which a concession is granted under a Concession Agreement.
Cap on Liability
Limit of Limitation of Liability for a defined cause of action to a specified or maximum amount.
Carbon Tax (Carbon Price)
This system puts a price on the carbon pollution that a nation's largest polluters produce. Carbon taxes have been rejected by Australia's parliament in favour of an emissions trading scheme.