Incomplete Financial Profile

This article details how to identify incomplete sections on your Finance Profile, and how to complete them. 

A financial profile may be marked as incomplete if any of the mandatory questions have not been answered, or the required documents have not been uploaded and/or are out of date.

The reasons why the financial profile is incomplete may be found by logging into your profile and clicking on the Tasks tab at the top of your page.  The drop-down will display how much remains to complete for your Finance section.Screenshot 2023-10-09 at 3.55.26 PM.png

 You may also navigate to the Safety tab, then click on 'What's Left' to open a list of what is missing.

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A new box will pop up listing the incomplete items, listed by tab and by client/GC (if you have multiple clients selected to view your financial profile). If you have multiple clients listed, be sure to click on each name to see what is missing for each owner by tab.

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Requirements 

On the Financials tab, upload the company's most recent financial statements including:

  • Audited, reviewed, or compiled Financial Statements for the current year

If your company cannot produce an audited/reviewed/compiled statement for the current year, the following documents are required:

  • Income Statements, Balance Sheet, Cash Flow Statements for the previous year

Update the Work Volume section to include the following fields:

  • Expected Annual Volume This Year 
  • Largest Contract Completed in Last 3 Years (Update as necessary)
  • Annual Volume of Work Performed 
  • Largest Contract Completed

Provide updated Backlog and Work-In-Progress (WIP) schedules.

On the Surety Programs tab, If there have been any changes to your company’s Surety Bonding Program, make updates accordingly.

Each incomplete tab will also be marked with a red notification icon for easy navigation. Once you complete the missing items and press save, the red icon will disappear. 

Please note, if you choose to not upload your financial statements, your profile may be marked as incomplete until they are uploaded per the client’s requirements.

Once you complete the necessary sections, a quality check will be conducted.