What is needed to contract with a construction company
To effectively do business with a construction company and successfully navigate the construction game as a subcontractor, it’s essential to be prepared with specific information and documents. Here’s a breakdown of what you should have ready:
- Pick 1 Primary Trade Scope: Clearly list the main trades or services your company specializes in. This helps in matching your expertise with the right projects.
- Primary Area of Work: Indicate where your company primarily operates. This geographical information is crucial for construction companies to understand your logistics and reach.
- Range of Travel: State how far your company is willing to travel outside your primary area for work. This helps in planning for projects that might be outside your immediate locality.
- Certification as a Diverse Owned Company: If applicable, confirm whether your company is certified as a diverse owned business (e.g., minority, woman, veteran-owned). This can be advantageous for certain projects or bids.
- Current Employee Count: Provide the number of employees in your company. This gives an idea of your company’s size and capacity.
- Project Size Preference: Specify the scale of projects you are looking for (small, medium, large). This ensures alignment with projects that match your capabilities.
- Crew Size Availability: Indicate the largest crew size you can provide. This is critical for understanding your manpower capabilities for various projects.
- Self-Performance and Subcontracting Details: Clarify if your company self-performs all work or if you subcontract certain trades. This affects the control and scheduling of the work.
- Additional Services: Mention any other services or trades your company offers that haven’t been listed. This might open doors to additional opportunities.
- Letter of Good Standing from Surety: This should include:
- Years of relationship with the surety.
- Verification of your bond rate.
- Single project and aggregate surety limits.
- The surety’s A.M. Best Rating.
- Accord 25 Certificate of Liability Insurance: Ensure this is in compliance with the provided sample.
- Litigation Disclosure: Disclose any legal issues such as suspensions, bankruptcies, contract terminations, liens, or arbitration proceedings your firm has been involved in.
- OSHA 300/300A Logs: If you have over 10 employees, provide OSHA logs for the last three years. These are crucial for understanding your company’s safety record.
Having these details and documents prepared and readily available will significantly enhance your ability to contract effectively
with a construction company and perform successfully as a subcontractor in the construction industry. It’s not just about the technical skills; it’s equally about demonstrating your company’s reliability, capability, and compliance with industry standards.