A confidential tender submission where subcontractors submit pricing without knowing competitors' rates. All bids are opened simultaneously by the hiring company. This process is common in public sector and large operator contracts across oil and gas and construction.
Sealed Bid
Related Terms
Punching-Shear Failure
IndustryA structural failure where a concentrated load punches through a slab or foundation, creating a cone-shaped break. Subcontractors must watch for this risk when positioning heavy equipment on concrete pads or temporary platforms. Undetected, it can cause sudden equipment collapse and serious site liability.
Throughput
IndustryThe volume of work or units a crew completes within a set timeframe. Higher throughput means more billable output per shift, directly affecting your contract profitability. Subcontractors often track throughput to justify crew sizes and equipment needs.
Feedgas
IndustryRaw natural gas supplied to a processing plant or facility for treatment and conditioning. Feedgas volumes and composition directly affect how long subcontractors are mobilised on-site. Changes to feedgas quality can trigger scope adjustments and additional service orders.
Compression Expansion
IndustryA growth phase where an operator scales up gas compression infrastructure, creating demand for additional field service crews and equipment. Subcontractors should anticipate increased work orders for installation, commissioning, and maintenance. Securing standing agreements before expansion begins helps lock in preferred vendor status.
Portable Crusher
IndustryA mobile machine that breaks down rock, concrete, or aggregate on-site, eliminating haul-off costs. Subcontractors often supply or operate these units under equipment rental or crushing contracts. Commonly used in pipeline trenching, site prep, and demolition scopes.
CIPP (Cured-in-place Pipe)
IndustryA trenchless pipe rehabilitation method where a resin-saturated liner is inserted into a damaged pipe and hardened in place. Subcontractors typically provide specialised crews, inversion or pull-in equipment, and UV or steam curing systems. Common in municipal, oil and gas, and industrial pipeline maintenance scopes.
Latest Industry News
Jacobs-PCL Wins $1B SF Plant Upgrade Built Around Live Operations
SFPUC picked a Jacobs-PCL joint venture for a $1 billion progressive design-build nutrient reduction project at its largest treatment plant. The plant must keep running during construction, which shapes how subs should pursue early involvement.
11 hours agoIndustryAEP Lifts Capital Plan 30% to $100B as Data Center Load Hits 84 GW
AEP raised its five-year capital plan to $100 billion, with $37 billion for transmission and $20 billion for gas generation. A 10.4-GW Ohio data center campus drives the load growth, and three 765-kV lines are slated for 2028 through 2030.
yesterdayIndustryTranche-Scale Transmission Planning: Early Contractor Input Wins
A T&D World webinar summary says utilities should bring contractors in when engineering is 10% to 30% complete and treat site access as engineering. Here is what that means for crews and yard commitments.
yesterdayIndustryConditional $5B DOE Loan Targets Eight Constellation Nuclear Plants
DOE has conditionally committed up to $5 billion to finance about 1.1 GW of uprates at eight Constellation plants in Illinois, Maryland and Pennsylvania. The loan is not closed, but the scope points to turbine, electrical and controls work.
2 days agoRelated Guides
How Operator Mergers and Acquisitions Affect Your Subcontract Agreements
When operators merge, get acquired, or sell assets, subcontractor agreements are caught in the middle. Learn how M&A activity affects your MSA, payment terms, vendor status, and what to do before, during, and after a deal closes.
Industry GuideHow Rig Count Trends Affect Subcontractor Demand and What to Do About It
Rig counts are the earliest signal of where field service work is heading. Learn how to read drilling activity trends, anticipate demand shifts, and position your crew before the phone stops ringing.
Industry GuideWhat Is an AFE in Oil and Gas and How Does It Affect Subcontractor Payments?
An AFE (Authorization for Expenditure) controls every dollar spent on an oilfield project. Learn how it affects your billing, change orders, and cash flow as a subcontractor.
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