Gannett Fleming #2 - Laserfiche WebLink

Home Browse Search

'. . . :d Gannett Fleming GANNETT FlEMING. INC. PO. Box 67100 Harrisburg, PA 17106-7100 Location: 207 Senate Avenue Camp Hill, PA 17011 Office: (717) 763-7211 Fax: (717) 763-8150 www.Cjannettfleming.com CF:I~TIFIC'ATION OF FINA,'1CIAL CAPABILITY for CITY OF SUNNY ISLES BEACH, FLORIDA REQUEST FOR QUALIFICATlONS NO. 07-07-01 PROFESSIONAL GENERAL ENGINEERING CONSULTANT rhis is to certity that. in connection with our proposal to provide professional services to City of Sunny Isles Beach. we are tinancially stable and have the necessary tinancial resources to provide these services, as evidenced by: . Our audikd consolidated balance sheet. as of December 31, 2005. which retlects total assds of $82,376,000: working capital of $54.198.000; and stockholders' equity (net worth) of $4,338,000. A copy of the consolidated balance sheet accompanies this certification. Complete audited consolidated tinancial statements for 2005 will he provided to City. upon request. Financial statements for 2006 are not yet available. . Our consol idated operating revenues of $224. no.ooo and $227,975.000 for the years ended December 3 I , 2005 and 2004. respectively. Financial statements for 2006 are not yet available. . Our history: Gannett Fleming, Inc. was incorporated in Delaware in I C)89 and is a member firm of the Gannett Fleming organization, which was founded in 1915. Gannett Fleming has provided professional services to thuusands of clients in all 50 states and a number of foreign countries. The organization's more than 1,700 employees currently provide services to federal. state, and municipal government agencies; railroads and uti I ities: and pri vate and commercial cI ients, from more than 45 oftices, i nclud ing Florida locations in Jacksonville, Miami, Orlando, Tallahassee. Tampa, and West Palm Beach. . Our ownership: Gannett Fleming, Inc. is a subsidiary of Gannett Fleming Affiliates, Inc.. a Delaware holding company whose stock is privately held by 75 Gannett Fleming employees, none of whom owns more than ti ve percent of the stock. A list of those stockholders and their business addresses accompanies this certitication. . Our unsecured lines of credit at three commercial banks --- f'v1&T Bank (Manufacturers and Traders Trust Company). l'Ne l3ank, N.A., and Sovereign Bank --- totaling $15,950,000, all of which is currently available 1\)1' future norrowing. · Favoranle n:ports issued by our federal audit agency, the Defense Contract Audit Agency (DC AA), on an ../sSL'S,\'/lIl'lIt o/Finl1ncial Capahility and on Modified FinanciLll Condition Risk flssessments performed from Novemher 200 I through August 2004. which indicated that an "analytical review of GFI's tinancial \Iatements... .did I]()t reveal any adverse trends indicative of a company in tinancial distress" and that the DCA:\ \Ias "not aware of any signiticant evellts or adverse conditions that would affect GFI's ..lbility to perform on ~uvernlllent contracts due to deterioration in G FI' s ti nancial condition". The DC AA has subsequently concluded that their assessments did not show indications of significant unfavorable tinancial conditions that wlndd warrJnt the performance of a detailed tinancial condition risk assessment. To the best of our know ledge, no Illaterialunfavorable changes in our financial condition have occurred subsequent to December 3 I, 2005 --- the date of our most recent audited tinancial statements. GA~NETT FLEMING, I~C. /',' /r / ..r~,/ / ( ;' / f \. - -- ~/ / /__~ I I YYIlIl E. Kn~pp /' -';enio'r Vice Pr~sidelll '-'Ill! ('FO .-/ / , " :,.' l '// J :\pril 23. 2007 \ T'L!U'ir:. II ' 1" Lru 1/( if, t'