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DISAGGREGATION OF REVENUE
3 Months Ended
Dec. 31, 2018
Disaggregation of Revenue [Abstract]  
DISAGGREGATION OF REVENUE
3. DISAGGREGATION OF REVENUE

 

We disaggregate our revenue based on our operating groups and contract types as it is the format that is regularly reviewed by management. Our reportable operating groups are: Petroleum and Gas, Water, Sewer and other services, and Electrical and Mechanical services. Our contract types are: Lump Sum, Unit Price, and Cost Plus and Time and Material (T&M). The following tables present our disaggregated revenue for the three months ended December 31, 2018 and 2017:

 

    Three months ended December 31, 2018              
                         
   

Petroleum &

Gas

   

Water, Sewer and

Other

   

Electrical and

Mechanical

   

Total revenue

from contracts

 
                         
Lump sum contracts   $ -     $ -     $ 7,336,710     $ 7,336,710  
Unit price contracts     26,350,168       3,072,043       -       29,422,211  
Cost plus and T&M contracts     1,788,299       247,035       4,548,679       6,584,013  
Revenue from contracts in progress   $ 28,138,467     $ 3,319,078     $ 11,885,389     $ 43,342,934  
                                 
Lump sum contracts   $ -     $ -     $ 879,978     $ 879,978  
Unit price contracts     2,465,135       398,914       -       2,864,049  
Cost plus and T&M contracts     434,050       9,842       1,583,286       2,027,178  
Revenue from completed contracts     2,899,185       408,756       2,463,264       5,771,205  
                                 
Total revenue from contracts   $ 31,037,652     $ 3,727,834     $ 14,348,653     $ 49,114,139  
                                 
Earned over time   $ 31,037,652     $ 3,727,834     $ 14,081,624     $ 48,847,110  
Earned at point in time     -       -       267,029       267,029  
Total revenue from contracts   $ 31,037,652     $ 3,727,834     $ 14,348,653     $ 49,114,139  

 

    Three months ended December 31, 2017              
                         
   

Petroleum &

Gas

   

Water, Sewer and

Other

   

Electrical and

Mechanical

   

Total revenue

from contracts

 
                         
Lump sum contracts   $ -     $ -     $ 10,656,189     $ 10,656,189  
Unit price contracts     6,704,069       1,695,852       -       8,399,921  
Cost plus and T&M contracts     1,799,420       28,973       3,668,835       5,497,228  
Revenue from contracts in progress   $ 8,503,489     $ 1,724,825     $ 14,325,024     $ 24,553,338  
                                 
Lump sum contracts   $ -     $ -     $ 1,996,247     $ 1,996,247  
Unit price contracts     3,631,374       900,549       816,737       5,348,660  
Cost plus and T&M contracts     649,358       -       -       649,358  
Revenue from completed contracts     4,280,732       900,549       2,812,984       7,994,265  
                                 
Total revenue from contracts   $ 12,784,221     $ 2,625,374     $ 17,138,008     $ 32,547,603  
                                 
Earned over time   $ 12,784,221     $ 2,625,374     $ 16,897,048     $ 32,306,643  
Earned at point in time     -       -       240,960       240,960  
Total revenue from contracts   $ 12,784,221     $ 2,625,374     $ 17,138,008     $ 32,547,603