Archive for the ‘Contractor’ Category

Industry Trends in Construction and Real Estate in New England

In construction and real estate, everything is future focused. Are you looking far enough ahead at these trends in construction and real estate?

ARB hosting Construction and Real Estate Update

On October 23rd, ARB is hosting an event at the DoubleTree by Hilton Hotel focused on issues relevant to construction and real estate industries. 2018 has been a year of many regulatory changes in tax and financial accounting for construction and real estate companies. ARB is known as a leader in construction and real estate […]

David V. Jean, CPA, CCIFP Appointed to New NASBP Accountant Advisory Council

Albin, Randall & Bennett (ARB) is pleased to announce that David V. Jean CPA, CCIFP has been selected from among a national pool of construction professionals to serve on the inaugural Certified Public Accountant Advisory Council to the NASBP (National Association of Surety Bond Producers). The newly formed council is a team of eight construction […]

David Jean Published by Construction Business Owner Magazine

David Jean, CPA, CCIFP has been published in the September 2015 issue of Construction Business Owner magazine. His article “Accomplish more with less” guides contractors through three critical questions to consider when selecting and implementing accounting software: Do you spend more time managing your technology and software than you do building? Why should you opt […]

What’s on the horizon in 2015? FMI Releases U.S. Markets Construction Overview

FMI, a leading provider of management consulting and investment banking to the construction and engineering industry, has released its 2015 U.S. Markets Construction Overview. The following highlights summarize a few key forecasts for the construction industry by market. Overall, the industry recovery looks promising. The ‘up cycle’ of a cyclical industry: where are we gaining […]

Congress Passes Tax Increase Prevention Act/ABLE Act

December 17, 2014 (Portland, Maine) — On December 16, 2014 the U.S. Senate joined with the U.S. House of Representatives to pass legislation preserving many of the tax cuts and extending other expired tax provisions. President Obama is expected to sign the legislation into law. Details of the Act are still being analyzed and publicized, […]

How does the surety market impact your bonding capacity?

Have you assessed your bonding capacity lately? Do you have a good read on the 2014 surety market? The bonding market has improved somewhat since the days after the 2008 recession, but the surety industry is still somewhat conservative. Where does your construction company stand? Generally, when it comes to bonding, construction companies and contractors […]

Managing Change Orders 101: minimize the negative effects on your projects

Cut Job Costs, Prevent Conflicts With a Careful, Thorough Process As you probably know, change order disputes occur quite often in the construction business. In fact, you’d probably agree that these dilemmas plague contractors just as much as, if not more than, any other issue. Fortunately, by recognizing the problem’s source and establishing a system […]

Overhead’s up! Managing indirect costs calls for a keen eye … and a plan

Many construction company owners feel that, based on experience, they know their indirect costs — those expenses not specifically allocated to a job, such as depreciation, repairs and training (also known as overhead). Yet the money you’re spending on indirect costs may surprise you. It’s all too possible that your overhead is up — way […]

Know when to say when: Reviewing the repair vs. replace equipment decision

For contractors, deciding whether to repair or replace a piece of equipment is a recurring or, in some cases, ongoing dilemma. Wait too long to replace a piece of equipment and it could (and probably will) break down at the worst possible time. Buy too impetuously and you could be throwing away dollars better invested […]