Financial Profile

During the past 6 years, our annual revenues have averaged $75-100 million. Our consistency in revenues and profitability is the result of a large percentage of repeat business (75% +) from industry leaders in targeted markets, particularly health care, higher education, retail, recreational, and industrial.

Our financial position provides us with the capacity and flexibility to meet our customers’ current and future needs. Working capital and net worth levels are maintained at $2.5-3.5 million. Over 80% of our total assets is comprised of Accounts Receivable and Cash, with Fixed Assets accounting for less than 5%. (Further financial information is available through Dun & Bradstreet.)

Banking: Financial Flexibility to Meet Your Needs

Our strong banking relationship with Chittenden Bank provides us with state-of-the-art cash management services and access to capital and financing markets. We currently maintain a working line of credit of $2,500,000.

Surety / Bonding: Ample Protection for Your Project

Aon Risk Services and CNA Insurance Company, two of the leading providers of construction surety and insurance products in the country, team up to handle all of our surety needs. Our single-project and aggregate coverage limits of $50,000,000 and $125,000,000, respectively, allow us to provide our customers with the peace of mind and knowledge that their project is well protected. We also have the flexibility to secure bonding beyond these limits, and this is determined on a project-by-project basis.

Business Insurance: Coverage That Minimizes Your Risk

Chittenden Insurance Company, working in conjunction with AIG, has provided us with uninterrupted coverage in all areas of risk management and business insurance for over 12 years. We review and update our coverages annually (or more often, as necessary) to ensure that we minimize the potential risks to our customers, employees, communities, and company.