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Construction

We are building success.

The construction industry faces challenges unlike any other—margin pressure, seasonal and cyclical volatility, labor shortages, managing growth and working capital, jobsite safety, technology adoption, and leadership succession. Blue & Co.’s dedicated construction team is ready to partner with you to address these challenges.

Our regional footprint arms us with professionals that use their understanding of the industry to provide comprehensive solutions and serve as long-term trusted advisors.

Who we serve.

Blue & Co. currently serves more than 400 privately-held companies in the construction industry. Our clients include:

  • Commercial, institutional, and industrial building construction
  • Drywall and insulation contractors
  • Electrical contractors
  • General contractors and specialty subcontractors
  • Heavy and civil engineering construction
  • Highway, street, and bridge construction
  • Residential housing construction and remodeling
  • Masonry contractors
  • Plumbing, heating, and air conditioning contractors
  • Poured concrete foundation and structure contractors
  • Real estate companies and developers
  • Roofing contractors
  • Site preparation contractors
  • Structural steel and precast concrete contractors
  • Water and sewer line construction

Services Overview

Tax Compliance and Consulting

  • Annual and long-term tax planning
  • State and local tax compliance including sales and use taxes
  • State and local economic incentives
  • Research and development credits
  • Cost segregation studies
  • Captive insurance
  • Representation before IRS and state and local tax authorities
  • Tax return preparation

Consulting Services

  • Business valuations
  • Claims development and litigation support
  • Cash flow management and work in process forecasting
  • Bidding and estimating strategies
  • Job costing implementation including equipment job costing
  • Credit facility analysis and structuring
  • Mergers and acquisitions
  • Estate planning and owner succession and transition
  • IT advisory services
  • Financial benchmarking
  • Software selection and implementation assistance
  • Internal controls review
  • Chief Financial Officer/Controller outsourcing

Assurance and Accounting

  • Audited, reviewed, and compiled financial statements
  • Agreed-upon procedures
  • Projections and forecasts
  • Employee benefit plan audits
  • Prequalification and license reporting

Industry Organizations

  • Builders Exchange of Central Ohio
  • Allied Construction Industries
  • Associated Builders and Contractors Indiana/Kentucky
  • Associated General Contractors of Kentucky
  • CFMA Bluegrass Chapter
  • CFMA Bowling Green, Kentucky
  • CFMA Central Indiana
  • CFMA Central Ohio
  • CFMA Cincinnati
  • CFMA Kentuckiana
  • Indiana Constructors, Inc.
  • Indiana Construction Roundtable
  • Indiana Subcontractors Association
  • Kentuckiana Construction Resource Network
  • Kentucky Construction Users Council
  • KY Association of Highway Contractors
  • Surety Association of Indiana
  • Surety Association of Kentucky
  • Surety Association of Ohio

Testimonials

  • “Their responsiveness and willingness to do what is needed is one of the ways they exceed my expectations. As a person that does not have an accounting background, I appreciate their patience and willingness to talk very slow!”

    Brady Showalter

    Building Associates, Inc.

Construction Tax Alert: New $25M Average Gross Receipts Threshold

Construction Tax Alert: New $25M Average Gross Receipts Threshold

The new Tax Cuts and Jobs Act (TCJA) has brought many changes to the tax law. However, there is one area not drawing a lot of attention that is worth discussing: the change to a $25 million average gross receipts threshold. The new $25 million average gross receipts threshold will have a huge impact on […]

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The Importance of the Gain_Fade Analysis for Contractors

The Importance of the Gain/Fade Analysis for Contractors

In layman’s terms, the gain/fade analysis is a comparison of the preliminary contract amount and its related cost budget to the final contract amount and total costs incurred on the job at job completion. This analysis provides the owner with valuable information related to job performance, profitability of change orders, and an estimator’s overall ability. Large […]

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IT Strategy Considerations for Construction Companies

IT Strategy Considerations for Construction Companies

As with many industries, the construction industry is beginning to see a change in how technology can enable aspects of many processes.  However, with an average spend of approximately 1.5% of revenue on information technology (the lowest among any industry), construction companies must ask themselves, “are we deploying our IT resources in the most effective […]

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Connect with our team.

To learn more about the industries we work with, contact our team here.

Send us a message.