51.3%complete by value of work done
Value of work done is £359,223, 51.3% of the £700,780 contract with electrical assessed at 46%. The client has paid £429,822, ahead of value but £50,252 short on the August instalment. Cost to date is £243,464 and the job is forecast to finish at £207,436 of gross profit, a 29.6% margin, up from 28.1% in July.