Speakers: Jim Lundy, Marcum LLP and Kelli Franco, Moss Adams, LLP
Interactive Session with discussions related to Construction Income Tax Updates and Planning, including:
- Review of Proposed Tax Law changes and their impact on the Construction Industry
- Highlights of 2021 IRS Construction Industry Audit Technique Guide
- Tricks and Traps related to tax planning and preparation for Construction Contractors
Why Projects Fail
Speaker: Mike Clancy, FMI Corporation
Project failure in the construction industry afflicts firms and projects of all sizes and levels of complexity. At the top end of the market, research indicates that fully two thirds of megaprojects, those over one billion dollars of contract value, fail to deliver on the value, cost, schedule, or quality expected. Throughout the industry, project failures are endemic and contribute more frequently to the collapse of contracting businesses than any other cause.
In this session, Mike Clancy, Partner and Strategy Practice Lead at FMI, will share the reasons projects go bad, as well as key considerations to protect yourself and your firm from these challenges. Drawing on over 20 years of personal industry experience, as well as post-mortem involvement in dozens of high-profile failed projects, Mike will walk through the leadership and operational performance issues that can doom a project to failure – or the strategies and approaches to prevent the same.
Cannabis and the Construction Industry
Speakers: Nick Richards and Carol Sigmond
Join our speakers as they provide an overview on the legalized cannabis industry at the state level and cover the unique tax and financial problems the industry faces. The presentation will then shift to focus on the interaction between the construction and cannabis industries and some of the issues facing construction companies that work in the cannabis space such as cash management, licensing concerns, worker safety, insurance issues, employers rights, zoning, and leasing issues, among many other concerns cannabis businesses need to consider.
Top Construction Technology Trends
Speaker: Bassem Hamdy
Although construction may not be the most progressive industry, Construction Technology (ConTech) is experiencing rapid growth, and greater adoption than ever before. Contractors who invest in technology are statistically more profitable than those who don’t. CFOs need to stay up-to-date on the latest technology trends in order to remain financially competitive in today’s market.
During this session, noted ConTech SME Bassem Hamdy will discuss the 2021 events that have impacted the industry, where technology is right now, and what trends can be expected in the near future.
In this presentation, attendees will learn:
- Who are the current winners (and less successful) players in ConTech
- What are the most important tech resources for CFOs to adopt today
- How will the US Infrastructure program impact construction technology