FAQs - Construction Industry Services

Two of the most beneficial reports for contractors are the labor efficiency and budget-to-actual reports. Labor efficiency compares the expected labor time to the actual labor time, multiplied by a standard wage rate. The budget-to-actual report compares the operating budget to the actual revenue and expense.

Both of these reports are valuable tools for identifying areas for improvement and benchmarking costs. Call us for information about how to develop and interpret the results of these reports.

Whether retirement is in your near or distant future, SVA can help you plan a successful exit strategy. SVA helps business owners plan for retirement in a variety of ways.

• Business valuation
• Succession planning
• Mergers and acquisitions
• Tax planning
• Retirement plan design and administration, through our affiliate, SVA Plumb Retirement Plan Services, LLC
• Estate and trust management, through our affiliate, SVA Plumb Trust Company, LLC

Recently introduced tax incentives for energy efficiency improvements can offset some construction costs and reduce utility bills for years to come. SVA can help you identify tax incentives that you can incorporate into your proposals.

A cost segregation study is another way to promote your construction project. By segregating costs during the design and construction phase, your customer can accelerate depreciation and increase cash flow from day one. Call us for examples of how a cost segregation study can benefit your customers.

The software programs you need will depend on several factors, including annual revenue, volume and type of projects and the number of employees and subcontractors you manage. SVA works with a variety of construction software programs. We can help you select, install and implement software that meets your needs.