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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.

AGC's Take on the Labor Shortage

AGC’s Take on the Labor Shortage

According to an industry-based survey released in the fall of 2018 by the Associated General Contractors of America (AGC) and Autodesk, 80% of construction firms are reporting that they are having a hard time filling hourly craft positions, which represent the bulk of the construction workforce, and 56% report having a hard time finding project […]

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Proposed Rules for Classification of Debt

Proposed Rules for Classification of Debt

The Financial Accounting Standards Board has given preliminary approval for adoption of new rules regarding the classification of debt, and these new rules could have a significant impact on a contractor’s balance sheet and state capacity ratings. Current Rules of Debt Classification Under the current rules, debt may be classified as long-term on the balance […]

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The #1 issue facing construction companies (still) (1)

The #1 Issue (Still) Facing Construction Companies

Workforce development continues to be a major issue facing the construction industry. The fact that it has remained a top issue for the past several years shows it is not going away, and solutions are slow to come. When we talk to construction company clients and ask them how it’s going, many of them say, […]

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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.