TRADE SERVICE · CIVIL & EARTHWORK CLUSTER

FRACTIONAL CFO FOR EXCAVATION CONTRACTORS.

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We run the finance function for excavation subcontractors doing $1M to $12M: job costing aligned to the way you estimate, a 13 week cash flow forecast, monthly WIP, and a CFO in the room every month. Pricing starts at $1,900 per month.

Excavation sells cubic yards per hour, so we build the cost system around production rate rather than job totals. Rates get tracked per operator, per machine, and per soil class, because without that split a losing job reads identically to a winning one until the money is gone. Ownership cost goes into the bid at a real rate, roughly $200 a day for a CAT 330 parked against industry idle rates near 30 percent, and hired haul gets watched hard since idle trucking subs bill $85 to $125 an hour each while a site isn't ready for them. Then unit-price discipline and daily documentation cover the changed-conditions fight, which one $630,000 excavation subcontract carried all the way to the Fifth Circuit.

BY JOSH LUEBKERPublished 2026-08-06Updated 2026-08-06
WHERE EXCAVATION LOSES MONEY

THE THREE THINGS THAT DRAIN THE CASH.

LEAK 01

Production Blindness

Excavation sells cubic yards per hour. When production rates aren't tracked per operator, per machine, per soil class, the estimate and the field never reconcile, and losing jobs look identical to winning ones until the money is gone.

LEAK 02

The Ground Lies

Soil class changes, rock shows, groundwater rises, and quantities move; the cost is spent before the change order is signed. A $630K excavation subcontract at the Fifth Circuit proves the fight is real. Documentation and unit-price discipline are the difference between a claim and a donation.

LEAK 03

One Bucket, One Margin

A single utility strike can erase a job's profit through repair bills, fines up to $10,000 for repeats, and GL sublimits that cap below the damage. The locate, the tolerance zone, and the hand-dig are financial controls, not just safety rules. (cfos-cash-control-system) ---

HOW SPM FIXES IT

WHAT WE CHANGE.

The net profit question everyone is asking
Utility strikes (the five-figure oops)
Rock, spoil, and the changed-conditions fight
Haul-off and trucking (the profit that leaves by the ton)
Iron economics
PRICING

FLAT MONTHLY FEE. NO SURPRISES.

Priced by trailing 12 month revenue. No hourly billing. No payroll. No add-ons.

Last 12 months revenueMonthly fee
Up to $1M$1,900 to $2,900
$1M to $3.5M$2,600 to $3,900
$3.5M to $6.5M$3,800 to $5,700
$6.5M to $9.5M$5,100 to $7,100
$9.5M to $12.5M$6,100 to $8,500
$12.5M to $15.5M$7,400 to $11,000
$15.5M to $18.5M$9,400 to $13,500
$18.5M+Quoted individually

Range reflects the three tiers below. Which one you're in depends on how much of the work you want off your desk. No payroll. No hidden line items.

Core

You stop guessing.

You get the CFO work. Job costing built against the way you estimate, a 13 week cash forecast, monthly WIP, and a meeting every month that ends in decisions and never in a report.

Your bookkeeper still does the books.

Executive

You stop touching the books.

Everything in Core, and we run the bookkeeping and the controllership as well. Your office stops answering coding questions and stops chasing a reconciliation on the last day of the month.

We do the books. No payroll.

Strategic

Every job shows its margin while it's still running.

Everything in Executive, plus the job costing and WIP platform set up, loaded with your cost codes, and managed for you every month. You never have to learn it.

We do the books, the job costing, and the software. No payroll.

Prevailing wage note: Excavation work often runs on public bids, which means certified payroll and wage classifications have to line up with the job cost record. ControlQore holds the classification against the cost code, so the certified report and the job cost report come from the same data, and your office stops keying the same numbers twice every week.

COMMON QUESTIONS

FREQUENTLY ASKED.

Excavation contractors at $1M to $5M in revenue net 5.5 percent on average, rising to 8.5 percent by $25M to $50M. The CFOS target at $1M to $5M is 10 percent, and it rises with revenue. The gap usually sits in untracked production rates, haul-off cost drift, and iron that bills nothing. Every net profit figure here is stated before taxes, the same basis CFMA reports on, so the two are directly comparable.
Three tiers, and which one you are in depends on how much of the work you want off your desk. Core is where you stop guessing: job costing built against the way you estimate, a 13 week cash forecast, monthly WIP, and a monthly meeting that ends in decisions, while your bookkeeper keeps doing the books. Executive is where you stop touching the books, because we run the bookkeeping and the controllership as well. Strategic is where every job shows its margin while it is still running, because the job costing and WIP platform is set up and managed for you. No payroll. No scope gaps.
Sixty days. We migrate your books back to the start of your last taxable year, set up ControlQore, and build your job costing structure from scratch. Fully operational in two months.
ControlQore is the job costing and WIP platform we use for all clients. Purpose-built for contractors, more affordable than legacy tools, and AI-infused. We set it up and manage it, so you do not have to learn it.
A bookkeeper records what happened. We tell you what it means and what to do about it. We align job costing to your estimates, track WIP monthly, and hold strategic accountability meetings so problems get fixed and not merely documented.
$10.7M+
Client AR Recovered Since 2023
48
Active Trade Specializations
60 DAYS
Average Onboarding Time
WHAT THIS TIES INTO
Josh Luebker, The Construction CFO
Josh Luebker
FRACTIONAL CFO · THE CONSTRUCTION CFO

Former commercial project manager and master electrician: 150+ projects worth $2.1B combined, from $50,000 to $300M. Now fractional CFO to commercial subcontractors.

DO YOU KNOW YOUR TRUE MARGIN ON EXCAVATION WORK?

Twenty minutes of questions about how you price excavation work, what your jobs come in at once they close, and what keeps landing back on your desk. Nothing gets sold on that call and nothing gets proposed. If Josh can help, you'll set a longer second call.

You don't hire a CFO because it's safe, you do it because the real risk isn't having one.
Book a 20 minute call

20 minutes. Nothing gets sold on this call and nothing gets proposed. Josh asks questions to work out whether he can help at all.

OR START WITH THE WORKBOOKS. NO CALL NEEDED.