FieldNews
Subscribe
Industry Glossary Term

Prime Contractor

The main company awarded a project contract who then hires subcontractors to perform portions of the work. As a sub, your agreement, invoicing, and compliance obligations flow through them—not the end client. They carry overall site liability and typically control scheduling and scope.

Related Terms

Utility-Scale Storage

Industry

Large battery or energy storage systems that supply power to grids or remote job sites. For subcontractors, these projects involve specialised electrical, civil, and commissioning crews. Work often includes foundation pours, equipment installation, and grid tie-in under strict utility standards.

CIP (Capital Improvement Program)

Industry

A planned cycle of major infrastructure upgrades or expansions at a facility, often releasing large volumes of subcontract work. For field service companies, CIPs signal sustained project pipelines worth pursuing long-term agreements for. Monitoring client CIP schedules helps subcontractors forecast workload and mobilise crews strategically.

Greenfield

Industry

A project built from scratch on a previously undeveloped site, with no existing infrastructure. For subcontractors, this means longer mobilisation timelines and higher early-stage labour demand. Expect more scope changes and stronger opportunities for long-term contract work.

Transmission Corridor

Industry

A designated strip of land reserved for pipelines, power lines, or utility infrastructure. Subcontractors must obtain right-of-entry approvals before mobilising equipment or crews within these zones. Work inside corridors often triggers additional environmental and regulatory compliance requirements.

MBO (Management Buyout)

Industry

A transaction where a company's existing managers purchase the business from its owners. For subcontractors, this often signals continuity in contracts and key relationships. Watch for changes to payment terms or procurement policies during the transition period.

Design-Bid-Build

Industry

A project delivery method where design is completed before subcontractors are invited to bid. Scope is fully defined upfront, reducing ambiguity in your quote. Common in construction; less flexible once awarded, so price your bid carefully.

Stay sharp on field operations

Industry news and insights, delivered to your inbox.

Subscribe to FieldNews
A community project by Aimsio