Infrastructure Construction Business 8-Year Financial Model – Excel XLSX

VIDEO DEMO

BENEFITS OF THIS DOWNLOADABLE EXCEL DOCUMENT

1. Prepare financial projection for an infrastructure / construction business
2. Visualise projection outputs on dashboard
3. Value infrastructure / construction business

CONSTRUCTION EXCEL DESCRIPTION

Editor Summary Infrastructure Construction Business 8-Year Financial Model is an XLSX (with supplemental XLSX) financial model built by former Deloitte financial modeling professionals, accountants, and CFA charterholders. Read more It produces an 8-year rolling, monthly three-statement projection (Income Statement, Balance Sheet, Cash Flow) for up to 25 projects with revenue on a percentage-completion basis, plus DCF valuation, breakeven analysis, IRR/NPV, and a checks dashboard. Target users include CFOs, finance managers, project finance analysts, and investors. Sold as a digital download on Flevy.

Use this model when an infrastructure or construction business needs a detailed, project-level financial forecast — for example during bidding, financing, budgeting, or board reporting.
  CFOs preparing rolling 8-year, monthly three-statement forecasts and board-ready summaries for corporate planning.
  Project finance analysts modeling percentage-of-completion revenue, per-project direct labour, materials, and monthly cash settlements for staggered project schedules.
  Treasury or finance managers stress-testing amortising borrowings, dividend policies, and working capital projections.
  Investors and lenders running valuation, IRR and NPV analyses from projected cash flows.
The model’s separate setup, calculation and output tabs, monthly rolling timeline, input checks and integrated DCF reflect good-practice financial modelling approaches used in Big 4/Deloitte modelling teams.

MODEL OVERVIEW

An infrastructure and construction business specializes in designing, building, and maintaining structures such as roads, bridges, buildings, and utilities. It involves project planning, engineering, and skilled labour to deliver safe, durable, and sustainable developments. Serving public and private sectors, the industry plays a key role in economic growth and urban development.

Our highly versatile and user-friendly Excel model allows for the preparation of an 8-year rolling 3 statement (Income Statement, Balance Sheet and Cash flow Statement) financial projection with a monthly timeline for a startup or existing construction business engaged in infrastructure and/or other construction projects.
The model allows the user to model 25 existing and/or new projects with revenue calculated on a percentage completion basis. Project costs include direct materials, direct labour and direct expenses with functionality to model inventories for direct materials. In addition model includes projections for non-direct staff costs, marketing costs, other operating costs, fixed assets, borrowings, sales tax, corporate tax and dividend distributions.

The model follows good practice financial modelling principles and includes instructions, line-item explanations, checks and input validations and incorporates a discounted cash flow valuation calculation using the projected cash flows.


KEY OUTPUTS

•  Projected full financial statements (Income Statement, Balance Sheet and Cash flow Statement) presented on a monthly basis across 8 years and summarised on an annual basis.
•  Dashboard with:
•  Summarised projected Income Statement and Balance Sheet;
•  Compounded Annual Growth Rate (CAGR) for each summarised income statement and balance sheet line item;
•  Key ratios including average revenue growth, average profit margins, average return on assets and equity and average debt to equity ratio;
•  Tables and Bar charts summarising revenue and gross profit by project
•  Charts and graphs showing: cash balance by month, free cash flow generation, cash flow statement breakdown, profit margins, income statement breakdown, net cash vs net income, working capital, valuation and capital structure.
•  Discounted cash flow valuation using the projected cash flow output.
•  Breakeven analysis
•  IRR and NPV


KEY INPUTS

Setup Inputs:
•  Name of business;
•  Currency;
•  First projection year and month;
•  Naming for projects, direct materials, direct labour, direct expenses, admin staff costs, marketing costs, admin costs, fixed assets and borrowings;

Actuals Inputs:
•  Opening balance sheet (for existing businesses);
•  Income Statement actuals (for trend analysis);

Projection Inputs:
•  Revenue inputs including project start and end date, total project revenue, project completion percentages by month and project revenue settlement by month;
•  Direct labour inputs including FTEs per project per month and monthly cost per FTE;
•  Direct material inputs include direct material cost per unit, units per project per month, safety stock percentage for direct material inventory calculation and average credit terms received;
•  Direct expense inputs include amount per project per month;
•  Other costs inputs including admin staff costs, marketing costs and admin costs;
•  Sales and corporate tax inputs including rate and payment periods;
•  Dividend inputs including amount (percentage of retained earnings) and frequency;
•  Fixed Assets including addition amounts and useful life;
•  Borrowings including addition amounts and interest rate;
•  Share Capital additions;
•  Discount rate inputs (for valuation calculation).


MODEL STRUCTURE

The model comprises of 9 tabs split into input ('i_'), calculation ('c_'), output ('o_') and system tabs. The tabs to be populated by the user are the input tabs ('i_Setup', ‘i_Actuals' and 'i_Assumptions'). The calculation tab uses the user-defined inputs to calculate and produce the projection outputs which are presented in 'o_Fin Stats', ‘o_Dashboard' and ‘o_DCF'.


