Our Qualifications

Davidson, Golden & Lundy serves more than 350 contractors across the country. We specialize in the construction industry by providing our clients with value added feedback that enables them to be more profitable. We pride ourselves on providing much more than an audit or tax return on every engagement. Working with people who have answers and know the quickest path to solutions gives you a competitive advantage. Davidson, Golden & Lundy is dedicated to helping our clients excel.

Our clients include heavy highway and utility contractors, general contractors, specialty subcontractors, real estate developers, venture capitalists, service organizations, and light manufacturers. We provide auditing, tax, management consulting, and litigation support services to organizations such as Anderson Columbia Company, Inc., Wright Brothers Construction Co., Inc., Tennessee Asphalt Company, Johnson Brothers Corporation, Honeywell Inc., and Turner Construction Company, Inc.

Our extensive experience and commitment to the construction industry sets us apart from our competition. With our resourcefulness and adaptability our clients have repeatedly added value to their bottom line by:

• Recognizing at risk contracts early in the process when there is still enough time to take corrective action
• Identifying weaknesses in the system of internal control
• Research and follow-up of tendencies and weaknesses identified through fade schedules, contract cash flow analysis, and project management schedules

Surety Services We Perform: Good Contractor with Concerns about Internal Systems and Controls

The benefits of our services have been many. We will verify the reasonableness of estimated gross profit and review indirect cost allocations and equipment costing methods. We can identify issues related to underbillings, poor cash management on a job by job basis, weaknesses in the way bid estimates are prepared and tracked, and job fade/gain tendencies. We will also calculate key bonding ratios and prepare a lookback calculation that restates construction revenue and over/under billings to actual for each period examined. In addition, we will complete an internal control questionnaire and compare to companies we consider to be "best of class." We will present our final report to you on the afternoon of the final day of our engagement.

Troubled Contractor

Our firm can provide you with peace of mind by helping you to quantify and manage your risks. We accomplish this through breakeven analysis, calculations of important ratios, and if applicable, schedules showing the number of months the contractor can operate at its current margins before depleting its cash. We will determine that contractor costs are proper and charged to the correct job. We also possess the tools and knowledge to prepare an equipment valuation and to determine the liquidation value of the Company. At the conclusion of this engagement we will also present you with our report on the last day of fieldwork.

Other Services

Davidson, Golden & Lundy has developed contractor tax and licensing guides specific to twelve states in the Southeast that discuss everything a contractor should know about the applicable taxes and licensing requirements in those states. The Contractors’ State Highway Pre-qualifications Guide, Contractors’ State Licensing Guide and Contractors’ State Tax Guide are available for: Alabama, Arkansas, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, Texas, and Virginia. Although these guides are limited to the Southeastern States, we have experience dealing with contractor tax and licensing issues in all fifty states.

Because we are accustomed to working with the myriad personalities exhibited within the construction industry, we can effectively communicate with these individuals at all levels. In addition, our people are more qualified and experienced in the construction industry than any of the national firms. Because of the excellent skills our professionals possess we will provide you with a useful end product, delivered in the most efficient method.