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- Actual % Complete: Actual Cost / Total Forecasted Cost
Expected Contract: For Fixed Amount jobs - based on the last day in the end period (end date) of the report. For Cost Plus jobs: Based on the range from the start date of the report to the end date of the report.
IfNote If you are viewing a Cost Plus job that began
prior tobefore the report start date, the Contract Earned amount is adjusted to reflect what was earned in the report range, rather than over the life of the job. For Cost Plus NTE jobs, the Contract Earned displays as zero if the NTE amount is exceeded
prior tobefore the report start date.
- Contract Earned: Actual % Complete x Expected Contract
- Profit Amount: Contract Earned - Actual Cost
- Markup Percent: (Expected Contract - Total Forecasted Cost) / Total Forecasted Cost
- Margin Percent: (Expected Contract - Total Forecasted Cost) / Expected Contract
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