Laserfiche WebLink
<br />o <br /> <br />o <br /> <br />c <br /> <br />Financial Stability Statement <br /> <br />Fillallcial Stability & Reports <br /> <br />AshBritt, Inc., as the following financial information overview and documentation will substantiate, is financially sound <br />and has the fiscal capability to adequately accommodate the increased cash-flow demands at the inception of and <br />throughout the course of any scale disaster recovery mission. We possess the financial capacity and wherewithal to <br />assume extensive and large expenditures for prolonged periods (exceeding 150 days in cases, historically) before <br />receiving eligible funds for our services. Our historical record and our supporting financial documentation should <br />clearly validate this strength. <br /> <br />Moreover, our insurance policies and bonding capabilities, at present, are unmatched today in our industry, and we <br />posses one of the most reputable records for ensuring that all of our subcontractors, consultants and independent <br />contractors are paid expeditiously and in full. We cover in our proposal some of the protocols and procedures to which <br />we follow and conform to ensure that all of our personnel and subcontractors are paid accurately and fully. <br /> <br />Our billing terms our typically net 30 or 45 days, yet we have and are able to "float" or underwrite funds as necessary to <br />keep any project progressing and on track to serve the best interest of our client and the community at-large. With our <br />own capital reserves and our significant line of credit, we are able to maintain and finance full operational capability of <br />multiple, large, and extended projects. Our ability to ramp up and maintain a strong, steady workforce during the <br />Katrina recovery mission in Louisiana and Mississippi is a solid testament to our financial capabilities. <br /> <br />CompallY Illformatioll Overview <br /> <br />Ash Britt, Inc. is a Subchapter S Corporation, chartered in State of Florida in 1992. The stockholders and percentage of <br />ownership are as follows: <br /> <br />. Randal R. and Saily Perkins <br />. Terrance M. Jackson <br />. John W. Noble, Jr. <br /> <br />80.0% <br />10.0% <br />10.0% <br /> <br />Date of Incorporation: 10/28/1992 <br />Corp. Certification No.: P92000000600 (Exp. 12/31/08) <br />Qualified Business License No.: QB26117 (Exp. 8/31/08) <br />Florida GC License No.: CGC060313 (Exp. 9/30/08) <br /> <br />FIN: 65-0364711 <br />DUNS No.: 848970893 <br /> <br />Please refer to attached corporate certification, licenses and associations information included previously in Section 2. <br /> <br />AshBritt, Inc. I Sunny Isles Beach, FL I RFP No. 08-07-0 I <br /> <br />16 <br />