Tag
Data
SBA averages five years of receipts, subcontractor costs included, to decide if a contractor is small. This example tracks a GC near the $45 million line.
Data
The Eichleay formula prices home office overhead lost during a federal suspension. This example turns a 60-day suspension into a $2,000 daily rate.
AI
NetSuite's planned construction product uses AI agents to turn estimates into schedules of values and job budgets, and to draft monthly pay applications.
Data
Federal agencies owe interest on late construction payments. This example computes it for two pay apps and a retainage release at the 4.75% rate.
Data
A contractor's DSO mixes retainage, bills not yet due and bills past due. This example splits a 51.6-day DSO into those pieces by owner.
Feature Data
Retainage aging starts when the release comes due. This example sorts $1.35 million of retainage on six jobs by job, by owner and by days past due.
| Date | Trend | Category | Title | Summary |
|---|---|---|---|---|
| Data | How to compute average annual receipts for the SBA size standard, with a $45 million general contractor example | SBA averages five years of receipts, subcontractor costs included, to decide if a contractor is small. This example tracks a GC near the $45 million line. | ||
| Data | How to compute unabsorbed home office overhead with the Eichleay formula, with a 60-day suspension example | The Eichleay formula prices home office overhead lost during a federal suspension. This example turns a 60-day suspension into a $2,000 daily rate. | ||
| AI | NetSuite plans AI agents that turn estimates into job budgets and draft pay applications | NetSuite's planned construction product uses AI agents to turn estimates into schedules of values and job budgets, and to draft monthly pay applications. | ||
| Data | How to compute Prompt Payment Act interest on a late federal pay application, with a $6,740 example | Federal agencies owe interest on late construction payments. This example computes it for two pay apps and a retainage release at the 4.75% rate. | ||
| Data | How to adjust days sales outstanding for retainage and billing cycles, with a 51.6-day example | A contractor's DSO mixes retainage, bills not yet due and bills past due. This example splits a 51.6-day DSO into those pieces by owner. | ||
| Data | How to track retainage aging by job and by owner, with a $1.35 million example Feature | Retainage aging starts when the release comes due. This example sorts $1.35 million of retainage on six jobs by job, by owner and by days past due. | ||
| Data | How to compute your experience mod from the NCCI worksheet, with a $100,000 loss example | NCCI's experience mod weights claim count above claim size. This example shows ten $10,000 claims pushing a mod above 1.00 where one $100,000 claim does not. | ||
| AI | Speedchain says its AI Receipt Agent cut one contractor's month-end close time 95% | Speedchain's AI Receipt Agent collects card receipts by text, reads the vendor and amount, and suggests the job and cost code for approval. | ||
| Data | How to measure change orders as a percent of original contract by cause, with a $100 million example | Change order rate divides approved change orders by the original contract. This example splits it by job and by cause across six jobs. | ||
| Data | How to track bid-hit ratio by client type, job size and estimator, with a 120-bid example | Bid-hit ratio counts bids per job won. This example splits it by client type, job size and estimator, in counts and in dollars. | ||
| Data | How to compute backlog in months and compare it with ABC's 8.5-month August reading | Backlog in months divides signed, unearned work by annual revenue. Here is the formula ABC uses, a worked example, and how to read yours against its survey. | ||
| Data | How to measure gross margin fade across a portfolio of jobs | Fade compares each job's bid margin with its current estimate. Here is how to measure it by job, by estimator and across the portfolio. | ||
| Data | How to build a work-in-progress schedule from job cost data, column by column | A WIP schedule needs four inputs per job. Here is how each column is calculated and what it tells a CFO, with a four-job worked example. | ||
| Accounting | Overbilling and underbilling in construction, with a worked example | Overbilling and underbilling compare what a contractor has billed with what it has earned on percentage of completion. This guide works through a $2 million job. |