AISI (American Iron and Steel Institute)

The assembly of piping, structural, or mechanical components in a controlled shop environment before site installation. Subcontractors often bid prefab scope separately from field installation work. It can reduce on-site labour hours and shorten project schedules.

The ability of different software systems, tools, or equipment to work together without manual workarounds. For subcontractors, this means your timesheets, invoicing, and reporting tools can connect directly with a prime contractor's systems. It reduces double-entry errors and speeds up approvals and payments.

Fixed magnets that retain their magnetic field without external power, used in motors, sensors, and lifting equipment on job sites. Subcontractors handling this equipment must follow strict handling and storage protocols to prevent injury or tool damage. They are common in downhole tools, generators, and magnetic lifting devices.

A project delivery model where one main contractor handles all phases from design to completion, typically creating multiple subcontracting opportunities for field service companies across different project phases. For subcontractors, EPC projects often mean working under a prime contractor who coordinates all trades and manages the overall timeline and specifications.

The percentage of time a rig is actively working versus sitting idle. For subcontractors, high rig utilisation means steady billable hours and predictable revenue. Low utilisation signals contract gaps that strain cash flow and crew retention.

A control system combining electrical signals and hydraulic power to operate valves, actuators, and process equipment. Subcontractors working on commissioning or maintenance must be qualified to work on both electrical and hydraulic components. Specialised certification and intrinsically safe tools are typically required on-site.

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