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Glossary
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Insurance Coverage

Insurance Coverage

What is it?

This document guarantees the owner that the contractor is financially capable of completing the work, under the terms and conditions mentioned in the contract.

Definition

HVAC stands for Heating, Ventilation, and Air Conditioning. It refers to the systems and technologies used to regulate indoor climate conditions, including temperature, humidity, and air quality. HVAC systems are crucial for maintaining comfort and health in residential, commercial, and industrial buildings. They include components such as furnaces, air conditioners, ductwork, and ventilation systems.

Example

Protection against potential risks and losses on a construction project.