Girders in the Yard Can Be Billed Before They Ship
State specs let you get paid for girders stored at the fabrication plant. Most small bridge subs never file the forms and float the whole package for months.
This provision exists because bridge girders get built months early, for one contract, and can't be resold to anybody. That's why the state will pay for them in storage, and it's also why the dollar amount is big enough to move your bank balance. Trades whose material is stock inventory never get this option, so nobody in the field ever taught you to ask for it.
The size of it
A $600K girder package carried four months at 10% money is roughly $20K of avoidable interest, on top of the covenant and payroll pressure the deposit creates. Miss the estimate cutoff by two days and you wait a full month for the next one.
Material on hand payment is written into the spec. TxDOT's manual says it directly: precast concrete and steel girders may be paid while stored at the fabrication plant when they're sampled, tested, approved, or certified and ready for incorporation, and any item unique in nature and fabricated specifically for the contract may qualify. The catch is that it runs on the state's calendar and the state's paperwork. The requirements are a minimum invoice of $1,000, material properly tagged and marked to the contract, and Forms 1914 and 1915 submitted two days before the estimate cutoff and monthly after that until the balance zeroes out. Perishables are excluded, and a commercial plant serving several customers generally doesn't qualify.
Three moves, in order
Step 05: Software and bookkeeping alignment
Live job costs inside thirty seconds, with the bookkeeping cadence that keeps them true.
What else costs bridge contractors money
The same mechanism in other trades
What bridge owners ask
Can i get paid for bridge girders stored at the fabrication plant?
State specs let you get paid for girders stored at the fabrication plant. Most small bridge subs never file the forms and float the whole package for months.
What does it cost?
A $600K girder package carried four months at 10% money is roughly $20K of avoidable interest, on top of the covenant and payroll pressure the deposit creates. Miss the estimate cutoff by two days and you wait a full month for the next one.
What do I do first?
Find the material on hand provision in the contract you're running now, note the estimate cutoff date, and set a recurring reminder two days ahead of it.
What are bridge contractors supposed to be making?
Bridge runs 22% gross margin, 15% overhead and 7% net profit before taxes at $1M–$5M. The all-trade average is 7%, so this trade sits right on it. The CFOS target is 10%.
Which part of the system fixes it?
The step is number 05, software and bookkeeping alignment. Live job costs inside thirty seconds, with the bookkeeping cadence that keeps them true. It comes from chapter 5 of CONTROL: The Construction Financial Operating System.
