CAPE (Consolidated Administration and Processing of Entries)

A pre-agreed financial penalty charged when a subcontractor misses deadlines or fails to meet contract milestones. The amount is fixed in the contract, not calculated after the fact. LDs can seriously erode your project margins if schedule risks aren't managed upfront.

A contract clause allowing the hiring company to end a service agreement before the scheduled completion date. Subcontractors may receive a penalty payment, but it is rarely full contract value. Always clarify demobilisation costs and notice periods before signing.

How closely a submitted bid reflects the actual cost of completing a job. Poor bid accuracy leads to underbilling, cost overruns, or lost contracts. Subcontractors track it to sharpen estimating and protect margins.

The seasonal period when thawing ground and flooding restrict heavy equipment access to remote job sites. For subcontractors, it typically means project delays, suspended haul routes, and reduced billable work. Plan cash flow carefully to cover the slow period.

A variable fee added to invoices to offset rising fuel costs for equipment, vehicles, and machinery. Rates are typically tied to a published fuel index and adjusted weekly or monthly. Subcontractors should confirm surcharge terms in their master service agreements before mobilising.

A formal pricing submission to secure a contract for equipment, vehicles, or workspace on a lease basis. Subcontractors use lease bids to compete for longer-term site access or equipment rental agreements. Winning a lease bid typically locks in your daily or monthly rate for the contract duration.

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