HomeMy WebLinkAboutPERSONS SERVICES CORPResponse to Solicitation
City of Sunny Isles Beach
City Annex Bldg. Renovations
Due: March 5, 2025 – 4:30 pm
Point of Contact:
Samantha Vincenty
svincenty@personsservices.com
954-290-8075
1835 S. Perimeter Rd., Suite 175 Fort Lauderdale, FL 33309
ITB # 25-01-01
City Annex Building Construction Renovations
Page 2 of 103
Persons Services Corp.
Table of Contents
Cover Letter ................................................................................................ 3
Section 1. – Company Information ..............................................................4
Section 2. – Professional Qualifications .................................................... 60
Company Overview .............................................................................. 60
Our Team ............................................................................................ 63
Section 3. – Staffing .................................................................................. 72
Section 4. – Approach / Methodology ....................................................... 83
Section 5. – Corporate Standing ................................................................ 85
Section 6. – Litigation History ................................................................... 86
Section 7. – Forms and Attachments ......................................................... 87
Section 8. – Exceptions ........................................................................... 103
ITB # 25-01-01
City Annex Building Construction Renovations
Page 3 of 103
Persons Services Corp.
Cover Letter
March 5, 2025
City of Sunny Isles Beach
18070 Collins Ave.
Sunny Isles Beach, FL 33160
Re: Invitation to Bid – ITB # 25-01-01
On behalf of Persons Services Corp., I am pleased to submit this response to the
City of Sunny Isles Beach.
Persons Services Corp. (PSC) stands out as a Construction Management and
General Contracting firm with over 47 years of experience managing global
construction, infrastructure, industrial, and disaster recovery programs. Our team's
unique blend of expertise and experience has enabled us to successfully complete
demolition and construction projects for Mobile's public and private sectors. We
take pride in our reputation for delivering safe, high-quality, and performance-
driven work.
Upon reviewing PSC’s credentials, proven experience, and comprehensive internal
capabilities, we are confident that you will appreciate how we have been able to
serve some of the most demanding owners continually and have remained in
business for over four decades. PSC is the ideal company to serve you as the City
Annex Building Construction Renovations
I, Samantha Vincenty, certify that the ITB documents have been thoroughly
reviewed and acknowledged. I affirm that all information in this submittal is
complete and accurate. We have the necessary personnel, equipment, and time to
ensure this commitment is unwavering.
Sincerely,
Samantha Vincenty
Regional General Manager
svincenty@personsservices.com
954-616-5106 x339
ITB # 25-01-01
City Annex Building Construction Renovations
Page 4 of 103
Persons Services Corp.
Section 1. Company Information
Business Type
Persons Services Corp. (PSC) is a single company with offices in the following
locations:
Headquarters
4474 Halls Mill Road
Mobile, AL 36693
Fabrication Shop
4913 Halls Mill Road
Mobile, AL 36693
Texas
6435 Storey Drive
Humble, TX 77396
Florida
1835 S Perimeter Rd.
Suite 175
Fort Lauderdale, FL 33309
South Carolina
900 Trail Ridge Road
Aiken, SC 29801
St. Croix
3009 Orange Grove Estate
Suite 16
Christiansted, VI 00820
The project team proposed for this contract is based out of our Fort Lauderdale, FL
office.
Legal Name, Contact Information, and Corporate Structure
Legal Name: Persons Services Corp.
Corporate Structure: Persons Services Corp. is organized as an S-Corp.
Incorporated in the State of Alabama in 2019, PSC is a privately held company
operating under the leadership of President and Owner Paul “Buddy” Persons Jr.
Contact: Samantha Vincenty, Regional General Manager
svincenty@personsservices.com
954-616-5106 x339
www.personsservices.com
Physical Address: 1835 S. Perimeter Rd, Suite 175, Fort Lauderdale, FL 33309
Email Address for Award Notification: svincenty@personsservices.com
Proof of Insurance
See attached proof of Insurance with the Certificate of Insurance.
