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FML just got a huge contract put on hold.

jetur

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Just got a call from a large home builder that put a $1.2 mil contract on hold. We were supposed to start in a week so, I have 15 guys, (3) excavators, (2) loaders, a couple of backhoes and water trucks with nowhere to go. This builder has been great to work for spending $$$ hand over fist trying to get lots ready to go vertical. They are publicly traded so the stock market may be playing a role in this move.

Well tomorrow is a new day and I will have to find somewhere else for that crew to go. Knowing my luck they will try to get us going again once I find another project. Lol
 

n2otoofast4u

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Bird in hand!!!! Times like these are why my bid volume is so high and I stretch my guys so thin. At this point we have 78 guys in the field, and not one of them is getting a day off until we are told we have to shut down.
 

jetur

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Bird in hand!!!! Times like these are why my bid volume is so high and I stretch my guys so thin. At this point we have 78 guys in the field, and not one of them is getting a day off until we are told we have to shut down.
I'm with you, we are working where we can until they stop us.
 

Racer56

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Just got a call from a large home builder that put a $1.2 mil contract on hold. We were supposed to start in a week so, I have 15 guys, (3) excavators, (2) loaders, a couple of backhoes and water trucks with nowhere to go. This builder has been great to work for spending $$$ hand over fist trying to get lots ready to go vertical. They are publicly traded so the stock market may be playing a role in this move.

Well tomorrow is a new day and I will have to find somewhere else for that crew to go. Knowing my luck they will try to get us going again once I find another project. Lol

Welcome to the club.😭 I'm a general engineering contractor and between the constant rain and customers putting jobs on indefinite hold, it's starting to get scary.
 

HB2Havasu

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Unfortunately a lot of projects will likely be getting the brakes pulled until the dust settles from the Corona.
 
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