KEY FEATURES

•  The model contains a flexible timeline that allows for a mix of actual and forecast periods across a 8-year period. This allows projections to be easily rolled forward as forecast periods become actual period;
•  Timeline is split on a monthly basis and summarised on an annual basis;
•  The model is not password protected and can be modified as required following download;
•  The model allows the user to model up to 25 separate projects (both existing and new) with their own unique combinations of direct materials, direct labour usage and direct expense allocations;
•  The model allows for the following number of underlying categories for each line item (these can be easily expanded if required):
•  Projects – 25 categories;
•  Direct materials – 10 categories;
•  Direct labour costs – 8 categories;
•  Direct expenses – 8 categories;
•  Non-Direct Staff costs – 8 categories;
•  Marketing costs – 5 categories;
•  Other expenses – 15 categories;
•  Fixed assets – 5 categories;
•  Borrowings – 3 facilities
•  Apart from projecting revenue and costs the model includes the possibility to model fixed assets, borrowings (amortising), dividends and corporate tax;
•  Business name, currency, starting projection period are fully customisable;
•  Revenue, cost and fixed asset descriptions are fully customisable;
•  The model included an integrated discounted cash flow valuation using the projected cash flow outputs;
•  The model includes instructions, line-item explanations, checks and input validations to help ensure input fields are populated accurately;
•  The model includes a checks dashboard which summarises all the checks included in the various tabs making it easier to identify any errors.


SUPPORT / MODIFICATIONS

We are keen to ensure our customers are satisfied and find the models useful for their financial projection needs. Our models are developed with the user in mind and include instructions, line-item explanations, checks and input validations to ensure they are as user-friendly and easy to use as possible without requiring extensive knowledge of Microsoft Excel, finance or accounting. If any questions do arise, we are more than happy to assist. We are also happy to support with any be-spoke modifications you may require to the models to better suit your business needs. To get in touch, please send us a message through the website or contact us on:

We are also always keen to receive feedback so please do let us know what you think of our models by sending us a message or submitting a review.


ABOUT PROJECTIFY

We are financial modelling professionals with experience working in big 4 business modelling teams and strong experience supporting businesses with their financial modelling and decision support needs. Our aim is to provide robust and easy-to-use tools that follow good practice financial modelling guidelines and assist individuals and businesses with their financial projection and analysis requirements.

TOPIC FAQ

What key inputs are typically required to build a construction company’s three-statement forecast?

Typical inputs include business name, currency, projection start month, opening balance sheet and income statement actuals, project start/end dates, total project revenue, monthly project completion percentages and settlements, FTE counts and cost, material units and safety stock, tax rates, fixed asset additions, borrowings and discount rate — with support for up to 25 projects.

How is revenue recognition for long-duration construction contracts usually modelled?

Revenue is commonly modelled on a percentage-of-completion basis, allocating total project revenue across months according to completion percentages and specifying when revenue is settled by month. The approach captures project-level timing of revenue and cash settlement using monthly completion percentages.

What timeline granularity is recommended for modelling multiple construction projects?

Monthly granularity is recommended to capture timing differences in revenues, labour, materials, and cash flows, while summarising results annually; models often provide a monthly rolling timeline across long horizons such as an 8-year forecast to enable roll-forwards and trend analysis.

What features should I prioritise when choosing an off-the-shelf model for infrastructure construction forecasting?

Prioritise separate input/calculation/output tabs, input checks and validations, support for multiple projects and detailed cost breakdowns, monthly rolling timelines, integrated valuation (DCF/IRR/NPV), and modifiability without password protection; for example, the Infrastructure Construction Business 8-Year Financial Model includes these features and supports up to 25 projects.

How can I evaluate whether a paid template delivers fair value for my modelling needs?

Compare included outputs (monthly 3 statements, cash flow, DCF valuation, breakeven, IRR/NPV), project capacity (number of projects and cost categories), built-in checks and instructions, and the ability to edit formulas; value often derives from saved setup time and built-in governance such as a checks dashboard and instruction notes.

I need to forecast cash flow for several staggered projects — which modelling capabilities are most important?

You need a monthly rolling timeline, per-project revenue by completion month, per-project direct materials and labour tracking, inventory/safety stock logic, working capital and tax timing, and visual outputs showing monthly cash balance and free cash flow by project to trace timing impacts.

What inputs and mechanics are typical for modelling borrowings and dividends in construction forecasts?

Typical inputs include borrowing additions, interest rates, and amortising schedules, plus dividend policy inputs such as dividend percentage of retained earnings and payment frequency. These allow forecasts to reflect interest expense, principal repayments and retained earnings impacts on equity.

Can a financial model mix historical actuals and forward forecasts and be rolled forward over time?

Yes; good-practice templates allow mixing actual and forecast periods and rolling forecasts forward so prior forecast months convert to actuals. Models implementing this use a flexible timeline and separate setup/calculation/output tabs to support a monthly rolling 8-year projection and checks dashboard.

Source: Best Practices in Construction, Integrated Financial Model Excel: Infrastructure Construction Business 8-Year Financial Model Excel (XLSX) Spreadsheet, Projectify