How to Use Your WIP to Protect Cash and Grow Profitability
Release Date: 12/02/2025
Why Your Jobs Look More Profitable Than They Are: Indirect Allocations and Overhead in Construction
Construction Genius
If your indirect costs aren't tracked—they're hiding. And what they're hiding is your true profit margin. In this episode of Construction Genius, Eric sits down with Kathe Barrington, CPA and fractional Controller/CFO with 20 years of construction experience, to break down one of the most misunderstood areas of construction accounting: indirect cost allocations, equipment costing, and overhead structure. Kathe explains the difference between indirect costs and G&A, how to think about owned equipment usage rates, what a clean chart of accounts should look like, and why your...
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From Napkin Sketch to Shovel in the Ground: The Pre-Con Process That Sets Your Field Teams Up to Win
Construction Genius
Most construction companies treat pre-construction as an estimating department. That mindset is costing them projects. In this episode, Eric sits down with Sam Potts, Director of Pre-Construction at JP Cullen—a $900M family-owned, self-performing GC out of Wisconsin. Sam explains why pre-con managers should be treated like project managers, how to align budgets around what actually matters to the owner, the power of a “yes-if” mentality when clients make unexpected requests, and what separates a good estimator from a great pre-construction leader. In this episode, you’ll learn: •...
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Only 2.5% of Contractors Finish on Time. Here's What They Do Before the Job Starts
Construction Genius
Only 2.5% of contractors finish on time and on budget. Here's what they do before the job starts. In this episode, Eric Anderton breaks down Part 1 of FMI's 2025 Project Management Study — 243 executives, 84 PMs, real contractors, real numbers. What they found isn't revolutionary. It's the same truth Vince Lombardi was teaching in 1959. Preparation before the work starts. Accountability to a consistent standard. Everyone owning their role before the first crew hits the job site. The three things separating high performers from everyone else: PM involvement in estimating, structured...
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How DPR Built the Discipline That Protects Construction Companies in Every Cycle
Construction Genius
Construction companies don’t go out of business because they lack work. They go out of business because they take on too much work and lose discipline. In this episode, Eric Anderton talks with DPR Construction leaders Camilo Garcia and Mike Humphrey about how DPR built the discipline that carried the company through multiple boom-bust cycles—from early hypergrowth to market volatility in the 2000s, the 2009 downturn, and today’s AI-driven data center surge. They explain how DPR protects its culture through disciplined hiring, empowers teams with freedom within a framework, stays...
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A Smarter Way to Comply With Apprenticeship Requirements
Construction Genius
The Inflation Reduction Act is driving massive investment into construction—but the registered apprenticeship requirements tied to those tax credits are creating confusion and risk for many contractors. In this episode, Eric Anderton talks with Andy Seth, founder of Apprentix, about a smarter approach to complying with Inflation Reduction Act apprenticeship requirements—one that reduces risk, protects margins, and supports business growth. They break down how IRA apprenticeship compliance really works, why sponsorship matters, and how contractors can get compliant quickly without...
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From Apprentice to General Superintendent: 30 Years of Construction Leadership
Construction Genius
Doug Ransom began his construction career at 18 as a union carpenter apprentice. Thirty years later, he serves as General Superintendent at JP Cullen & Sons, a fifth-generation commercial construction company. Learn more: In this episode, we discuss: Transitioning from foreman to superintendent Managing construction field teams Leadership development in commercial construction Field vs. office conflict Multi-generational construction company succession Related episodes on construction succession planning: Episode 170 Episode 186 Connect with Doug: Restaurant...
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How DPR Develops the Next Generation of Construction Leaders
Construction Genius
What does it really take to become a high-performing construction leader? In this episode of Construction Genius, Eric Anderton talks with Katharine Hamer, Project Manager at DPR Construction (San Diego), about leadership development, accountability, and culture in the field. From her background as a Division I lacrosse athlete to managing complex projects across higher education, healthcare, data centers, parking structures, and life science / biotech, Katharine explains how DPR develops leaders through discipline, humility, and real field experience. You’ll hear how accountability works...
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Estimating: The Art, the Science, and the Risk Margin Contractors Miss
Construction Genius
Estimating isn’t just math—it’s how contractors decide which risks they’re willing to own. In this episode of the Construction Genius Podcast, Eric Anderton talks with Chris Clausing, Director of Program and Curriculum Innovation for Construction at Colibri Group, about why estimating is still more art than science—and why contractors consistently miss the risk margin that protects profit. Drawing on 25 years as a commercial general contractor, Chris explains how regional differences, niche discipline, poor handoffs, and earned value blind spots quietly erode margins. They also...
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Integrated Design-Build: Speed, Quality, and Cost - Without the Tradeoffs
Construction Genius
Can you really deliver speed, quality, and cost in construction—without tradeoffs? In this episode of Construction Genius, Eric Anderton sits down with Ryan Teicher, CEO of REDCOM Design & Construction, to unpack how a fully integrated design-build model eliminates silos, accelerates delivery, and aligns teams around client outcomes. Ryan explains how bringing architecture, engineering, estimating, and construction under one roof leads to faster decisions, fewer conflicts, and better cost control. The conversation dives into early design consulting as a risk filter, sales as true client...
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Underbillings Bad. Overbillings Better: The Cash Flow Truth Construction Owners Can’t Ignore
Construction Genius
Kathe Barrington is a CPA specializing in construction. Before finding her true passion in cost accounting and then the construction industry, Kathe worked in different industries, including software, hardware, real estate, retail, and non-profits. Working directly with owners, banks, bonding agents, and CPA firms, Kathe helps bringing the entire team together so that they can make the best management decisions for the organization’s sustainability and future growth. Some of the services she provides include budgeting, forecasting, cost segregation, basic bookkeeping, and software...
info_outlineIn Part 2 of our WIP Mastery Series, CPA Kathe Barrington returns to show contractors how to use the WIP as a strategic decision-making tool. We dig into the three numbers every owner must check first, how underbilling reveals deeper project or client issues, and how the WIP exposes PM discipline long before problems hit the P&L.
Kathe also walks through backlog planning, bid strategy, indirect cost allocation, and how to spot margin fade before it becomes expensive.
If you want the financial clarity to run your company proactively—not reactively—this episode is essential.
Learn more about Kathe:
Website: https://www.kbcpa.biz
LinkedIn: https://www.linkedin.com/in/kathe-barrington-a6346337/