Construction Dive quoted National Construction Group Leader Joseph Natarelli in an article about the impact of the coronavirus epidemic on the industry.
By Joe Bousquin
“I have clients right now that are thinking March and April to come up with the re-mobilization plan, and then getting people on the ground again in May and June,” said Joe Natarelli, leader of the construction practice at New York City-based national accounting firm Marcum.
He noted a hesitancy among contractors and owners to re-start shuttered jobs too early, with the possibility of future shutdowns still looming. “I know May and June sounds pretty far away, but contractors are using that as a starting point,” Natarelli said. “The last thing you want to do is start and then have to stop again.”
Marcum Construction Group
One of the leading construction accounting firms in the U.S., Marcum LLP’s Construction Services group provides audit, consulting, and taxation services to clients ranging from start-ups to multi-billion-dollar enterprises. The group’s professionals, among the country’s foremost experts in construction accounting, are frequent industry authors and speakers and serve as technical reviewers for the AICPA’s construction audit and taxation guides. Marcum’s construction group also publishes several definitive industry resources – including the annual Marcum National Construction Survey, the quarterly Marcum Commercial Construction Index, the Marcum PAS Contractor Compensation Quarterly, and the annual Marcum JOLTS Analysis of construction employment trends – and presents an ongoing series of industry summits and technical webinars focused on the unique needs of construction contractors.
Coronavirus Resource Center
Have more questions about the impact of the coronavirus on your business? Visit Marcum’s Coronavirus Resource Center for up-to-date information.