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IndustryGlossary Term

Sources Sought

A notice issued by a client or prime contractor to identify qualified subcontractors before a formal tender is released. Responding helps get your company on the bidders list. It is not a contract offer, but skipping it can mean missing the actual bid.

Related Terms

Production Hookup

Industry

The final phase of connecting a well or facility to live production infrastructure, including pipelines, separators, and metering equipment. For subcontractors, it typically means intensive, time-sensitive scope with strict sequencing requirements. Delays can trigger penalties, making accurate scheduling and crew readiness critical.

T&D (Transmission and Distribution)

Industry

The network of high-voltage power lines, towers, substations, and local distribution lines that move electricity from generators to end users. Subcontractors in this sector handle tasks like line construction, pole installation, and substation work. T&D projects are often awarded through utility frameworks or provincial grid operators.

EIA (Energy Information Administration)

Industry

A U.S. federal agency that publishes energy data, forecasts, and market reports. Subcontractors use EIA reports to track oil and gas price trends and anticipate shifts in project demand. Monitoring EIA data helps field service companies time bids and resource planning.

Dual-Class Share Structure

Industry

A corporate ownership arrangement where founders or executives hold shares with greater voting power than ordinary investors. For subcontractors, this means a client company's leadership can make major operational decisions without shareholder approval. Expect stable long-term contracts but limited outside pressure to change payment terms or procurement practices.

Utility Relocation

Industry

The process of moving existing underground or overhead utilities — such as gas lines, water mains, or electrical conduits — to accommodate new construction or pipeline work. Subcontractors are often hired specifically for this scope, which requires utility locates and coordination with municipal or utility owners. Delays in relocation can directly impact your crew's mobilisation schedule and project milestones.

Pipeline Tie-in

Industry

A pipeline tie-in is the physical connection of a new pipeline section to an existing live system. For subcontractors, tie-in work often requires hot-tap certified crews and strict isolation procedures. Scheduling is critical, as tie-ins typically involve planned shutdowns with tight production windows.

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