Page 317 - TCDB combined Book
P. 317

296                         The Complete DESIGN BUILDER


               Sample Progress Billing:




                                                                           Project:   ACME Manufacturing



                                                 Final Progress Billing


                 No.           Item           Amount        % Complete            Progress Amount

                 1.     General               $107140              100                  $107140

                 2.     Site Work              118080              100                   118080

                 3.     Concrete                99525              100                    99525

                 4.     Masonry                 44155               100                   44155

                 5.     Metals                  59870               100                   59870

                 6.     Carpentry               13330               100                   13330

                 7.     Moisture Protection     65040               100                   65040

                 8.     Doors/Windows           46900               100                   46900

                 9.     Finishes                77125               100                   77125

                 10.    Specialties              7650              100                      7650

                 11.    Building System        180000               100                   180000

                 12.    Mechanical              92480               100                   92480

                 13.    Electrical                70000             100                     70000

                                  Total      $982,895                                   $982,895.00
                                                            Deduct 10% holdback           98,289.50
                                                                   Balance              $884,605.50
                                                            Deduct previous billings      884,605.50
                                                     Add due from previous billings          nil
                                                    Holdback amount due                  $98,289.50




                        Holdback payment due in accordance with the terms of our signed agreement
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