Construction / Precast companies may be eligible for R&D tax credits for performing qualified research activities. For example, the following activities may be eligible for R&D tax credits:
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Performing technical research on green energy building(s) development for energy efficiency certification (e.g. Leadership in Energy and Environmental Design (LEED) certification)
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Performing foundation engineering development to mitigate the effect of landscape conditions (e.g. unstable surface, incline / decline terrain)
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Performing computer assisted design (CAD) modeling simulations to test experimental models or designs
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Performing structural engineering development to protect against natural disasters (e.g. earthquakes, hurricanes, fires, floods)
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Performing dew point analysis to evaluate temperature fluctuations and cooling for water vapor formation regarding structural components (e.g. walls, roofs, and floors)
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Designing new and/or improved energy efficient structural components
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Designing new and/or improved Heating, Ventilation, & Air cooling (HVAC) system design for enhanced airflow and energy efficiency
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Designing new and/or improved electrical system(s) for efficient power usage
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Designing new and/or improved plumbing filtration system(s) for efficient water usage
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Designing new and/or improved lighting system(s) for energy efficiency
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Designing new and/or improved drainage management systems
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Designing databases to provide improvements in efficiency, speed and user functionality
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Developing new and/or improve concrete water culvert(s)
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Developing new and/or improved concrete mixtures to reduce costs or improve product quality / consistency
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Developing new and/or improved tooling fixture(s) or methodologies for precast concrete cutting
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Developing new and/or improved plant production system(s) for system optimization
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Developing software to track, monitor, or optimize client communications
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Developing and/or integrating new or enhanced Client Relationship Management (CRM) software
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Developing new and/or improved plant production system(s) for system optimization
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Experimenting with alternative material combinations for cost reduction, enhanced functionality, or specific performance
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Experimenting for new and/or improved structural formation using building information modeling (BIM)
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Testing alternative material / concrete formulation(s) for specific or multi-purpose application(s)