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Real-Time Work-in-Progress Figures — Construction’s Secret Weapon

ProcurementExpress.com

Work in progress figures might not sound like something you need to think much about. Yes, WIPs are considered current assets – meaning, accountants consider inventory assets to be current, as they are expected to turn into cash within the year. Slow Work in Progress Figures Just Don’t Work.

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Real-Time Work-in-Progress Figures — Construction’s Secret Weapon

ProcurementExpress.com

Work in progress figures might not sound like something you need to think much about. Yes, WIPs are considered current assets – meaning, accountants consider inventory assets to be current, as they are expected to turn into cash within the year. Slow Work in Progress Figures Just Don’t Work.

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Steps To Obtaining A Surety Bond

Contractor Bookkeeping

After you have obtained your bond, the surety will likely ask you to prepare quarterly schedules of work in progress. Burns Logan is a construction lawyer focused on helping contractors, design professionals, insurers, and sureties get projects done and resolve disputes. You may contact Burns at blogan@lgwmlaw.com. -.