Uninstalled materials are materials purchased by a contractor and used to fulfill the contractor's performance obligations under a contract for which the cost incurred does not represent a cost transfer to the customer. If the reporting organization is just providing a procurement service, the cost of uninstalled materials should be removed from monitoring progress toward meeting a performance obligation.
Explore how AI is revolutionizing construction—from smarter bidding and automated takeoffs to real-time safety monitoring and predictive scheduling. This guide breaks down key AI concepts and showcases tools that enhance efficiency, safety, and profitability.
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Read Moreiscover the top construction industry organizations to join in 2025. From AGC and ABC to NAHB and CFMA, this guide breaks down the benefits of each group, helping contractors, subcontractors, and professionals grow their network, stay informed, and gain industry support.
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