A global industry body that sets drilling standards, safety training programmes, and well control certifications. Subcontractors working on drilling sites often need IADC-recognised credentials to qualify for contracts. Holding valid IADC certifications can directly affect your crew's eligibility and your bid competitiveness.
IADC (International Association of Drilling Contractors)
Related Terms
Prequalification
ComplianceA vetting process where operators assess a subcontractor's safety record, insurance, and certifications before awarding work. Companies must pass prequalification to be added to an approved vendor list. Failing or lapsing can disqualify a subcontractor from bidding on projects entirely.
Protest (customs)
ComplianceA formal dispute filed against a customs ruling, such as import duties charged on tools or equipment crossing the border. Subcontractors use protests to recover overbilled duties on temporarily imported gear. Filing deadlines are strict, so act quickly after receiving a customs decision.
Agreed Order
ComplianceA court-approved settlement between parties that resolves a dispute without a full trial. For subcontractors, it often governs payment terms, lien releases, or compliance obligations. Both sides must follow its terms or face legal consequences.
Civil Liability
ComplianceThe legal obligation to compensate another party for damages or losses caused by your work or negligence. For subcontractors, this typically arises from property damage, personal injury, or contract breaches on a job site. Adequate general liability insurance is your primary protection against civil liability claims.
Hold Point
ComplianceA mandatory stop in work where a client or inspector must review and sign off before the subcontractor can proceed. Missing a hold point can void certifications or trigger costly rework. Always confirm hold points during project kickoff to avoid schedule delays.
Fitness-For-Service (ffs)
ComplianceA formal engineering assessment that determines whether aging or damaged equipment is safe to keep operating. Subcontractors may be required to conduct or document FFS evaluations before resuming work on pressure vessels, pipelines, or structural components. Results directly affect your scope of work, liability exposure, and project timelines.
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