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Daily oil & gas and construction news for subcontractors

IndustryGlossary Term

Reactive Maintenance

Repair work performed after equipment has already failed or broken down. Subcontractors are often mobilised on short notice, commanding premium rates. Tight timelines increase crew fatigue and safety risks on site.

Related Terms

Telematics

Industry

A system that tracks vehicle and equipment location, usage, and performance data in real time. Subcontractors use it to monitor fleet activity, verify hours worked, and support billing accuracy. It also aids compliance with safety and maintenance requirements.

Shovel-Ready

Industry

A project with permits, funding, and engineering approved, allowing field work to begin immediately. For subcontractors, it signals that mobilisation and contract awards are imminent. Pursuing shovel-ready work reduces the risk of scoping delays eating into your margins.

ABC (Associated Builders and Contractors)

Industry

A U.S. trade association representing merit-shop contractors in construction and industrial sectors. Subcontractors use ABC membership for training resources, safety programmes, and industry networking. Membership can also signal credibility when bidding on open-shop projects.

Section 232 Tariffs

Industry

U.S. trade tariffs applied to imported steel and aluminium on national security grounds. For subcontractors, these tariffs raise material and equipment costs on cross-border projects. Budget carefully when quoting jobs that involve U.S.-sourced pipe, structural steel, or fabricated components.

Epc (engineering, Procurement, and Construction) Contractor

Industry

A company hired to deliver a project from design through build, acting as the main contractor above subcontractors. As a subcontractor, your client and contract holder is typically the EPC, not the asset owner. They control scope, scheduling, and invoice approval on site.

Medium Voltage Transformer

Industry

A device that steps electrical voltage up or down within the 1 kV to 35 kV range on industrial job sites. Subcontractors often work around these units when installing temporary power or connecting equipment. Strict lockout/tagout and electrical certification requirements apply near this equipment.

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