Billd Teams Up with American Express to Help Suppliers Extend Flexible Finance Terms Across U.S. Construction Industry
These typically refer to the minimum acceptable standards and results.
They define what is required for the project in terms of functionality, durability, and compliance with applicable regulations, allowing contractors and manufacturers flexibility in how they achieve those results. Performance specifications are critical in ensuring that the final construction meets the project owner's requirements while also promoting innovation and efficiency in construction practices.
May stipulate certain things and methods that meet those proposed standards.
