Government-issued bonds that fund large infrastructure projects without federal tax on investor returns. For subcontractors, these bonds often finance the public projects you bid on, such as pipelines or facilities. Lower borrowing costs for project owners can mean steadier long-term contracts and more predictable payment cycles.
Tax-Exempt Revenue Bonds
Related Terms
Builders Lien
Cash FlowA legal claim registered against a property when a subcontractor hasn't been paid for work or materials provided. It secures your right to payment by encumbering the owner's title. Filing deadlines are strict, so act quickly if invoices go unpaid.
Drinking Water State Revolving Fund (dwsrf)
Cash FlowA U.S. federal loan programme funding municipal drinking water infrastructure upgrades. Subcontractors often access steady pipeline and treatment plant work through DWSRF-backed projects. Expect strict regulatory compliance requirements and public-sector billing cycles on these contracts.
Expansion Capital
Cash FlowFunds raised or borrowed to grow a subcontracting business beyond its current capacity. This covers new equipment, additional crews, or entry into new service markets. It differs from operating capital, which keeps day-to-day work running.
Bridging Power
Cash FlowA subcontractor's ability to fund operations while waiting on client payments. It covers payroll, fuel, and equipment costs between invoice and payment. Strong bridging power prevents work stoppages during slow pay cycles.
Financial Close
Cash FlowThe point when project financing is fully secured and contractual obligations become binding. For subcontractors, it typically signals that mobilisation, procurement, and invoicing can officially begin. Work started before financial close carries significant payment risk.
Lump-Sum Turnkey
Cash FlowA fixed-price contract where the subcontractor delivers a completed scope of work for one agreed total. All cost overruns come out of your margin, not the client's pocket. Scope creep and unforeseen site conditions are your financial risk to manage.
Latest Cash Flow News
Aecon and Arctic Gateway Sign MOU for Port of Churchill and Hudson Bay Railway Development
Aecon Group has signed a collaboration agreement with Arctic Gateway Group to support infrastructure development in northern Manitoba, targeting the Port of Churchill and Hudson Bay Railway. Subcontractors with remote construction experience should take note of upcoming opportunities in the region.
13 days ago Cash FlowNew Brunswick Prompt Payment Law Passed in 2023, Still Not Enforced — And Contractors Are Paying the Price
New Brunswick's prompt payment legislation received Royal Assent in 2023, but with no enforcement date set and no draft regulations released, contractors are still waiting months to get paid. Here's what the ongoing delay means for cash flow.
1 month ago Cash FlowCash Flow Strategy Gives Contractors an Edge in Volatile Market
Engineering News-Record outlines how contractors can manage cash flow through payment term negotiations, digital payments, and financial planning tools to stay competitive amid rising costs and economic uncertainty.
2 months ago Cash FlowChariot Backs Angola Offshore Deal With $12M, Gains Access to 4,000 bpd from Chevron-Operated Block
Chariot is financing an Angolan offshore acquisition with $12 million, securing production-linked cash flows from Block 14, a Chevron-operated asset producing around 40,000 bpd gross since 1999.
2 months agoRelated Guides
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.
Cash Flow GuidePost-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.
Cash Flow GuideMechanic'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.
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