Forensic Consulting Services

VERTEX’s forensic accounting practice works on actual or anticipated disputes or litigation in matters that involve construction.

Forensic Accounting Services

VERTEX provides construction accounting analysis including complete exposure analysis, joint control account administration, payment bond claim accounting, claim payment administration, accounting software analysis, financial statement evaluation, asset evaluation, salvage valuation, budgeting and cash flow analysis, payroll monitoring, prevailing wage and labor claims, income payroll and sales/use tax analysis, accounting office supervision, interim CFO and accounting staff, cost to complete estimates, construction delay cost analysis, claim and lien release negotiations, and specialized surety reports. VERTEX provides the expertise in construction and fund accounting to meet and exceed client expectations.

Funds Control

When funding a contractor, our clients require experienced personnel in construction and accounting to ensure receipt of funds from the project owner and proper disbursement of funds to subcontractors, vendors, suppliers, labor unions, etc. VERTEX provides expertise in fund control to ensure timely and accurate services.

Expert Services

VERTEX’s pool of experts have individually testified up to 150+ times in state courts, federal courts, traditional arbitration (AAA, JAG, etc.), and ICC arbitration. Our experts are qualified in construction claims, engineering issues, cost estimating, allocation, construction means and methods, surety completion contracting, and surety claims administration.

Construction Project Audits

VERTEX’s forensic accountants perform construction audits for project owners and sureties to ensure that the construction costs billed by the contractor and payments made by the owner are appropriate. Construction audits help to identify actual and potential overpayments, overcharges, and reimbursable expense issues. 

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Key Personnel

Executive Vice President

Ron Boyle, CPA

Ron Boyle, CPA

Ron Boyle is the EVP of VERTEX’s Forensic Accounting Group. He has been an accountant for over 30 years, 26 of which have been in the surety underwriting and claims field. He has extensive knowledge of independent audits of construction companies. Currently, Mr. Boyle reviews the financial condition of distressed contractors; reports potential surety bond exposure to clients; performs on-site investigation of financial records of bonded contractors and reviews, analyzes and approves contractor, owners and subcontractor claims under surety financing agreements. In addition, he performs traditional accounting functions such as tax research, reviews and compilation of income and employment tax returns.

News

VERTEX Supports 12th Annual Women in Construction Conference

October 17, 2017

VERTEX is proudly sponsoring and attending the 12th Annual Women in Construction Conference, held in Washington D.C. on Tuesday, October 24th. Since 2006, the conference has provided an avenue for younger women to learn from senior executives and industry professionals and offers networking and mentoring opportunities to all attendees. More than 300 men and women…

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VERTEX Will be at the RealShare Healthcare Conference

October 10, 2017

VERTEX is pleased to participate on a panel of educators in the upcoming RealShare Healthcare Conference in December. The healthcare industry progresses to transform, as it responds to the two-prong directive of serving a growing patient population while controlling the inflation in the price of the services it delivers. In addition to market pressures, the…

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State of the Industry

September 30, 2017

William J. McConnell PE, JD, MSCE, CDT, Chief Executive Officer of VERTEX, Presents his Annual Assessment of the US Economy, Construction and Surety Industries  As our valued customers, we want to share it with you.  S P O I L E R  A L E R T The US market is in its 99th month…

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VERTEX Co-Presenting at CFMA Midwest Regional Conference

September 26, 2017

VERTEX’s Ryan Phillips, EVP, is co-presenting with John E. Sebastian and Lauren E. Rankins of Watt, Tieder, Hoffar & Fitzgerald, LLP at the CFMA Midwest Regional Conference on September 27th in Oak Brook, IL. They are presenting on the topic of construction documentation and how to successfully manage risk and preserving claims.

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VERTEX Speaking at the Surety Association of Canada AGM Young Professionals Event

September 22, 2017

We are pleased to announce that Andrew Zagorski, Division Manager of VERTEX’s Canadian subsidiary, VTX Consulting Services Inc., will be speaking at the Surety Association of Canada Young Professionals Event on Thursday, September 28th. The event, generously sponsored by Travelers, will cover the ‘2 of the Cs of Surety: Character & Claims’.  Surety professionals know the…

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Blog

The 2017 Hurricane Season - How it Compares

September 6, 2017

It is obvious that we are in the midst of a very active and dangerous hurricane season. The development of consecutive storms: Harvey, Irma, Jose, Katia, has a lot of people asking questions. Many are also struck by the intensity of the 2017 hurricane season. Harvey had record breaking rainfall with 51.88″ recorded. That’s now…

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The State of the Economy - Where Are We Headed?

June 2, 2017

Over the first two quarters of 2017, we have witnessed some interesting trends. Year to date, the NASDAQ is up by 15.36% and the S&P500 is up by 8.81%. The NASDAQ growth has largely been fueled by high tech companies such as Apple and Amazon. Despite the robust equities market, the US gross domestic product…

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What does Higher Inflation, Interest Rates, and the Value of the US Dollar Mean to the Construction Industry Into 2017?

January 20, 2017

The construction industry booms in a growth economy with low inflation. This phenomenon is often short lived save for the past five years where the US has realized a perfect storm of low unemployment and low inflation. As a consequence of this rare economic backdrop, the construction industry expanded by 48% between 2012 and 2016…

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2016 State of the Construction & Surety Industry

August 15, 2016

VERTEX’s CEO, Bill McConnell, evaluates the state of the construction and surety industry. The U.S. economy is doing well by most measures. View Full Presentation

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State of the Industry Report

December 23, 2014

The Bullish Rebound of the Private Sectors Continues While Public Sectors Finally Show Signs of Improvement. This report covers the anticipated performance of the construction industry in 2015. Read Full Report  

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