James T. Schmid

Jim Schmid is the Managing Director of ResX, PC. He specializes in providing construction audit/oversight services and expert testimony on construction claims and other areas of commercial damages. Jim retired from Grant Thornton LLP in 2013, where he was the Partner in Charge of the U.S. Construction Forensics Services practice. Jim has testified as an expert witness on GAAP accounting issues, commercial damages, construction claims, contract compliance, intellectual property, business valuation, and post-acquisition disputes. He has presided over construction oversight and audit services for construction projects involving all types of construction contracts including lump sum, GMP, design-build, EPC, fast-track, IPD, and time & material.

Jim has over 40 years of professional experience in such diverse areas as industrial engineering, accounting, financial analysis, forensic accounting, construction management, and business leadership. He is a licensed CPA, a Certified Fraud Examiner (CFE), a Certified Construction Auditor (CCA), certified in Business Valuation (CPA/ABV), and Certified in Financial Forensics (CFF). Jim has testified on construction damages, construction fraud, construction contract compliance, business valuation, and business interruption in Federal and State courts as well as in arbitration and ADR.