Proof of Registration
See attached proof of registration with the Florida Secretary of State and a copy of
Florida Division of Corporations Sunbiz Report.
See attached W9, Bonding Capacity Letter and Financial Statements.
ITB # 25-01-01
City Annex Building Construction Renovations
Page 5 of 103
Persons Services Corp.
ITB # 25-01-01
City Annex Building Construction Renovations
Page 6 of 103
Persons Services Corp.
ITB # 25-01-01
City Annex Building Construction Renovations
Page 7 of 103
Persons Services Corp.
ITB # 25-01-01
City Annex Building Construction Renovations
Page 8 of 103
Persons Services Corp.
ITB # 25-01-01
City Annex Building Construction Renovations
Page 9 of 103
Persons Services Corp.
ITB # 25-01-01
City Annex Building Construction Renovations
Page 10 of 103
Persons Services Corp.
ITB # 25-01-01
City Annex Building Construction Renovations
Page 11 of 103
Persons Services Corp.
2222
12
PERSONS SERVICES CORP.
FINANCIAL STATEMENTS
AND SUPPLEMENTARY INFORMATION
Year Ended December 31, 2023
Persons Services Corp.
Table of Contents
Independent Accountants Review Report ……………………………………………………….P-2
Balance Sheet ……………………………………………………………………………………P-4
Statements of Income and Retained Earnings……………………………………………………P-6
Statement of Cash Flows…………………………………………………………………………P-7
Notes to Financial Statements……………………………………………………………………P-9
Supplementary Schedules:
Schedule of Contracts in Progress…………………….…………………………………………………P -17
Schedule of Completed Contracts…………………….…....…………………………………………….P-18
`
`
2222
22
Pope & Co.
INDEPENDENT ACCOUNTANTS REVIEW REPORT
Shareholders
Mobile, Alabama
I have reviewed the accompanying financial statements of Persons Service Corporation, a
Subchapter S Corp., which comprise the balance sheet as of December 31, 202 3, statement of
income and cash flows for the year then ended, and the related notes to the financial statements.
A review includes primarily applying analytical procedures to management’s financial data and
making inquiries of company management. A review is substantially less in scope than an audit,
the objective of which is the expression of an opinion regarding the financial statements as a
whole. Accordingly, I do not express such an opinion.
Management’s Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of these financial
statements in accordance with accounting principles generally accepted in the United States of
America; this includes the design, implementation, and maintenance of internal control relevant
to the preparation and fair presentation of financial statements that are free from material
misstatement, whether due to fraud or error.
Accountant’s Responsibility
My responsibility is to conduct the review engagement in accordance with Statements on
Standards for Accounting and Review Services promulgated by the Accounting and Review
Services Committee of the AICPA. Those standards require us to preform procedures to obtain
limited assurance as a basis for reporting whether we are aware of any material modifications
that should be made to the financial statements for them to be in accordance with accounting
principles generally accepted in the United States of Americ a. We believe that the results of my
procedures provide a reasonable basis for my conclusion.
Accountant’s Conclusion
Based on my review, I am not aware of any material modifications that should be made to the
accompanying financial statements for them to be in conformity with accounting principles
generally accepted in the United States of America.
June 7, 2024 AICPA Member
2
Disclaimer of Opinion on Required Supplementary Information
We have applied certain limited procedures to the required supplementary information in
accordance with review standards generally accepte d in the United States of America, which
consisted of inquiries of management about the methods of preparing the information and
comparing the information for consistency with management’s responses to our inquiries, the
basic financial statements, and oth er knowledge we obtained during our review of the basic
financial statements. We do not express an opinion or provide any assurance on the information
because the limited procedures do not provide us with enough evidence to express an opinion or
provide any assurance.
