A conflict between JV (Joint Venture) partners over cost-sharing, scope, or payments that can delay approvals and freeze subcontractor invoices. When JV partners disagree, field service companies often face work stoppages or withheld purchase orders. Always clarify which JV partner holds contracting authority before mobilising.
Joint Venture Dispute
Related Terms
Emergency Relief Funding
Cash FlowShort-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.
Unit Rate
Cash FlowA pricing model where work is billed per unit completed (per meter drilled, per cubic meter hauled, per joint welded, etc.).
Cash Price
Cash FlowA fixed, all-in rate quoted to a client that requires no further negotiation or adjustments. Subcontractors often offer a cash price to secure faster payment or simplified invoicing. It typically excludes extras like mobilisation, standby time, or material markups.
Net 30/Net 45/Net 60
Cash FlowPayment terms indicating when payment is due after invoice date. Net 30 means payment within 30 days. Many operators use Net 45 or Net 60, extending subcontractor cash cycles.
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.
Breakeven Cost
Cash FlowThe minimum amount a subcontractor must charge to cover all project expenses without making a loss. It includes labour, equipment, fuel, insurance, and overhead. Pricing below breakeven erodes margins and can threaten business viability.
Latest Cash Flow News
Gordie Howe Bridge to Open July 27, Adding Second Detroit-Windsor Span
U.S. and Canadian officials set a July 27 opening for the Gordie Howe International Bridge after a six-week delay tied to toll governance talks, adding a second commercial crossing between Detroit and Windsor.
yesterday Cash FlowKiewit's Weeks Marine Gets $88M Hudson Tunnel Change Order
The Gateway Development Commission approved an $88 million change order for Weeks Marine to clear submerged piles from the Hudson River, clearing the path for tunnel boring machines set to start in 2028.
3 days ago Cash FlowCourt Ruling Clears Funding Freeze on $16B Hudson Tunnel Project
A federal judge permanently blocked the U.S. Department of Transportation from withholding funds on the Hudson Tunnel Project, ruling the September freeze flagrantly violated federal law.
15 days ago Cash FlowAecon and Arctic Gateway Sign MOU for Port of Churchill and Hudson Bay Railway Development
Aecon Group has signed a collaboration agreement with Arctic Gateway Group to support infrastructure development in northern Manitoba, targeting the Port of Churchill and Hudson Bay Railway. Subcontractors with remote construction experience should take note of upcoming opportunities in the region.
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.
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