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Hey guys, I'm a high-end residential builder in the state of Idaho. We have done a couple small commercial jobs in the past, but with the slow down, would like the ability to start bidding on more commercial work. I feel like I'm spinning my wheels though.
First off the bonding is nearly impossible to get. We are able to find bonds for up to $250K with no problem, but being a GC, this is a very small amount. Most of the jobs we have been asked to bid on are in the $1-2 million range.
Second, everyone is looking for highly experienced commercial contractors. It's kind of a catch 22, not being able gain experience because no one wants an inexperienced contractor. I had original considered hiring an experienced superintendent, but with how slow things are I really don't dare right now.
Any great suggestions?
First off the bonding is nearly impossible to get. We are able to find bonds for up to $250K with no problem, but being a GC, this is a very small amount. Most of the jobs we have been asked to bid on are in the $1-2 million range.
Second, everyone is looking for highly experienced commercial contractors. It's kind of a catch 22, not being able gain experience because no one wants an inexperienced contractor. I had original considered hiring an experienced superintendent, but with how slow things are I really don't dare right now.
Any great suggestions?