UNCOMPLETED CONTRACTS

3 Months Ended

Dec. 31, 2015

Contractors [Abstract]

UNCOMPLETED CONTRACTS

2. UNCOMPLETED CONTRACTS

Costs, estimated earnings, and billings on uncompleted contracts as of December 31, 2015 and September 30, 2015 are summarized as follows:

	December 31, 2015		September 30, 2015
Costs incurred on uncompleted contracts	$	118,538,080	$	124,388,637
Estimated earnings, net of estimated losses		14,954,930		17,475,207
		133,493,010		141,863,844
Less billing to date		128,479,213		137,790,761
	$	5,013,797	$	4,073,083
Costs and estimated earnings in excess of billings on uncompleted contracts	$	7,475,891	$	6,745,377
Less billings in excess of costs and estimated earnings on uncompleted contracts		2,462,094		2,672,294
	$	5,013,797	$	4,073,083

Backlog at December 31, 2015 and September 30, 2015 was $91.1 million and $71.3 million, respectively.