The number of days equipment or crews are actively deployed and generating billable revenue on a job site. Subcontractors use this figure to track utilisation, forecast earnings, and negotiate day-rate contracts. Downtime, mobilisation delays, or weather shutdowns typically do not count as operating days.
Operating Days
Related Terms
EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortisation)
Cash FlowA measure of a subcontractor's core operating profitability, stripping out financing and accounting costs. It helps field service companies assess whether their contracts and crews are generating real operational value. Clients and lenders often use it to evaluate a subcontractor's financial health before awarding work.
Schedule Iii
Cash FlowA contract exhibit listing approved subcontractor rates, markups, and reimbursable costs. It governs what you can invoice and at what price. Disputes over billing often trace back to misreading this schedule.
Rescheduling
Cash FlowRescheduling occurs when a client moves a confirmed job to a new date, disrupting crew and equipment plans. Subcontractors should have rescheduling clauses in contracts to recover standby costs. Repeated rescheduling without compensation can seriously damage a small operator's cash flow.
Backcharge
Cash FlowA charge issued by an operator or general contractor to a subcontractor for costs incurred due to defective work, delays, or failure to meet contractual obligations.
Bridging Capacity
Cash FlowA subcontractor's ability to fund ongoing operations while awaiting payment from a prime contractor or client. It covers payroll, equipment costs, and materials during invoice gaps. Strong bridging capacity keeps crews mobilised and contracts on track without cash shortfalls.
Unplanned Outage
Cash FlowA sudden, unscheduled shutdown of equipment or operations that halts field work without prior notice. For subcontractors, it often triggers standby time disputes and delayed milestone billing. Contracts should clearly define compensation terms for crew and equipment during unplanned downtime.
Latest Cash Flow News
Talos Energy Takes 50% Stake in Repsol's Deepwater Mexico Block
Talos Energy will pay up to $50 million to acquire a 50% working interest in Repsol's Block 29 offshore Mexico, targeting FID in 2027 on a discovery holding over 200 MMboe.
2 days agoCash FlowGordie Howe Bridge Set to Open Monday After Canada-Only Ceremony
Windsor held a Canada-only ceremony for the Gordie Howe International Bridge ahead of Monday's opening, after Ottawa scrapped a joint U.S. event amid tariff tensions.
7 days agoCash FlowNew CHPE Line Pushes NY-Canada Power Trade to 18-Month High
The EIA reports New York imported a record 52 GWh of Canadian electricity on July 3 as the new Champlain Hudson Power Express line ran at full 1,250 MW capacity during a summer heat wave.
10 days agoCash FlowDOL's $162M Apprenticeship Fund Ties Payouts to Worker Retention, Not Enrollment
The Department of Labor's $162 million Pay-for-Performance apprenticeship program pays contractors only after apprentices hit retention milestones, with sponsor applications opening this fall in shipbuilding, telecom, and skilled trades sectors.
13 days 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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