General Contractor

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  • 1.  Insurance and SDI

    Posted 05-10-2020 09:31


    Good morning,

    I am looking for opinions on how you handle reserves and cost allocations for GL and SDI at the job level.
    How do you evaluate what you are charging the job ( cost plus what factor for future risk).

    What metric do you use to gauge to determine the appropriate level to maintain in your reserve. 
    If you release reserve at what level does the adjustment hit your books?  Corporate, Business level, job level.  
    How often do you adjust the rate for allocating to jobs.


    I appreciate your time, insight and perspective.  

    Mary



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    Mary

    Mary Davolt, CPA, CCIFP
    Vice President & CFO
    Pernix Group, Inc.
    D +1 (630) 396-2985
    M +1 (331) 214-0869
    mdavolt@pernixgroup.com
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