Giving you confidence that your job will completed properly means that we have to have excellent project controls and systems. Big J's Finance Department provides the financial management, accounting and indemnification for successful projects.
A strong balance sheet, long-term relationships with our bank, insurance, and bonding partners tells you that your job is in good hands. Big J is careful to maintain adequate equity to support whatever credit line and bonding requirements we will need to mobilize and successfully complete the work.
One of the risks of construction industry is the financial failure of the contractor. At Big J we know that a strong balance sheet is both a testimony to successful project completions as well as your assurance that Big J has the financial resources to see your project through. In more than thirty years of continuous business, Big J has always exceeded financial expectations. Our long-term relationships with and preferred treatment by our vendor partners are based on our financial stability and timely payment. Our financial strength to ensure completion of your project:
- 30 year prompt payment history with our vendor base. This results in material discounts and committed on-time delivery.
- Long standing relationship with our insurance carriers, financial institutions, and bonding companies.
- Strong Balance Sheet with capital in place to complete any project.
In 2005 Big J committed to converting to MasterBuilder, an enterprise resource planning platform for construction companies. We now have a fully integrated system which creates jobs from estimating to closout including scheduling, purchasing, accounting and invoicing. Big J enjoys a very loyal and dedicated workforce in whom we invest heavily in training and development. Accurate, timely and complete financial information keeps our people on track and gives you confidence that we have your project under control.
Bonding and Insurance
Like all construction companies, our balance sheet is the foundation of our bonding capacity. Our bonding company, Berkely Surety Group, has been a key partner in helping us secure our major projects. 100% of Big J projects have been completed without bond assistance. Big J is indemnified by Zurich, one of the world's largest and strongest insurance companies. Our Worker's Compensation is carried by the Merit Shop Group of the Associated Builders and Contractors, a self-insurance association of contractors. Big J's mod rate has declined every year for five straight years to its current level of 0.71. This remarkable record demonstrates Big J's commitment to safety and risk management.