Lots of construction projects that run over program time loose money and that is the impetus for winning the next project and getting some forward payment but many construction companies who don't continually win business come crashing down and that takes the small contractors with them.
It's a game of musical chairs.
When the construction industry starts to slow down or stop, those who are waiting on the next projects $$$ to recoupe losses from the previous project are sent into bankruptcy.
CCE targeting high end government, DoD, CSIRO contracts is a very nice path to tread. These guys pay their bills and provide stable work going forward if you provide competency in the work offered.
CCE only want a small workforce to promote the high technical detail of the product, get finance, bid, design & offer technical ability.
They partner with big construction companies such as LLC to do the hard yards in the field because they have the workforce ready to go.
Lots of construction projects that run over program time loose...
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
