Subcontractor (thekedar) relationships drive margin on most Pakistani builds. Without a dedicated ledger, advance payments, running work, and final settlements are tracked in notebooks that finance cannot audit.
What a subcontractor ledger should track
- Contract value, scope changes, and approved variations
- Running certified work and retention held
- Advances and offsets against each payment cycle
- Outstanding balance per subcontractor and per project
Smart Construction connects subcontractor ledgers to bills and project controls so commercial managers see exposure before approving the next advance.