Reginald L Pope II, CPA
265 Mitchell Rd. # 1252
Norcross, GA 30071
3
Persons Services Corp
Balance Sheet
December 31, 2023
ASSETS
CURRENT ASSETS
Cash and cash equivalents 774,317
Investment - marketable securities 1,900,699
Prepaid Expenses 651,592
Receivables, including retainage
of 7,141,593 38,075,135
Due from related party 4,823
Deferred contract costs - net 1,707,656
Costs and estimated earnings in excess
of billings on uncompleted contracts 6,789,646
Accrued revenue 202,013
Total Current Assets 50,105,881
PROPERTY AND EQUIPMENT
Metal Buildings 6,400
Autos and trucks 4,869,689
Furniture and fixtures 154,257
Equipment 7,487,399
Leasehold improvements 1,395,854
Less accumulated depreciation (5,683,359)
Net property and equipment 8,230,240
OTHER ASSETS
Goodwill - net of amortization 15,000
Total other assets 15,000
Total Assets 58,351,121
See Notes and Accompanying Independent Acco untants Report
4
Persons Services Corp
Balance Sheet
December 31, 2023
LIABILITIES AND STOCKHOLDERS' EQUITY
CURRENT LIABILITIES
Accounts payable, including retainage
of 4,395,766 28,670,271
Payroll tax liabilities 825,268
Due from related party (2,796)
Line of credit 0
Billings in excess of costs and estimated earnings
on completed contracts 11,043,054
Current maturities of long -term debt 1,356,214
Total current liabilities 41,892,011
OTHER LIABILITIES
Long-term debt - less current maturities 1,987,229
Total liabilities 43,879,240
STOCKHOLDERS' EQUITY
Common stock $1 par value, 100,000 shares
and 106 shares issued and outstanding 106
Retained Earnings 14,471,775
Total stockholders' equity 14,471,881
Total Liabilities and Stockholders' Equity 58,351,121
See Notes and Accompanying Independent Accountants Review Report
5
Persons Services Corp
Statement of Income and Retained Earnings
December 31, 2023
% of Revenue
Revenues earned 152,424,839 100.00%
Direct costs 133,789,297 87.77%
Gross profit 18,635,542 12.23%
Operating expenses
General and administrative expenses 12,106,496 7.94%
Amortization 3,000
Depreciation 1,432,712 0.94%
Interest expense 830,805 0.55%
Total operating expenses 14,373,013 9.43%
Income from operations 4,262,529 2.80%
Other income (expense)
Investment income 13,437 0.01%
Gain (loss) on sale of investments 36,729 0.02%
Net unrealized gain (loss) on marketable securities 118,891 0.08%
Gain (loss) on disposition of assets 1,811 0.00%
Total other income (loss) 170,868 0.11%
Net income 4,433,397 2.91%
Retained Earnings Summary
Beginning 1/1/23 11,554,314
Net Income 4,433,398
Distributions (1,515,937)
Ending Balance 12/31/23 14,471,775
See Notes and Accompanying Independent Accountants Review Report
6
Persons Services Corp
Statement of Cash Flows
For Year Ending December 31, 2023
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income 4,433,398
Adjustments to reconcile net income (loss) to net cash provided
by operating activities ;
Depreciation and Amortization 1,393,742
(Gain) loss on disposition (1,811)
(Gain) loss on sale of investments (36,729)
Dividend Income 15,142
Unrealized (gain) loss on marketable investments 118,891
Change in assets and liabilities
(Increase) decrease in:
Receivables (11,902,961)
Prepaid expenses (160,252)
Other receivable 8
Deferred contract cost 2,083,445
Cost and estimated earnings in excess of billings 3,483,005
Increase (decrease) in:
Accounts Payable 7,735,588
Accrued expenses 319,342
Payroll tax liabilities 112,189
Billings in excess of costs and estimated earnings 7,213,901
NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES 10,373,500
CASH FLOW FROM INVESTING ACTIVITIES
Purchase of equipment and leasehold improvements (2,370,885)
Proceeds from disposal of equipment/vehicles 0
Investment in securities (185,458)
NET CASH PROVIDED (USED) BY INVESTING ACTIVITIES (2,556,343)
Notes and Accompanying Independent Accountants Review Report
7
Persons Services Corp
Statement of Cash Flows
For Year Ending December 31, 2023
Statement of Cash Flows (Continued)
CASH FLOW FROM FINANCING ACTIVITIES
Principal payments of long -term debt (217,215)
Net advances of short-term debt (11,647,860)
Distributions to members (680,010)
NET CASH PROVIDED (USED) BY FINANCING ACTIVITIES (12,545,085)
NET INCREASE (DECREASE) IN CASH (294,531)
CASH BEGINNING OF YEAR 294,531
CASH END OF YEAR (0)
SUPPLEMENTAL DISCLOSURES
Interest paid 830,805
See Notes and Accompanying Independent Accountants Revie w Report
8
NOTE A – HISTORY OF ORGANIZATION
Persons Services Corp. (the Company) was formed on January 1, 2000, under the laws of the state of
Alabama. On January 1, 2018, the company elected to convert from a Limited Liability Company to a S
Corporation. The primary business activity of the Company is the performance of plumbing, construction
services, and disaster reconstruction services mainly in Southeastern United States. The Company is
headquartered in Mobile, Alabama.
