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.

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Accounting Standards Codification (ASC) Topic 842 (ASC 842) is the new lease accounting standard that is effective for calendar year-end non-public companies beginning January 1, 2020. Under this new standard, all companies reporting under U.S. GAAP will be required to record all lease arrangements longer than 12 months in duration on their balance sheet – […]

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Revenue Recognition Standard (Topic 606)_ Implementation Trends Contractors Need to Know (1)

Revenue Recognition Standard: Implementation Trends for Contractors

The new revenue recognition guidance (also known as Topic 606), requires that revenue be recognized in accordance with a five-step process: Identify the contract with a customer Identify the performance obligations in the contract Determine the transaction price Allocate the transaction price to the performance obligations Recognize when (or as) each performance obligation is satisfied […]

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Is now the time to sell? Consider the 4 P's of a successful transition process

Is now the time to sell?

Consider the 4 P’s of a Successful Transition Process There’s a well-known saying, “A rising tide lifts all boats,” suggesting as improvements in the general economy occur so will the fortunes of those who – both directly and indirectly – participate in said economy. On September 20, 2018, the S&P 500 and the Dow Jones […]

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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.