Construction Financial Breakdown
Prepared by: [Your Name]
Date: December 11, 2050
This breakdown provides a summary of the financial elements related to the construction project by [Your Company Name]. It includes costs, budgeted amounts, and remaining funds for key areas of the project.
Category | Budgeted Amount | Actual Cost | Variance | Notes |
|---|
Site Preparation | $50,000 | $48,000 | $2,000 | Lower than expected |
Materials | $200,000 | $210,000 | -$10,000 | Additional material |
Labor | $150,000 | $145,000 | $5,000 | Cost-effective workforce |
Equipment | $75,000 | $80,000 | -$5,000 | Unexpected expenses |
Permits | $10,000 | $10,500 | -$500 | Permit price increase |
Subcontractors | $100,000 | $90,000 | $10,000 | Savings on services |
Contingency | $30,000 | $28,000 | $2,000 | Unused contingency |
Insurance | $20,000 | $20,000 | $0 | No change |
Total | $685,000 | $711,500 | -$26,500 | Over budget |
Notes:
The project is $26,500 over budget due to extra material and equipment costs.
Labor and subcontractor savings have helped offset some of the other expenses.
Schedule Templates @ Template.net