NOTE B – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Cash and cash equivalents
Cash and cash equivalents include cash on hand, demand deposits with banks and all highly liquid
investments with original maturities of three months or less. The Company also considers investments in
money market funds to be cash equivalents.
Revenue and Cost Recognition
The construction of industrial, commercial and disaster recovery contracts are considered single
performance obligations that are satisfied over time. Payment is also due overtime in installments, based on
project phases as specified in the contracts, with a final payment due at the time the contracts are completed,
and the customer accepts the property.
The Company recognizes revenues from fixed -price and modified fixed -price industrial and commercial
construction contracts using the cost -to-cost input method, which measures progress toward completion
based on the percentage of cost incurred to date to es timated total cost for each contract. Contract costs
inputs include all direct material and labor costs and those indirect costs related to contract performance,
such as indirect labor, supplies, tools, and repairs. Costs of inefficiencies or wasted resour ces (material or
labor) are excluded when measuring progress and are expensed as incurred.
Revenue from disaster recovery contracts with fixed -priced and modified fixed -price terms are also
recognized using the cost -to-cost input method. However, the costs of administration and supervision and
other indirect costs are excluded from measuring the progress toward completion.
Management believes the methods selected represent the best proxies available to measure the progress
toward completion of contracts.
Because of inherent uncertainties in estimating costs, it is at least reasonably possible that the estimates used
will change within the near term.
9
NOTE B - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Revenue and Cost Recognition (Continued)
Changes in job performance, job conditions, and estimated profitability may result in revisions to costs and
income, which are generally recognized in the period in which the revisions are determined.
Changes in estimated job profitability resulting from variable consideration (such as incentives for
completing a contract early or on time, penalties for not completing a contract on time, claims for which the
Company has enforceable rights, or contract modifications/change orders in which the scope of modification
has been approved, but the price has not been determined or approved) are accounted for as changes in
estimates in the current period, but limited to an amount that will not result in a signific ant reversal of
revenue in future periods.
Provisions for estimated losses on uncompleted contracts are made in the period in which such losses are
determined.
Selling, general, and administrative costs are charged to expense as incurred.
The Company generally warranties its work for one year after the date of acceptance. Warranty costs for the
year ended December 31, 2023, were immaterial.
The timing of revenue recognition, billings, and cash collections results in billed accounts receivable,
unbilled receivables (contract assets), and customer advances and deposits (contract liabilities) on the
balance sheet. Amounts are billed as work prog resses in accordance with agreed -upon contractual terms,
either at periodic intervals (e.g., monthly) or upon achievement of contractual milestones. Generally, billings
from disaster recovery projects occur after revenue recognition, resulting in contract assets. In contrast,
billings on industrial and commercial projects generally exceed revenues earned which allow the company
to receive advances or deposits from customers, resulting in contract liabilities. Contract assets decline as
contracts near completion and work can be invoiced. Contract liabilities are decreased as revenue is
recognized and as the contracts near completion.
