Placed footage isn't money until QC accepts the package
You put forty thousand feet in the ground and the traces pass, but you can't send the invoice because the redlines are still in review.
A concrete sub pours, the inspector signs, and they bill that week. You can have a route built, tested, and passing and still be unable to raise an invoice because one splice report is missing a required field. Closeout is a whole office function separate from the field, and most fiber subs never staffed it, so the bottleneck is usually one overloaded person with a laptop.
The size of it
Thirty to ninety days of placed but unbilled footage waits behind a document queue. Job cost shows the labor, billing shows nothing, and the WIP schedule is the only place that money exists.
Getting the fiber in the ground earns you nothing until the closeout package clears the carrier's QC desk. That package is GPS or GIS as-builts, redlines, splice reports, bidirectional OTDR traces against a loss budget, and photo documentation of depth, tracer wire, and warning tape. Packages get kicked back for paperwork far more often than for bad construction, and every kickback restarts the review clock. Payroll is already out the door while the invoice waits in a document queue inside somebody else's office.
Three moves, in order
Step 05: Software and bookkeeping alignment
Live job costs inside thirty seconds, with the bookkeeping cadence that keeps them current.
What else costs fiber contractors money
The same mechanism in other trades
What fiber owners ask
Why can't I invoice fiber footage until as builts are approved?
You put forty thousand feet in the ground and the traces pass, but you can't send the invoice because the redlines are still in review.
What does it cost?
Thirty to ninety days of placed but unbilled footage waits behind a document queue. Job cost shows the labor, billing shows nothing, and the WIP schedule is the only place that money exists.
What do I do first?
Give every work order a closeout status of field complete, package submitted, kicked back, accepted, or invoiced, and report the list weekly.
What are fiber contractors supposed to be making?
Fiber runs 22% gross margin, 15% overhead and 7% net profit before taxes at $1M–$5M. The all-trade average is 7%, so this trade is right on it. The CFOS target is 10.5%.
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 current. It comes from chapter 5 of CONTROL: The Construction Financial Operating System.
Everything on this page is something you can install yourself, andCONTROL is the order to do it in. If you would rather buy the finished result, SPM The Construction CFO does this work for fiber contractors as a service. It is a separate firm, Sulphur Prairie Management, LLC, run by the same author.
Wrote CONTROL, the 8 step system behind these figures. More about the author.