What is unfinished construction?

"Construction in progress" - definitionquite complex, including the cost of work already done. In addition, this category can be attributed to the value of the customer's accepted and already paid processes, expressed in a price equivalent. It should also be remembered that this section additionally includes the cost of all kinds of technological equipment: both installed and in the process of installation construction. Summarizing all of the above, it can be concluded that unfinished construction necessarily affects the state of the customer's balance and fully belongs to the category of installation and design and survey activities attributed to unfinished construction sites or not delivered on time to normal operation conditions.

Distinctive features

Incomplete construction is an importanteconomic indicator, which should be allocated against the background of other similar ones. It's all about the similarity of the name and quite different definitions. For example, the most similar term (incomplete construction production) means the cost of completed assembly and construction activities, which, in turn, can not be accepted and paid directly by the customer. Agree, the difference is significant enough.

Perimeter of influence

The construction in progress is reduced byThe result is the elimination of the magnitude and quantity of all possible interim payments. In addition, the degree of the transfer of the object to the phase of mutual settlements between the customer and the executor has a significant effect on the above-mentioned parameter. On the other hand, a reduction in the value of the "unfinished construction" parameter entails an increase in the above-mentioned indicator, such as unfinished construction production. Thus, by calculating one criterion, one can observe the change in the behavior of the other.

Unfinished construction object

The definition of this term is sufficientsimple, but consists of many groups and varieties. For example, to this concept can be attributed any subject of the contract of construction contract, which is directly dependent on a variety of reasons. Such grounds can be considered as a lack of sufficient funds on the balance sheet of the customer, as well as inadequate equipment with building materials. As a result of the above factors, the object of construction is preserved and for some indefinite time remains at the stage of unfinished formation. If to speak literally, then to the similar term it is possible to carry any structures, constructions and the buildings which erection and arrangement was not finished. An exception to this rule are all kinds of temporary structures, such as awnings, buildings and various other similar pavilions.