ARE YOU WORKING WITH THE DEPARTMENT OF TRANSPORT AND MAIN ROADS?
We can help you with tax planning and forecasting, and applying for tenders.
DEPARTMENT OF TRANSPORT AND MAIN ROADS
Engineers are known for being creative and innovative big picture thinkers when it comes to managing projects in industries such as construction; in particular, transport and main roads.
However, they tend to struggle with accounting needs like bookkeeping, tax planning, cash forecasting, payroll, and software solutions.
Moreover, when engaging in construction projects, the TMR department generally involves tenders – a process which can be confusing for some, as it involves proposing projects to the respective governmental department.
At Agilis CA, when working with business owners operating in transport and main roads, we specialize in helping them with their tax planning and cash flow forecasting, as well as applying for tenders.
When project payments come in, Agilis CA can analyze how and when the business will see the highs and lows of their cash flow, and the business’s capabilities. From this cash flow forecast, we can understand how it will benefit both them and the bank; ultimately preparing them for an outcome.
When applying for tenders for a construction project, all details in the application must be correct and all requested information provided. Consequences are incurred when information is deemed misleading or false, additional information for a project is provided after the initial lodgement when it should have reasonably been included in the original application, or if the department of Transport and Main Roads incur costs as a result of information submitted late.
Therefore, this highlights the importance of ensuring when you apply for tenders, that all required information is correct, and submitted together in one application. Agilis CA can help you with this.
For additional information on TMR, click here to read out article on Accounting for Engineering and Construction Companies Dealing with the Department of Transport and Main Roads.
You can also watch our video below, to learn how Agilis CA specialises in working with TMR clients.