Quarterly report pursuant to Section 13 or 15(d)

Contracts Receivable Including Retainage, Net

v3.23.2
Contracts Receivable Including Retainage, Net
 9 Months Ended
Jun. 30, 2023
Contractors [Abstract]  
Contracts Receivable Including Retainage, Net Contracts Receivable Including Retainage, Net
Contracts receivable including retainage, net consisted of the following at June 30, 2023 and September 30, 2022 (in thousands):
June 30, 2023 September 30, 2022
(unaudited)
Contracts receivable $ 208,586  $ 221,566 
Retainage 47,285  44,253 
255,871  265,819 
Allowance for doubtful accounts (899) (612)
Contracts receivable including retainage, net $ 254,972  $ 265,207 
Retainage receivables have been billed, but are not due until contract completion and acceptance by the customer.