Higher Education is hereby authorized to execute and administer contracts for. construction, repair, renovation, and maintenance projects, including all. aspects of project management, design, construction, and legal and. administrative services related to and necessary for the completion of projects.
What is 'Annualized Income' Annualized income is an estimate of the amount of money that an individual or a business generates over the course of a year. Annualized income is calculated with less than one year's worth of data, so it is only an estimate of total income for the year, and annualized income figures can be helpful for creating budgets and making estimated income tax payments.
Accrued revenue is an asset class for goods or services that have been sold or completed but the associated revenue that has not yet been billed to the customer. Accrued revenue â which may include income that is due in arrears â is treated as an asset on the balance sheet rather than a liability.