Business
The Why and How of Computing POC
The percentage of completion (POC) calculation has traditionally been considered the best recognition of progress toward completion of a contract.
By Alan Clark
July 26, 2017
Related stories
Business
Despite Tariff Impacts, ABC Contractors’ Backlog and Profit Margin Expectations Improve in April
By ABC
Tariff volatility is proving a moot point in the face of optimistic contractors, according to the ABC Construction Backlog Indicator in May.
Business
DOL Pauses Enforcement of Biden’s 2024 Independent Contractor Rule
By ABC
ABC applauds the pause on the 2024 independent contractor final rule, which has posed confusion and time-consumption for construction companies and their workers.
Business
Nonresidential Construction Added Jobs in April Despite Headwinds
By ABC
Despite a slow in nonresidential construction spending, the sector added jobs in April.