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