The total value of contracted work that has been awarded but not yet completed. A healthy backlog signals steady upcoming revenue and helps subcontractors plan crew deployment and equipment needs. Thin backlogs often signal the need to ramp up bidding activity.
Backlog
Related Terms
Capacity Charge
Cash FlowA fee billed to clients to reserve your crew, equipment, or services during a set period — whether fully utilised or not. It protects subcontractors from revenue loss during standby or low-demand phases. Common in long-term service agreements for drilling, frac, or maintenance contracts.
Pay-When-Paid
Cash FlowA contract clause where a general contractor delays paying subcontractors until the owner pays them first. This shifts financial risk downstream to subcontractors and field service companies. Review these clauses carefully, as they can significantly impact your cash flow on long projects.
CAPE (Consolidated Administration and Processing of Entries)
Cash FlowA centralised system used by operators to consolidate and process contractor timesheets, work records, and billing entries. Subcontractors submit field data through CAPE to trigger payment and compliance verification. Accurate, timely entries are critical to avoiding payment delays.
Cash Price
Cash FlowA fixed, all-in rate quoted to a client that requires no further negotiation or adjustments. Subcontractors often offer a cash price to secure faster payment or simplified invoicing. It typically excludes extras like mobilisation, standby time, or material markups.
Geopolitical Risk Premium
Cash FlowAn added cost built into project contracts to account for instability in regions where work is performed. For subcontractors, it affects bid pricing, insurance rates, and mobilisation costs. Clients in high-risk areas may pay elevated day rates to secure reliable field crews.
Lien Rights
Cash FlowLegal protections allowing subcontractors to place a claim against a property or project if payment is withheld. Filing a lien can prevent an owner from selling or refinancing until your invoice is settled. Deadlines to file are strict and vary by province, so act quickly when payment stalls.
Latest Cash Flow News
Construction Backlog Dips Slightly Even as Contractor Confidence Rises
ABC's Construction Backlog Indicator fell to 8.8 months in June, but sales and staffing confidence climbed, with data center work driving the strongest backlogs.
14 days agoIndustryConstruction Backlog Sinks to January Low as Data Centers Mask Weakness
Construction Dive reports ABC's July backlog fell to eight months, its lowest since January, with small and mid-size contractors outside data center work hit hardest.
1 month agoIndustrySiemens Energy's Gas Turbine Backlog Hits 69 GW as Lead Times Stretch Past 3 Years
Siemens Energy's gas turbine backlog climbed to 69 GW after booking 15 GW in new orders last quarter, with executives citing three-year-plus lead times and plans to boost manufacturing capacity through 2028.
1 month agoIndustryJacobs' Data Center Pipeline Triples as Backlog Hits $28.9B
Jacobs Solutions reported a record $28.9 billion backlog and said its data center opportunity pipeline has tripled, with visibility now extending two to three years on AI-driven design and construction demand.
1 month agoRelated Guides
What Happens to Subcontractor Billing When a Project Stalls, Goes Over Budget, or Never Gets Commissioned
You did the work. The project was cancelled, shelved, or never activated. Here is what subcontractors need to know about billing rights, legal remedies, and how to get paid when no one wants to discuss the invoice.
Cash Flow GuidePost-Completion Warranty and Punch Work: Protecting Your Margins After the Job Ends
Warranty walks, punch lists, and post-completion callbacks eat into subcontractor margins. Learn how MSA warranty clauses work, when you can push back on mobilization costs, and how to document your way out of disputes.
Cash Flow GuideMechanic's Lien Rights for Subcontractors: What to Do When You're Not Getting Paid
A practical guide to mechanic's lien and materialman's lien rights for oilfield and construction subcontractors in Texas, Oklahoma, and Alberta — deadlines, filing steps, and leverage tactics.
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