Audit-ready WIP reporting, subcontractor retainage accounts, and certified prevailing wage payroll compliance (Davis-Bacon Act) designed to reduce project cost variances by 12%+.
Reconcile direct job costs, track complex project margins, and automate certified government payroll reporting to maintain absolute compliance.
Allocating direct equipment, labor, and materials to specific job codes. Producing audit-ready Work-in-Progress (WIP) percentage-of-completion calculations to track over/under billings.
Preparing progress billings (AIA G702/G703 forms). Managing subcontractor retainage holds (5-10%), collecting lien waivers, and auditing vendor invoice structures.
Calculating prevailing wage scales (Davis-Bacon Act), preparing certified payroll data reports, and uploading records directly to governmental databases (LCPtracker, eComply).
Offshore accounting shouldn't be generic. We provide dedicated construction accounting specialists who understand labor burdens, equipment depreciation, retainage, and certified state payroll structures.