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IndustryGlossary Term

Epc (engineering, Procurement, and Construction) Contractor

A company hired to deliver a project from design through build, acting as the main contractor above subcontractors. As a subcontractor, your client and contract holder is typically the EPC, not the asset owner. They control scope, scheduling, and invoice approval on site.

Related Terms

Substation

Industry

A facility that converts high-voltage electrical power to usable levels for a job site or facility. Subcontractors in construction and oil & gas often work in, around, or on behalf of substations. Strict access controls and electrical safety certifications are typically required.

Secondary Stress

Industry

Indirect mechanical stress that develops in structures or piping due to thermal expansion, settlement, or equipment movement. Unlike primary stress, it isn't caused by direct applied loads. Subcontractors must account for it during installation and inspection to avoid material fatigue and warranty disputes.

Derivative Goods

Industry

Products created by processing or transforming raw materials supplied under a contract, such as fabricated components or treated fluids. Subcontractors must clarify ownership rights over derivative goods before work begins. Contracts often assign these rights to the prime contractor or client by default.

Open Season

Industry

A formal period when a pipeline or facility operator accepts capacity commitments from potential shippers or users. For subcontractors, it signals upcoming project activity and a chance to position for related field service work. Winning commitments during open season often triggers procurement and mobilisation timelines.

Gas Processing

Industry

The treatment of raw natural gas to remove impurities and separate saleable products like propane and condensate. Processing plants are major work sites for subcontractors providing maintenance, instrumentation, and turnaround services. Scopes can be large and ongoing, making them reliable sources of repeat field work.

Spillway

Industry

A controlled channel or outlet designed to safely redirect excess water away from a work site. Subcontractors may be responsible for installing, maintaining, or working around spillways during site grading, civil, or environmental scopes.

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