Bonding
Bonding capacity you can plan
Sureties look hard at working capital, equity and your WIP schedule. We prepare statements in the format they expect and show you which numbers move your capacity before the next big bid.
Accounting for commercial contractors
Bigger jobs, longer schedules and a surety that reads every statement. We keep job costs, billings and retainage current on every job, and give your surety and bank the numbers they underwrite.
What we watch for
Where the money is won or lost.
Bonding capacity, retainage, change orders and certified payroll on public work.
WIP
Profit fade, caught early
Each month the WIP schedule compares the estimated margin on every job with last month's. A margin that keeps shrinking is the first sign a job is in trouble.
Retainage
Retainage on both sides
Owners hold retainage on you while you hold it on subs. We track both by job and by release condition, so neither side is forgotten at closeout.
Change orders
From request to payment
Pending, approved and billed change orders are tracked separately, and approved ones flow into the contract value and the estimate to complete.
Payroll
Certified payroll on public work
Payroll is coded by job and worker classification, so the weekly certified payroll that federally funded jobs require can be prepared straight from the books.
Monthly reporting
The numbers we report every month.
A short schedule, the same every month, so you can see the trend as well as the number.
| Line | Number | What it tells you |
|---|---|---|
| 01 | Backlog | Signed work not yet earned, and its margin |
| 02 | Profit fade | Change in estimated margin on each job since last month |
| 03 | Over and under billings | From the WIP schedule |
| 04 | Working capital | Current assets less current liabilities, as your surety measures it |
| 05 | Days to collect | How long owners take to pay, retainage included |
Tax
Tax notes for 2026.
$32M
Gross receipts test, 2026
Which contracts can skip percentage of completion
Contracts expected to finish within two years can use simpler methods than percentage of completion if your average annual gross receipts over the past three years are $32 million or less (2026). The method changes when profit is taxed, not whether it is.
Weekly
Certified payroll on federal jobs
Davis-Bacon certified payroll
Federally funded construction jobs need a certified payroll every week, signed with a statement of compliance. Form WH-347 is optional; the information is not. Some states add prevailing wage rules of their own.
$2.56M
Section 179 limit, 2026
Equipment in the year you buy it
Section 179 allows up to $2,560,000 in 2026, reduced once purchases pass $4,090,000, and equipment acquired after January 19, 2025 can also qualify for 100% bonus depreciation. The better choice depends on this year's income, next year's and your state.
Can you work with our surety and bank?
Yes. We prepare financials that meet surety and bank underwriting standards, and advise on the ratios that affect your bonding capacity.
Do you handle certified payroll?
We keep payroll coded by job and worker classification so weekly certified payroll reports can be prepared from the books. We confirm the scope for your public jobs on the call.
What does it cost?
Construction packages start at $2,275 a month for businesses under $500K in revenue, plus a one-time onboarding fee. The pricing page shows your starting price in six steps, and your formal quote follows a free call.
How do we get started?
Book a free 30-minute call, or send your details and we will follow up within one business day.
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