Quarterly report pursuant to Section 13 or 15(d)

Construction Backlog (Tables)

v3.20.2
Construction Backlog (Tables)
6 Months Ended
Jun. 30, 2020
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Schedule of backlog of signed construction and engineering contracts

 

 

 

2020

 

 

2019

 

 

Balance - beginning of period

 

$

17,634,261

 

 

$

97,657,379

 

 

New contracts and change orders during the period

 

 

514,041

 

 

 

17,659,053

 


Adjustments and cancellations, net

(27,370 )

(94,697,336 )

 

Subtotal  

 

 

18,120,932

 

 

 

20,619,096

 

 

Less: contract revenue earned during the period

 

 

(827,705

)

 

 

(2,984,835

)

 

Balance - end of period

 

$

17,293,227

 

 

$

17,634,261

 

Construction Backlog [Member]  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]  
Summary of expects to satisfy remaining unsatisfied performance obligation



2020

Within 1 year
$ 4,436,977

1 to 2 years


10,285,000

Thereafter


2,571,250


Total Backlog
$ 17,293,227