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Compliance Glossary Term

FCI (Federal Contract Information)

Information provided by or generated for a federal government contract, but not intended for public release. Subcontractors handling FCI must meet specific cybersecurity and data protection requirements. Non-compliance can result in contract termination or disqualification from future federal work.

Related Terms

FAR (Federal Acquisition Regulation)

Compliance

The FAR governs purchasing rules for U.S. federal contracts, including subcontractor requirements on government-funded projects. If your prime contractor holds a federal contract, FAR clauses flow down and bind your work. These rules cover pricing, record-keeping, audits, and labour standards you must follow.

Well Integrity

Compliance

The ability of a well to contain fluids and pressure without uncontrolled release. Subcontractors performing wellsite work must follow strict well integrity protocols to prevent blowouts or leaks. Failure to comply can result in contract termination and regulatory penalties.

Near Miss

Compliance

An unplanned event that did not result in injury or damage but had the potential to do so. Subcontractors are typically required to report near misses to the prime contractor or site owner. Failing to report can jeopardise your safety record and standing on site.

Ladder Safety System

Compliance

A fixed assembly of rails, brackets, and a climbing sleeve that prevents a worker from falling off a vertical ladder. Subcontractors are often required to install or inspect these systems before crews access elevated structures. Compliance with provincial fall-protection codes is typically a condition of site entry.

Carbon Pricing

Compliance

A government-imposed cost on greenhouse gas emissions, typically applied per tonne of CO2 equivalent. Subcontractors may face carbon charges on fuel, equipment operation, and fleet usage. These costs can affect project bids and operating margins if not factored into quotes.

Bonded Operator License

Compliance

A licence that requires the holder to carry a surety bond as financial assurance that they will meet regulatory obligations, meaning subcontractors and field service companies must maintain this bond coverage to legally operate certain equipment or perform specific scopes of work on a client's site. For subcontractors, holding a bonded operator licence is often a prerequisite for bidding on contracts, as it signals to operators and general contractors that financial accountability is in place if work standards or regulatory requirements are not met.

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