Glossary.

A broker-issued summary of a subcontractor's insurance coverage, limits and dates, required before a sub starts work and often checked again before payment.

The payroll report a contractor files on covered public works jobs under prevailing wage law, listing each worker's classification, hours, rates and fringes.

A document giving up the right to a mechanics lien for the amount a payment covers, exchanged for payment; conditional or unconditional, progress or final.

How construction bills: the periodic application for payment from the schedule of values, with work completed, stored materials, retainage and the amount due.

The part of each progress payment, often five to ten percent, held back from the contractor and from subs until the work is accepted.

The report of each job's contract value, estimated cost, cost to date, percent complete, earned revenue and billings, showing over and under billings.

ChatGPT Actions are OpenAI's mechanism for letting ChatGPT, including Custom GPTs, call external APIs to fetch data or perform tasks during a conversation.

Model Context Protocol (MCP) is an open standard that lets AI tools such as Claude, Cursor and Copilot reach outside data and tools through one interface.

Connecting project-management software such as Procore, Autodesk Construction Cloud and Primavera with construction ERPs such as Sage 300 CRE, Vista and CMiC.

Copying operational data from ERPs, project tools and GIS into an analytical warehouse such as Snowflake, Synapse, BigQuery or PostgreSQL for querying.

Connecting geographic information systems such as Esri ArcGIS with ERP, financial and asset systems so spatial assets and their records stay in step.