The contract asset is captioned in the balance sheet as, "costs and estimated earnings in excess of billings
on uncompleted contracts." The contract liability is captioned, "billings in excess of costs and estimated
earnings on uncompleted contracts."
10
NOTE B – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
The beginning and ending contract balances were as follows:
12/31/2023 12/31/2022
Receivables 38,279,433 26,233,115
Costs and estimated earnings in excess
of billings on uncompleted contracts 6,789,646 10,272,650
Billings in excess of costs and estimated
earnings in uncompleted projects 11,043,054 3,829,153
Use of Estimates
The Company uses estimates and assumptions in preparing financial statements in accordance with
generally accepted accounting principles. Those estimates and assumptions affect the reported amounts of
assets and liabilities, the disclosures of contingent assets and liabilities and the reported revenues and
expenses. Actual results could vary from the estimates that were used.
Contract Receivables
For financial reporting purposes, the Company uses the allowance method of accounting for doubtful
accounts. After review of the accounts receivable aging by management, a provision for uncollectible
accounts in the amount of $250,000 has been recorded.
Goodwill
The Company has elected to adopt the private company option to amortize goodwill. Goodwill is subject to
amortization over a 10-year life.
11
NOTE B – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
Property and Equipment
Property and equipment items are carried at cost. Maintenance and repairs are charged to expense as incurred
and renewals and betterments are capitalized. Depreciation is charged to income on a basis considered
adequate to amortize the related costs over t heir estimated useful lives, using the straight -line method.
Estimated useful lives are principally as follows: machinery and equipment, 7 to 10 years; furniture and
fixtures, 7 to 10 years; vehicles and other, 5 years; leasehold improvements, 20 years. Th e Company’s policy
is to capitalize acquisitions costing $5,000 or more. Depreciation expense for the year ended December 31,
2023, was $1,432,712.
The net gain or loss on items retired or otherwise disposed of is credited or charged to operations and the
cost and accumulated depreciation are removed from the accounts.
Accrued Compensated Absences
The Company does accrue for compensated absences (vacation only) which is maintained by the Human
Resources department. The calculation is updated at the end of each quarter as needed.
Advertising
The Company expenses advertising costs as they are incurred. Advertising expenses were $519,946 for the
year ended December 31, 2023.
Income Taxes
The Company elected to be treated as an S corporation effective January 1, 2018. An S corporation is not a
taxpaying entity for federal or state income tax purposes. Accordingly, no income tax expense has been
recorded in the statements. All income or losses will be reported on the individual shareholders’ income tax
returns.
As of December 31, 2023, the Company had no uncertain tax positions that require either recognition or
disclosure in the Company’s financial statement.
NOTE C – CONCENTRATION OF CREDIT RISK
Financial instruments, which potentially subject the Company to concentrations of credit risk, consist
principally of cash and contract receivables. The Company maintains a portion of its cash in bank deposit
accounts at financial institutions. The balances, at times, may exceed federally insured limits.
The Company, in the normal course of business, operating primarily in the southeastern region of the United
States, extends credit to its customers based on various terms. The Company had outstanding receivables
from businesses in this area of $38,279,433 as of December 31, 2023.
12
NOTE C – CONCENTRATION OF CREDIT RISK (Continued)
The receivables represent unpaid billings from uncollateralized construction work. However, the Company
can place liens on projects that are unpaid.
NOTE D – MARKETABLE SECURITIES
Marketable securities have been classified according to management’s intent. The cost of securities and
their approximate level 1 fair values are as follows:
December 31, 2023
Cost Basis
Gross
Unrealized
Gain (Loss) Fair Value
Marketable securities
available-for-sale 1,600,048 300,651 1,900,699
Investments consist primarily of publicly traded mutual funds and shares of equity securities.
Realized gains (losses) from sales of securities available for sale are as follows
December 31, 2023
Proceeds
from Sales Cost Basis Gain (Loss)
Marketable securities
available-for-sale 331,512 294,783 36,729
Management uses the specific identification method to determine the cost basis of securities sold.
