Friday, February 28, 2020 9:32:37 AM
These are agreements to provide a set of services within a specific timeframe. Part of that contractual process will have involved $SPSO knowing what their current obligations are and providing a window they can actually provide the services in. Once the contract is signed, it's part of the backlog until completed or until either side violates the contract.
I'm not privy to know if there's an amount paid up front to help cover material & labor costs but generally I believe the payment will be recorded at the fulfillment of the job/contract.
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