已完工未结算：理解建筑行业的这一常见现象

中文：

在建筑行业，“已完工未结算”是一个常见的术语，它通常指的是工程已经按照合同要求完成，但相关的款项尚未完成结算的情况。这种情况通常出现在大型建筑项目中，如基础设施建设、商业地产开发等。

“已完工未结算”的形成有多种原因。一方面，建筑项目通常涉及多个合同方和复杂的支付流程。当工程完成后，可能还需要进行一系列的验收、审核和审批程序，这些过程可能会耗费一定时间，导致款项未能及时结算。另一方面，一些建筑项目可能存在变更、索赔或争议，这些问题需要在结算前得到妥善解决，因此也会延长结算时间。

对于建筑企业和投资者来说，“已完工未结算”项目具有一定的风险和挑战。首先，这些项目会占用企业的资源，如资金、人力等，而这些资源如果不能及时释放，可能会影响企业的运营效率。其次，如果结算时间过长，可能会增加项目的成本，如利息支出、管理费用等。此外，如果项目存在争议，还可能导致法律纠纷和声誉损失。

因此，建筑企业和投资者在参与建筑项目时，需要充分了解项目的结算情况，并采取相应的风险管理措施。例如，可以与合同方明确结算流程和时间节点，加强沟通和协调，确保项目能够按时完成结算。同时，也可以考虑通过保险、担保等方式来降低潜在的风险。

英文：

In the construction industry, the term "completed but not settled" is commonly used, referring to a situation where the work has been completed according to contract requirements, but the related payments have not yet been settled. This scenario is typically encountered in large-scale construction projects such as infrastructure development and commercial property development.

There are several reasons for the emergence of "completed but not settled" situations. Firstly, construction projects often involve multiple contract parties and complex payment processes. Upon completion of the work, a series of acceptance, review, and approval procedures may still need to be carried out, which can take some time, resulting in delayed settlement of payments. Secondly, some construction projects may encounter changes, claims, or disputes that need to be resolved before settlement, thus prolonging the settlement process.

For construction companies and investors, "completed but not settled" projects pose certain risks and challenges. Firstly, these projects can tie up the company's resources such as funds and manpower, which, if not released in a timely manner, can affect the company's operational efficiency. Secondly, a prolonged settlement period can increase the cost of the project, such as interest expenses and management fees. Additionally, if there are disputes in the project, it may lead to legal entanglements and reputational damage.

Therefore, when participating in construction projects, construction companies and investors need to fully understand the settlement situation of the project and take corresponding risk management measures. For example, they can clarify the settlement process and time nodes with contract parties, strengthen communication and coordination, and ensure that the project can complete the settlement on time. At the same time, they can also consider using insurance, guarantees, and other means to mitigate potential risks.