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Ganga Expressway is an under-construction, 1,047 km (651 mi) long, of which 594 km (369 mi) has been approved, 6-lane (easily widenable to 8) wide greenfield expressway in the state of Uttar Pradesh, India. [2]
The report recommended building a trade center along the waterfront to facilitate commerce within the Port of New York. [27] The study also stated that Rockefeller's suggested site near the South Street Seaport was the most ideal location for the trade center, but did not take locals' possible objections into account. [ 28 ]
As of end of October 2023: of 33 structures, by the end of 2023 10 will be underway, and only 15 will remain to be completed; of 32 miles of guideway, 2 miles are completed, 18 are underway, and 12 miles remain; and of 992 utility relocations, 564 have been completed, 250 are in progress, and 178 remain. Construction Package 2-3 (CP 2-3 ...
The Completed-contract method is an accounting method of work-in-progress evaluation, for recording long-term contracts. GAAP allows another method of revenue recognition for long-term construction contracts, the percentage-of-completion method. With this method, revenue is recognized when the contract is fulfilled.
Revenues and gross profit are recognized each period based on the construction progress, in other words, the percentage of completion. Construction costs plus gross profit earned to date are accumulated in an asset account (construction in process, also called construction in progress), and progress billings are accumulated in a liability account (billing on construction in process).
The construction begins, the project is expected to be completed by December 2025. The project is planned to be developed in 3-phased manner. Upon completion of Phase 1, the terminal handling capacity is expected to be 6.3 million passengers per year, and is further expected to rise to 12 million passengers per year upon completion of Phase 2.
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