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IndustryGlossary Term

Pre-Feed (pre-Front End Engineering and Design)

An early project phase where owners assess technical and commercial feasibility before committing to full design. For subcontractors, it signals potential future scope but rarely includes direct field work. Winning study contracts at this stage can position your company for larger awards later.

Related Terms

Interconnection Delay

Industry

A postponement caused by unfinished grid or pipeline tie-in work that prevents a facility from going live. For subcontractors, it often means demobilisation holds, scope gaps, or standby costs with no clear end date. Document all waiting time carefully to support delay claims or change orders.

Turnkey

Industry

A contract where the subcontractor delivers a fully completed scope for a fixed price, assuming all cost and schedule risk. The client pays only upon project completion, not for time or materials spent. This model demands tight cost control, as overruns come directly out of your margin.

VDC (Virtual Design and Construction)

Industry

A project delivery approach that combines 3D modelling, scheduling, and cost data into a single digital environment. Subcontractors use VDC to coordinate scope, reduce field conflicts, and plan work sequences before boots hit the ground. Early involvement in VDC workflows can help subs identify clashes, price work more accurately, and avoid costly rework.

Call for Participation

Industry

A formal notice from an operator or prime contractor inviting subcontractors to express interest in an upcoming project or contract. It typically outlines scope, required certifications, and submission deadlines. Responding early can improve your chances of being shortlisted for the work.

HRSG (Heat Recovery Steam Generator)

Industry

A large boiler unit that captures exhaust heat from gas turbines to produce steam for power generation. Subcontractors are commonly engaged for HRSG installation, maintenance, and inspection scopes. Work typically requires certified welders, boilermakers, and compliance with pressure vessel regulations.

Lease Sale

Industry

A government auction where energy companies bid for the right to explore and develop specific land or offshore blocks. Winning bids signal upcoming exploration activity, which often leads to new work opportunities for field service subcontractors. Tracking lease sales helps companies anticipate demand and position crews and equipment accordingly.

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