Quarterly report pursuant to Section 13 or 15(d)

Contracts Receivable Including Retainage, net

v3.20.2
Contracts Receivable Including Retainage, net
9 Months Ended
Jun. 30, 2020
Contractors [Abstract]  
Contracts Receivable Including Retainage, net Contracts Receivable Including Retainage, net
Contracts receivable including retainage, net consisted of the following at June 30, 2020 and September 30, 2019 (in thousands):
June 30, 2020 September 30, 2019
(unaudited)
Contracts receivable $ 112,294    $ 121,050   
Retainage 22,070    19,835   
134,364    140,885   
Allowance for doubtful accounts (1,278)   (1,003)  
Contracts receivable including retainage, net $ 133,086    $ 139,882   
Retainage receivables have been billed, but are not due until contract completion and acceptance by the customer.