RFQ (Request for Quote)

The average number of days it takes to collect payment after a sale. For field service companies, DSO measures how long between completing work and receiving payment. Industry benchmarks range from 30-60 days.

When a subcontractor sources materials, tools, or services through too many uncoordinated vendors. This drives up costs, creates invoice chaos, and delays field operations. Consolidating suppliers helps control spend and simplify accounts payable.

A contract provision allowing price adjustments when material costs rise above a set threshold. Subcontractors use it to recover cost increases on longer-duration projects. Without it, unexpected price spikes in steel, pipe, or consumables come directly out of your margin.

A one-time payment made by a client company to shareholders, separate from regular dividends. For subcontractors, it may signal a cash-flush operator likely to fast-track project approvals or expand field budgets. Watch for these announcements when forecasting upcoming contract opportunities.

A conflict between JV (Joint Venture) partners over cost-sharing, scope, or payments that can delay approvals and freeze subcontractor invoices. When JV partners disagree, field service companies often face work stoppages or withheld purchase orders. Always clarify which JV partner holds contracting authority before mobilising.

Time when a subcontractor's crew or equipment is on-site but unable to work due to client-caused delays. Most contracts allow billing at a reduced standby rate during this period. Tracking and documenting standby time is critical to recovering these costs.

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.

Post-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.

Mechanic'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.