HomeMy WebLinkAboutCost tracking
GATEWAY PARK CENTER
ITB # 19-01-01
TGSV Enterprises, Inc.
Page 1
COST TRACKING AND CONTROL
TGSV Enterprises, Inc. uses two resources for Cost Tracking and Control. The first is
our Timberline based accounting software. This program is used to enter all costs for a
project broken down for every cost line item associated with any given project. An initial
budget cost is entered for all costs that are identified for a project at its commencement.
This includes General Condition costs, material costs, Owner Direct Purchase Items (if
required), trade contractor costs, permits, insurance, etc. As these budgets become
commitments, either through contracts or actual costs, the budget updates to provide
you a snap shot of where the actual project. This is facilitated by our second resource,
which is our cost loaded schedule, which indicates to us where our cost should be as
relates as to the project schedule. Looking at both of these reports side by side will help
identify any cost line items or activities that are not in line with what was budgeted.