What is a construction budget report?

A construction budget report is a document that outlines the costs associated with a building project. It includes details on expenses related to labor, materials, equipment, permits, and any other expenses that are necessary for the completion of the project. The report is typically created at the beginning of the project and is updated periodically to ensure that the project is on track and to identify any potential cost overruns. The purpose of the construction budget report is to provide a clear understanding of the financial resources required for the project and to help manage those resources effectively.

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