Construction Industry Insight | Rea CPA

COVID-19 Insight For Construction Companies

Construction Industry Resources | COVID-19 Insight | Ohio CPA Firm

Employers in the construction industry are facing unique challenges with regard to the COVID-19 (coronavirus) crisis. Fortunately, there are a number of resources available to help you identify available solutions. Take a look at the following links for additional insight:

Builders Exchange of Central Ohio

The Builders Exchange of Central Ohio continues to monitor the evolving coronavirus situation from a federal, regional and industry perspective. Click here for access to an excellent source of information for construction companies.

Construction Employers Association

Updated daily, the Construction Employers Association is committed to providing companies in Northeast Ohio and beyond with a range of critical information to help you maintain business operations during this time of uncertainty. Check out this website for resources related to building trades, cleaning and disinfecting, healthcare and mental wellbeing, and more.

Construction Financial Management Association

CFMA has compiled a robust list of resources to help construction companies understand how COVID-19 will impact their organizations and the steps they can take to navigate this pandemic. There are many resources available to non-members, but to see the full list of resources, you must be a member. Check it out here.

Associated General Contractors Of America

The U.S. Department of Homeland Security's Cybersecurity & Infrastructure Security Agency released new guidelines on essential critical infrastructure that clarifies construction's critical role. Federal officials heeded the association's advice and opted to release the new guidance that makes it clear that construction activities are included in its list of essential critical infrastructure workers. This new federal guidance should help eliminate the confusion and ambiguity that has led several state and local officials to needlessly order halts to construction activity that is clearly essential. Specifically, federal officials have opted to identify construction and related activities, including the manufacture and delivery of construction supplies and safety equipment and the permitting & inspection of projects, in 25 different parts of its guidelines, compared to four times in its prior iteration.

Additional Business Resources

As part of our COVID-19 resource center, Rea & Associates has worked to provide you with a variety of resources available to all businesses. Please check out the additional links featured in the right navigation pane of this page. Alternatively, you can click on the links below to access the critical information.

Contact Us

If you have additional questions regarding COVID-19 and how the coronavirus crisis is impacting your business, contact us today and we will be happy to put you in touch with one of our dedicated service professionals. You are also welcome to reach out to Doug Houser, principal and director of construction and real estate services, directly at 614.314.5937 or doug.houser@reacpa.com.