Contract Projects

Progress & AIA for your long run, Fixed Price jobs.

Set up your contract Schedule of Values for progress Billing

Contract Projects
Progress billing is a payment method in construction projects where contractors send periodic invoices based on the percentage of work completed. It allows for payment to be made as the project progresses and helps monitor project progress.

Easily set up your Schedule of Values

Create a list of items to be invoiced according to the percentage of completion at different stages outlined in your billing schedule. These items will be billed as the project progresses, ensuring that each invoice reflects the current status of work completed at the specified intervals.

Billing Retainage

Establish a percentage of the total contract price that will be disbursed upon the successful completion of the project or when a specific milestone is achieved. This ensures that payments are aligned with the progress of the work and provides an incentive for reaching key project objectives.

Import details from Estimates

In addition to the project details, incorporate items from your estimates into your schedule of values. This process ensures that all relevant cost components are accurately reflected, allowing for a comprehensive and organized financial overview of the project. Learn About Estimates

Progress & AIA Pay Applications

We offer flexible invoice formats that cater to your requirements. You can choose between our clean and simple progress invoice or a more conventional AIA pay application to send to your clients. Our aim is to provide you with customizable options that can adapt to your preferences. More on AIA Billing

Progress Invoices

Send your Clients an simple, clean, and easy to understand progress invoice.

AIA Invoices

Incorporate the AIA (American Institute of Architects) standardized format when generating your invoices.

Contract Projects

Simple Customer Payments With Stripe

Accelerate your payment process by including a payment link with every invoice you send. This feature enables your customers to conveniently make payments online within minutes, streamlining the transaction process and helping you receive funds more quickly.

Track Changes

In a fixed-price contract project, tracking changes to the project scope is crucial. Werx’s three-step process facilitates this task from the field to your next pay application.

Extra Work Authorization

Users in the field can use the Werx Field App to log work requested by the client that falls outside the scope of the original contract.
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Step 01

Change Order Request

Once the EWA is approved in the field, add pricing and additional details and send to your client requesting them to approve or send their own Change Order.
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Step 02

Client Change Order

Log client Change Orders and apply them to your schedule of values to be billed on future pay applications.
Step 03

Create a budget and Track your costs.

Contract Projects

Create a budget for job phases

Effortlessly develop detailed budgets for materials, labor, equipment, and subcontractors to cover every aspect of your project. This ensures that all necessary resources are accounted for and allows for better financial planning and management throughout the job.

Track Costs Against Your Budget

Apply all relevant costs to your projects and budget items to maintain an accurate and up-to-date overview of your project’s profitability. This approach ensures that every expense is accounted for, providing a clear and current picture of how your project is performing financially.

Up to the Minute Labor Costs

By utilizing Werx Time Tracking, you can obtain a real-time, overview of your labor costs throughout every project phase. This feature allows you to monitor and manage labor expenses effectively, ensuring that you stay informed about the financial aspects of your workforce as the project progresses.

Track Labor Hours

Here’s a longer version of your sentence: Leverage Werx Time Tracking to effectively monitor and manage labor hours for your projects. This tool provides you with real-time access to detailed employee data, including regular working hours, overtime, and double time spent on each project. With these insights, you can ensure precise tracking of labor costs and make informed decisions to optimize project efficiency and budgeting.

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