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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.

Are you looking for a way to have your business fund your retirement_

Are you looking for a way for to have your business fund your retirement?

If you are interested in larger contributions than a 401(k) plan will permit, a cash balance pension plan may be right for you. Someone 60 years or older can possibly receive $200,000 or more in pretax contributions in a cash balance plan, whereas the maximum 401(k) contribution limit for someone age 60 would be closer […]

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New Lease Accounting Standard Deferral

New Lease Accounting Standard Deferral

The Financial Accounting Standards Board (FASB) voted on Wednesday, July 17, 2019, to propose delaying the effective date of four major accounting standards, including ASC 842, Leases, for privately held companies and nonprofit organizations. The delay would mean applicable companies have an extra year to adopt the new lease accounting standards, subject to the FASB […]

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Revoke or Not to Revoke – That Is The Question

Revoke or Not to Revoke – That Is The Question

The Tax Cuts and Jobs Act (TCJA) was signed into law on December 22, 2017, and we have had a full tax year, and the following tax season, to absorb the impact of the myriad of tax law changes that were the result. In response to this, many construction companies have asked if they should […]

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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.