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Compliance Glossary Term

PSC (Public Service Commission)

A provincial regulatory body that oversees public utilities and energy services in its jurisdiction. Subcontractors working on regulated utility projects must ensure their work meets PSC standards and approvals. Non-compliance can delay project sign-off and affect payment milestones.

Related Terms

FTA (Federal Transit Administration)

Compliance

A U.S. federal agency that funds and regulates public transit infrastructure projects. Subcontractors working on federally funded transit construction must meet strict FTA compliance requirements. These include labour standards, safety protocols, and Buy America provisions for materials.

Punitive Damages

Compliance

Court-ordered payments that go beyond compensating actual losses, intended to punish serious misconduct. Subcontractors can face these for gross negligence or wilful safety violations. Many prime contracts include clauses limiting or waiving punitive damage liability.

Well Licensing

Compliance

A regulatory approval issued by provincial authorities before drilling or completing a well can begin. Subcontractors should confirm a valid licence is in place before mobilising, as work cannot legally proceed without it. Delays in licensing directly affect your crew scheduling and contract start dates.

DBE (Disadvantaged Business Enterprise)

Compliance

A certification recognising businesses owned by minorities, women, or economically disadvantaged individuals. Prime contractors on federally funded projects often must subcontract a percentage of work to certified DBEs. Holding DBE status can open doors to set-aside contracts and preferred bidder programmes.

Carbon Pricing

Compliance

A government-imposed cost on greenhouse gas emissions, typically applied per tonne of CO2 equivalent. Subcontractors may face carbon charges on fuel, equipment operation, and fleet usage. These costs can affect project bids and operating margins if not factored into quotes.

10 Cfr Part 50

Compliance

A U.S. federal regulation governing the licensing of nuclear power plants and facilities. Subcontractors working on nuclear sites must comply with its strict safety, quality assurance, and documentation requirements. Non-compliance can result in work stoppages or removal from site.

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