Short-term financial assistance available to subcontractors facing sudden revenue loss due to site shutdowns, disasters, or contract cancellations. Funding may come from government programmes, industry associations, or lenders. Eligibility often requires proof of active contracts and demonstrated financial hardship.
Emergency Relief Funding
Related Terms
Loaded Labour Rate
Cash FlowThe true hourly cost of a worker, including wages, benefits, payroll taxes, and overhead. Subcontractors use it to set profitable bill rates for clients. Bidding below your loaded labour rate guarantees a loss on every hour worked.
Substantial Completion
Cash FlowThe point when a project is complete enough for the owner to use it for its intended purpose. For subcontractors, it typically triggers final invoicing and starts the defect liability period. Holdbacks or retainage are often released shortly after this milestone.
Fuel Cost Escalation Clause
Cash FlowA contract provision allowing subcontractors to adjust their billing rates when fuel prices rise beyond an agreed threshold. It protects field service companies from absorbing significant fuel cost spikes on long-term jobs. Without this clause, subcontractors carry the full financial risk of volatile diesel and equipment fuel costs.
Job Costing
Cash FlowThe process of tracking all costs associated with a specific job or project, including labor, equipment, materials, and overhead. Accurate job costing is essential for understanding profitability.
Project-Level Debt
Cash FlowFinancing borrowed against a specific project's revenue, not the owner's overall assets. Subcontractors should know this because payment depends on that project performing financially. If the project underperforms, your invoices may be delayed or disputed.
Senior Secured Notes
Cash FlowDebt instruments issued by large operators or prime contractors, backed by company assets. When a client carries heavy debt loads like these, subcontractors face higher payment risk if the borrower defaults. Always review a client's debt structure before committing to large scopes of work.
Latest Cash Flow News
BP Pays Louisiana $350M Lump Sum, Settles Coastal Suits
BP will give Louisiana an accelerated $350 million payment for Deepwater Horizon claims and resolve remaining parish coastal lawsuits. Here is what coastal civil subcontractors should do this quarter.
14 days agoCash FlowKinder Morgan Lifts Force Majeure, Restores Mexico Gas Flows on Tennessee Gas
Kinder Morgan has resumed US-Mexico gas deliveries on its Tennessee Gas Pipeline and lifted force majeure after repairs. Here is what the restart means for integrity, outage-window and callout crews, and for their cash flow.
25 days agoCash FlowHudson Tunnel Boring Starts on $16B Project Amid Funding Fights
Tunnel boring machines are set to start cutting through 5,100 feet of Palisades rock on the $16 billion Hudson Tunnel project. Subcontractors should weigh payment and federal funding exposure before signing on.
1 month agoCash FlowClaremore Data Center Deal Sends $172M to Oklahoma Schools, County
A Beale Infrastructure data center project near Claremore, Oklahoma will pay $172 million in PILOT funds to local schools and county agencies over 25 years, with Sequoyah Public Schools receiving the largest share at $100 million.
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.
Stay sharp on field operations
Industry news and insights, delivered to your inbox.
Subscribe to FieldNews
