The engineering marketplace is highly fragmented with demand driven by construction demand. Most firms work on a project basis and specialize in a particular type of engineering. Architects work closely with engineering and construction companies to design structures. The work for both groups is labor intensive so access to skilled personnel is critical to success. Referrals are an important source of new business and contracts are complex to mitigate risk. Although firms may receive progress payments, accounts receivable are often high, creating uneven cash flow situations. J.H. Cohn helps our clients minimize their tax burden, streamline engineering and design processes, manage cash flows, and obtain effective insurance coverage.