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Building Resilience: Why construction contractors should develop a harm statement in response to COVID-19

Baker Tilly’s podcast series for contractors responding to COVID-19 and preparing for a rebound

As your company reacts and changes to address all the new rules and regulations resulting from COVID-19, you’ve likely already incurred additional costs beyond what was expected. From work-from-home expenses to new technologies, all current and future costs should be documented in a harm statement. This statement serves as an inventory of past costs and expected future costs from a contractor’s COVID-19 response. Join special guests, Tony Ollmann and Jim Miller, as they discuss why a harm statement is especially important in today’s environment, what costs should be documented and what contractors should be considering regarding the impacts to future revenue.


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Next episode: Assess your COVID-19 recovery readiness

Special guests:

Tony Ollmann, Partner at Baker Tilly

Tony Ollmann leads Baker Tilly’s construction risk management practice. He provides risk management, project controls, and operations consulting services to owners, operators and contractors. From large complex construction audits to single thread financial controls and process improvement consulting, he bears more than 20 years of experience in the construction industry.

Jim Miller, Senior Manager at Baker Tilly

Baker Tilly senior manager, Jim Miller, has more than 30 years of construction experience, both in construction company operations management and construction consulting – nationally and internationally. His role specifically focuses on risk advisory, construction auditing and dispute resolution.

Meet the hosts:

Laura Cataldo, Senior Manager at Baker Tilly

Laura Cataldo, a senior manager at Baker Tilly, works with real estate and construction firms of all sizes to evaluate business practices and assist with management challenges. She has worked in the industry for almost 25 years, helping management teams improve profitability and succeed in the changing marketplace.

Courtney Davison, Senior Manager at Baker Tilly

As a tax senior manager at Baker Tilly, Courtney Davison specializes in corporate, partnership and individual taxation for the construction and real estate industries. Her specific experience includes supervising income tax services for construction companies and real estate investors, and providing ongoing communication with clients regarding changes in tax laws and new tax incentives.

Resource center

Baker Tilly specialists understand your industry and how an unplanned event such as the COVID-19 outbreak can affect your organization. Visit our Construction Coronavirus Resource Center for additional tools and advice.

For more information on this topic, or to learn how Baker Tilly specialists can help, contact our team.

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