Construct-ive Conversations
Tune in to Construct-ive Conversations, hosted by Brown Edwards CPAs. Gain valuable insights on various trends impacting the construction industry in addition to accounting, tax planning, and financial management to help your business thrive in today's complex landscape.
Construct-ive Conversations
Beyond Low Bid: Exploring Better Construction Delivery Methods
In this episode of Construct-ive Conversations, host Eddie Thompson from Brown Edwards welcomes Tina McPhail, Executive Vice President and CFO of Pray Construction. Together, they dive into the limitations of the traditional "low bid" model for public construction projects in West Virginia and explore alternative delivery methods that could provide better value and results. Tina shares her passion for implementing legislative changes to allow design-build approaches already used in surrounding states, highlighting how these collaborative methods can lead to better outcomes, reduced change orders, and more efficient project delivery. Drawing from real examples, this conversation offers valuable insights into the future of construction procurement in West Virginia.
A Business Advisor for the Construction Industry
Our team of Certified Construction Industry Financial Professionals (CCIFPs) can help you navigate the complex revenue recognition rules and job cost accounting methods of the construction industry.
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