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Case Study 020 - General Contractor (Emergency Repair)
Statistics:
3-year-old company with a 3.5 million dollar annual volume. Owner is hands-on field type. Key office figures consist of Chief Estimator & Controller. Company is in a growth-mode. Company grew by 1.5 million in previous year. Expects growth of 1.0 million this fiscal year - total of 4.5 mil. Jobs are in the 500K to 700K range. Specializes in emergency repair, thus work volume is disaster-based. Has no claims or legal action. Company services little equipment debt. Firm's management is sound. Most projects do not require bonds. Historical profitability does not exist since firm is young. Projects completed and closed out on time. Change orders are the norm but paid without dispute by the insurance carriers. Receivables are under 60 days, no retentions outstanding 90 days after completion.
"digger" Rating™: 725
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