Helping Contractors Build Stronger Financial Foundations
The construction industry continues to face changing regulations, labor pressures, and economic uncertainty, making it more important than ever to have a strategic financial partner. At BPS, we’ve built long-standing relationships with general contractors, homebuilders, specialty trades, and construction-adjacent businesses who rely on us not just for compliance, but for guidance that supports long-term stability and growth.
Our Construction Group brings specialized knowledge in tax, accounting, assurance, and business consulting, delivered with the steady support our clients count on to enhance profits, preserve cash flow, and improve operational efficiency.
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We Understand the Challenges of the Construction Industry
At BPS, we know construction companies navigate challenges that extend well beyond day-to-day operations. We routinely help contractors:
- Prepare audits and financial packages that meet bonding and banking requirements
- Navigate workforce shortages while maintaining financial oversight and internal controls
- Improve job costing and WIP tracking to better manage cash and profitability
- Plan for ownership transitions, whether family-led or external
- Uncover overlooked tax opportunities tied to equipment, materials, and location
- Stabilize accounting operations after turnover or during periods of growth
We meet you wherever you are and help get you where you want to go.
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Services Tailored for the Construction Industry
Our team works closely with privately held construction firms to strengthen financial operations, optimize tax strategies, and prepare for what’s ahead. Whether you’re scaling operations, restructuring, or simply need better financial insight, BPS delivers clarity and practical solutions.
Audit & Assurance
- Financial statement audits, reviews, and compilations
- Agreed-upon procedures
- Assurance for bonding, banking, or ownership transactions
- Internal control assessments to reduce risk
Tax Planning & Compliance
- Maximizing construction-specific tax credits and incentives
- Managing multi-state and project-based tax complexities
- Succession and estate planning for family-owned businesses
Outsourced Accounting & Advisory Services
- Monthly bookkeeping and reporting
- Interim or fractional controller/CFO support
- Job costing and WIP schedule refinement
- Cash flow forecasting, budgeting, and margin analysis
Transaction and M&A Support
- Pre-transaction quality-of-earnings reports
- Due diligence and negotiation support
- Post-acquisition financial integration and guidance
What Sets BPS Apart?
We Know Construction
- Our team has worked with general contractors, specialty trades, developers, and equipment distributors for years. We understand bonding requirements, WIP schedules, job cost systems, and the real-world financial challenges construction businesses face.
Right-Sized Support for the Middle Market
- We work with privately held construction businesses, often family-owned or founder-led and ranging from $15M to $150M in revenue. These companies value experienced guidance, steady relationships, and a team that understands the pace and pressure of the industry. We’re structured to deliver personalized support that scales with your business, whether you’re managing local projects or expanding across the region.
We’re Responsive, and We Stay Consistent
- When you call, you get someone who knows your business. Our partners and senior staff stay involved, and we build long-term relationships that carry through transitions, growth, and change.
Proactive, Practical Advice that Moves with You
- Whether you’re taking on new projects, entering new markets, or preparing for a leadership change, we help you think a step ahead. We know construction isn’t static, so we don’t just keep the books. We help you move the business forward.
Can BPS help us prepare financials that meet bonding requirements?
Yes. Many of our construction clients first came to us needing audited or reviewed financials for bonding capacity. We’re familiar with what bonding agents expect and help make the process efficient—not just the first time, but year after year.
We operate in multiple states. Can you help us stay compliant with taxes?
Definitely. Our SALT team helps contractors manage sales and use tax, particularly when dealing with large-scale facility builds, exempt materials, or work across state lines. We’ll also help monitor nexus and keep filings organized.
Do you work with family-owned construction companies going through transitions?
All the time. We’ve helped owners plan for succession—whether that means selling, bringing in a new partner, or handing things off to the next generation. We start early, offer a clear plan, and coordinate with your legal and financial advisors to make it smooth.
We’ve had turnover in our accounting team, can you help us get caught up?
Yes. We frequently step in to help with cleanup, monthly close, or interim controller support. Whether you’re between hires or just behind, we’ll help stabilize things and build better processes moving forward.
Our WIP schedules never seem to tie out. Can you help us clean that up?
We can. We’ll review how you’re tracking jobs, walk through what your system is (or isn’t) capturing, and help bring consistency to your job cost reporting so it’s useful for management—and acceptable for bonding and banking.
We’re looking to grow or add new services. Can you help us evaluate the impact?
Yes. Whether it’s adding a new line of work, entering a new state, or buying equipment, we can model out the cash flow, tax impact, and entity implications so you can move forward with clarity.
Do you help with internal controls or process improvement?
Yes. Especially for fast-growing companies, we often review internal controls, make process recommendations, and help set up better reporting routines. We know how to strengthen oversight without creating unnecessary red tape.
Can you help us evaluate whether it’s time to change accounting systems?
We can help you weigh the pros and cons of switching, assess your current system’s limitations, and recommend options that fit your size and complexity, whether that’s a full ERP or just a better setup within QuickBooks.
Do you work directly with our attorney or bonding agent?
Yes. We regularly coordinate with bonding agents, banks, and legal teams to support everything from loan packages to ownership transitions. We’re used to jumping into those conversations and making life easier for everyone involved.
How quickly can you get up to speed on our business?
Fast. We’ve worked with dozens of contractors and construction-adjacent companies. We know the right questions to ask, and we can usually spot the biggest priorities after just a few conversations and a review of your current financials.
Do we need to change everything to work with BPS?
Not at all. We meet you where you are. Some clients need a full reset; others just want a second set of eyes or help during a transition. We’ll scope the work based on what matters most to you, not just what looks good on paper.