Drilling & Wells

RFCO meaning in oil and gas

Definition

Request for Change Order

RFCO means Request for Change Order. An RFCO is completed by the Contracor when they believe that 1) an instruction given by Company not covered by a Change Order, or 2) an event has occurred, has or will have an effect…

An RFCO is completed by the Contracor when they believe that 1) an instruction given by Company not covered by a Change Order, or 2) an event has occurred, has or will have an effect upon the Work, completion date, or compensation; Contractor may submit a RFCO w/supporting detail. This will allow the Contractor the right to claim additional compensation or completion date extension.

✓ Verified term