Get Cost Control Report

Completing the Cost Control Report online is essential for tracking project expenses and maintaining financial oversight. This guide provides a step-by-step approach to ensure accurate and efficient completion of the form.

Follow the steps to successfully complete the Cost Control Report.

1. Click the ‘Get Form’ button to access the Cost Control Report and open it in your preferred online editor.
2. Fill in the 'Estimate No.' and 'For Period' sections to specify the reporting period for your cost estimates.
3. Enter your 'Consultant Name', 'NYSDOT Contract No.', 'PIN Number', and 'Project Name' in their respective fields to identify your project.
4. For each task, fill in the 'TASK NUMBER', 'COST ITEM', and the 'THIS PERIOD' costs to document expenses incurred during the reporting period.
5. Complete the 'TO DATE' section with cumulative costs up to this reporting period for accurate forecasting.
6. Provide your 'ESTIMATED TO COMPLETE' figures for each phase, making sure they reflect an accurate assessment of remaining work.
7. Calculate the 'ESTIMATED TOTAL' by summing the 'TO DATE' and 'ESTIMATED TO COMPLETE' columns.
8. Enter the approved 'BUDGET' amount for each phase, ensuring it reflects the current financial plan.
9. Update 'BUDGET (5) + AUTHORIZED EXTRA WORK' with the budget total plus any agreed-upon extra work that is not yet formalized.
10. Calculate the 'UNDER (OVER)' amount, which shows the difference between the 'ESTIMATED TOTAL' and the 'BUDGET'.
11. Assess the '% PHASE COMPLETE' for each task to indicate the percentage of work completed based on your evaluations.
12. Review the totals for 'TOTAL A' and 'TOTAL B' to summarize direct costs, overheads, and overall expenses.
13. Finally, save your changes, download a copy for your records, and print or share the Cost Control Report as needed.

Complete your Cost Control Report online today for effective cost management!