A bid evaluation method where contractors are ranked on price plus non-price factors like safety record, experience, and equipment. Low bid alone does not win the work. Subcontractors must demonstrate overall capability, not just competitive rates.
Best-Value Scoring
Related Terms
Proponent
IndustryThe company or entity proposing and owning a project, such as an operator or developer. As a subcontractor, the proponent is often the ultimate client driving project requirements and approvals. Understanding who the proponent is helps clarify scope expectations and contract obligations.
Crane Mats
IndustryLarge interlocked timber or composite panels placed under crane outriggers to distribute load on soft or unstable ground. Subcontractors often supply, transport, and install them as part of site prep scopes. Rental and mobilisation costs should be clearly itemised in your quote.
Run Schedule
IndustryA timeline that outlines when specific tools, equipment, or crews are deployed downhole or on-site during an operation, dictating when a subcontractor's services are required and for how long. For field service companies, the run schedule directly determines mobilisation timing, crew rotations, and invoiceable hours on location.
Frac Flowback
IndustryThe phase after hydraulic fracturing when water, sand, and hydrocarbons flow back to surface from the wellbore. Subcontractors are often mobilised quickly to manage fluid handling, testing, and disposal. Flowback work can be short-duration but requires crews and equipment on standby.
WCB (Workers' Compensation Board)
IndustryProvincial agencies in Canada that provide workplace injury insurance. Contractors must maintain WCB coverage and good standing to work on most sites.
Drillship
IndustryA self-propelled vessel equipped with a drilling rig used for offshore exploration and production in deepwater locations, which subcontractors may be mobilised to for specialised services such as equipment maintenance, inspection, or crew support under strict offshore safety and logistical requirements.
Latest Industry News
Highway Funding Extension Buys Contractors 10 Weeks, Not Certainty
Congress extended IIJA surface transportation funding to Dec. 11, but left out advance appropriations, threatening bridge programs and new state DOT lettings, Construction Dive reports.
11 hours agoIndustryDOE's $1.9B Transmission Push Signals Near-Term Work for Line Crews
The Department of Energy will fund 31 grid-improvement projects worth $5.3 billion in combined spending, adding 23 GW of capacity and generating reconductoring and substation work across multiple states.
yesterdayIndustryFBI, ATF Investigate Suspicious Fires at Line 5 Site and Enbridge Office in Wisconsin
The FBI and ATF are investigating two suspicious fires, one at an Enbridge Line 5 drilling site in Ashland County, Wisconsin, and another at an Enbridge office in Superior, Wis., raising security concerns for pipeline contractors.
yesterdayIndustryFormer GSA Official Sentenced to 3 Years in Subcontractor Bribery Scheme
A former GSA contracting officer's representative was sentenced to 36 months for steering construction work at the St. Elizabeths West Campus to favored subcontractors in exchange for kickbacks, Engineering News-Record reports.
yesterdayRelated Guides
How Operator Mergers and Acquisitions Affect Your Subcontract Agreements
When operators merge, get acquired, or sell assets, subcontractor agreements are caught in the middle. Learn how M&A activity affects your MSA, payment terms, vendor status, and what to do before, during, and after a deal closes.
Industry GuideHow Rig Count Trends Affect Subcontractor Demand and What to Do About It
Rig counts are the earliest signal of where field service work is heading. Learn how to read drilling activity trends, anticipate demand shifts, and position your crew before the phone stops ringing.
Industry GuideWhat Is an AFE in Oil and Gas and How Does It Affect Subcontractor Payments?
An AFE (Authorization for Expenditure) controls every dollar spent on an oilfield project. Learn how it affects your billing, change orders, and cash flow as a subcontractor.
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