The Bigger Picture
Contractors build the homes and businesses where we live
and work and the infrastructure that keeps this country
moving. The construction industry will need to be one of
the leading drivers as the economy recovers.
In addition to implementing a compliance program,
contractors should work with industry trade associations,
unions, industry support groups and others to employ
educational programs, op-ed pieces and public relations
campaigns. These campaigns need to effectively build
an atmosphere of trust, cooperation, mutual respect and
communicate the message that the industry has made great
strides to eliminate corruption. Strides to the extent that
compliance agencies can proactively create a cooperative
environment and uniformity in policies and procedures,
owners, contractors and the public will benefit.
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This article is not intended to cast any particular contractor in a bad light nor to
argue the merits of the prosecutions and findings.
JAMES (JIM) P. MARTINKO is a Partner with CohnReznick LLP providing audit,
accounting, tax and management advisory services to national and local
clients primarily in the construction and real estate industries. Jim also serves
as the Co-Office Managing Partner for CohnReznick’s Bethesda, MD, office.
Jim earned a BS from the University of Maryland and serves on the Board of
Directors of Associated Builders and Contractors of Metro Washington.
JACK A. CALLAHAN is a Partner and Construction Industry Practice Leader at
CohnReznick LLP. Jack is responsible for growing the firm’s construction practice
and developing a team of accounting, tax, and consulting professionals dedicated
to and experienced in serving contractors. Jack earned a BS in Accounting from
St. Peter’s College in Jersey City, NJ, and is a member of the AICPA.
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