Pavement marking materials
PNW | Pacific North West
An area of the country that includes Washington and Oregon.
PM Exception Report | Preventative Maintenance Exception Report
A weekly report that shows all vehicles that are past due for routine maintenance.
PM | Pavement Marking
Applying paint, thermoplastic, or other materials to the roadways to form lane lines or other symbols to communicate to drivers where to position their vehicles, warn about upcoming conditions and indicate where passing is allowed. Pavement marking also generally includes the installation of other permanent delineators, such as RPMS or buttons. PM can be applied via trucks or by handcart.
PLA | Project Labor Agreement
Pre-hire collective bargaining agreement with one or more unions that establishes the terms and conditions of employment for a specific construction project.
OSHA 300 or 300A | OSHA 300 and 300A record keeping forms
Forms where certain types of injuries must be recorded and provided to OSHA. Our clients, particularly in the ISG line of business, depend upon these records to measure RoadSafe’s safety performance.
OSHA | Occupational Safety & Health Administration
OSHA is a federal agency that works under the Department of Labor and develops, teaches and enforces various safety standards for all industries.
OLV | Orderly Liquidation Value
The OLV is typically the value of a hard tangible asset (i.e., equipment) if that asset was sold in an auction-style liquidation, with the seller needing to sell the assets on an “as-is” basis.
OI | Operating Income
OI is an accounting figure that measures the amount of profit realized from a business’s operations after deducting operating expenses such as wages, depreciation and cost of goods sold.
OFCCP | Office of Federal Contract Compliance Programs
The OFCCP is a federal agency falling under the Department of Labor and monitors the adherence to contractual promises of affirmative action and equal employment opportunity required of those who do business with the federal government. Many state DOT, railroad, and other projects receive federal funds; the OFCCP has jurisdiction over those projects. They also administer several important Executive Orders …
