Construction Contractors

• Internal Controls and Senior Management Oversight
  • Reporting capabilities, job costing and accounting systems, departmental policies, procedures, processes, business plan development and review, project kick-offs, monthly reporting and reviews, and assessment of the various specific risks
• Financial Reporting
  • Timely month-end close and financial reporting (including WIPs)
  • GAAP and Cash Flow Projections (short and long term), cash management
  • Source document entries with proper cut-off
  • Year-end package to outside CPA firm
  • Timely billings to customers to control project cash flows
  • Support to Estimating and Project Management teams
• Estimating
  • Bid reviews, “Go/No-go”, scope review (plans and specifications)
  • Methodology of monetizing construction activities, overhead and profit percentages
  • Subcontractor pre-qualification (bonding requirements) process and buy-out
  • Labor and Equipment needs (owned and leased) and associated costing
• Project Management
  • Staffing selection, job costing and approvals, billings, milestone reviews
  • Cost to completes (process and completion along with proper review)
  • Project Manager’s report content
  • Budget to actual reconciliations, WIP preparation
  • Financial and “on-site” performance responsibilities
• Evaluate Key personnel
  • Facilitate retention of desired individuals
  • Identify supplemental staffing needed to accomplish objectives
• Continuity Planning
  • Ownership transfer
  • Project management
• Reduce risk and leverage
  • Comprehensive strategic and operational analysis
    • Beneficial for contractors
      • Looking to expand their work program or territory
      • Experiencing profitability, liquidity or leverage issues
      • Needing improved financial and project reporting tools

Contractor services – adding value to the agent / broker and the principal

• Reduce risk and leverage
  • Comprehensive Strategic and Operational Analysis of Designated Clients
    • Beneficial for contractors
      • Looking to expand their work program or territory
      • Experiencing profitability, liquidity or leverage issues
      • Needing improved financial and project reporting tools
• Improve profitability and liquidity
  • Internal Controls and Senior Management Oversight
    • Reporting capabilities, job costing and accounting systems, departmental policies, procedures, processes, business plan development and review, project kick-offs, monthly reporting and reviews, and assessment of the various specific risks
  • Financial Reporting
    • Timely month-end close and financial reporting (including WIPs)
    • GAAP and Cash Flow Projections (short and long term), cash management
    • Source document entries with proper cut-off
    • Year-end package to outside CPA firm
    • Timely billings to customers to control project cash flows
    • Support to Estimating and Project Management teams
  • Estimating
    • Bid reviews, “Go/No-go”, scope review (plans and specifications)
    • Methodology of monetizing construction activities, overhead and profit percentages
    • Subcontractor pre-qualification (bonding requirements) process and buy-out
    • Labor and Equipment needs (owned and leased) and associated costing
  • Project Management
    • Staffing selection, job costing and approvals, billings, milestone reviews
    • Cost to completes (process and completion along with proper review)
    • Project Manager’s report content
    • Budget to actual reconciliations, WIP preparation
    • Financial and “on-site” performance responsibilities
  • Evaluate Key personnel
    • Facilitate retention of desired individuals
    • Identify supplemental staffing needed to accomplish objectives