The designated location where responsibility for equipment, materials, or personnel shifts from one party to another. For subcontractors, this determines when liability and custody officially change hands. It is critical for documenting handoffs and avoiding billing disputes.
Transfer Point
Related Terms
Phase Gate
IndustryA formal approval checkpoint where a project must meet defined criteria before work advances to the next stage. Subcontractors often cannot mobilise, invoice, or begin new scope until the client clears each gate. Delays at phase gates directly impact crew scheduling and cash flow.
Retrieval System
IndustryA retrieval system is a method or tool used to recover equipment, tools, or materials from a wellbore or work site. Subcontractors may be responsible for operating or maintaining retrieval systems during fishing jobs or abandonments. Proper handling affects both project timelines and liability.
Feed Gas
IndustryRaw, unprocessed natural gas delivered to a processing plant or facility as the primary input. For subcontractors, feed gas specifications determine the scope of compression, treating, and handling work on site. Changes in feed gas composition can trigger scope variations and affect your contract terms.
Nonresidential Construction
IndustryBuilding projects covering commercial, industrial, and institutional structures rather than homes. For subcontractors, this includes work on warehouses, refineries, offices, and infrastructure. These projects often involve larger contracts, stricter compliance requirements, and longer payment cycles.
Pilot Bore
IndustryA small-diameter initial hole drilled along a planned path before reaming to full size, commonly used in horizontal directional drilling. Subcontractors use it to verify alignment and ground conditions before committing to the full excavation scope.
Marine Infrastructure
IndustryOffshore and coastal structures such as platforms, jetties, pipelines, and subsea systems where field work is performed. Subcontractors must hold marine-specific certifications and follow offshore safety protocols. Mobilisation costs and logistics are typically higher than onshore projects.
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