Budget at Completion
Budget at Completion (BAC) definition. Learn how to set the total baseline for your project's financial performance.
Calculation Formula
BAC = Original Project Estimate + Approved Change Orders Real Contractor Example
A project was estimated at $500,000. One $25,000 change order was approved. The new BAC is $525,000.
Put This Into Practice
Knowing the definition is step one. RemodelFin tracks this in real time on every job — no spreadsheets.