13
NOTE E – LINES OF CREDIT
The Company has a line of credit in the amount of $12,000,000 with a financial institution. The line bears
interest based at the bank’s prime rate which was 8.50% on December 31, 2023. The line is secured by
accounts receivable and is guaranteed by the shareholders. The loan agreement also contains restrictions
and covenants. The outstanding balance was $0 on December 31, 2023. The line ma tures July 31, 2024.
The Company has a line of credit in the amount of $500,000 with a financial institution. The line bears
interest based at the bank’s prime rate which was 8.50% on December 31, 2023. The line is unsecured but
is guaranteed by the shareholders. The loan agreement also contains restrictions and covenants. The
outstanding balance was $0 on December 31, 2023. The line matures September 13, 2 024.
14
NOTE F — LONG -TERM DEBT
Long-term debt at December 31, 2023 consist of the following:
COLLATORALIZED
BY
MONTHLY
PAYMENT
BALANCE
12/31/23 RATE
Equipment 4,247 6,182 0.00%
Equipment 998 31,511 0.09%
Equipment 12,696 425,481 0.99%
Equipment 5,545 185,834 2.50%
Equipment 4,467 197,779 2.99%
Equipment 1,459 47,133 3.43%
Equipment 34,157 403,049 3.65%
Equipment 3,223 91,525 4.00%
Equipment 8,209 239,965 4.45%
Equipment 7,118 291,988 4.91%
Equipment 2,930 125,100 6.67%
Equipment 922 21,437 6.80%
Equipment 2,151 98,990 6.89%
Equipment 5,254 226,627 7.19%
Vehicle 4,317 87,529 0.00%
Vehicle 6,926 225,572 1.95%
Vehicle 621 22,567 3.28%
Vehicle 1,029 55,074 3.97%
Vehicle 734 34,077 4.55%
Vehicle 2,448 51,453 4.79%
Vehicle 1,548 58,674 5.80%
Vehicle 3,981 118,957 7.69%
Vehicle 1,248 59,665 8.11%
Vehicle 2,591 97,673 8.39%
Vehicle 1,204 54,082 8.99%
Vehicle 1,459 53,299 9.16%
Vehicle 696 32,220 10.14%
Total Long -Term Debt 3,343,443
Less current maturities (1,356,214)
1,987,229
15
NOTE F — LONG -TERM DEBT (Continued)
Maturities of long -term debt at December 31, 2023 are as follows:
Year ending December 31
2024 1,356,214
2025 952,499
2026 743,738
2027 and thereafter 290,991
NOTE G – RETIREMENT PLAN
The Company has a qualified profit -sharing plan with a 401(k) deferred compensation provision. Employees are eligible to participate in the plan
as long as they are at least 21 years of age and have completed one year of service. The plan also provides for matching contributions by the
Company generally equal to the lessor of 100% of the employee’s contribution or 4% of their compensation. Matching contributions to the plan
were $38,164 for the year ended December 31, 2023. The profit -sharing portion of the plan provides for elective contributions by the Company in
such amounts as management may determine. There were no elective contributions to the plan for the year ending December 31, 2 023.
NOTE H – RELATED-PARTY TRANSACTIONS
The Company pays rent for office and warehouse space in Mobile, Alabama and Houston, Texas to an LLC owned by shareholders of the Company.
The Company’s leases are month to month for the year ended December 31, 2023, and total lease payments for the year were $327,395.
NOTE I – SUBSEQUENT EVENTS
Management has evaluated subsequent events through May 1, 2024, the date on which the financial statement was available to be issued.
16
SUPPLEMENTARY SCHEDULES
SCHEDULE OF “CONTRACTS IN PROGRESS “ AND “COMPLETED CONTRACTS FOR 2023 “
17
Persons Services Corp.
SCHEDULE OF CONTRACTS IN PROGRESS
Year Ended December 31, 2023
Job Job Description
Original Contract Current Contract amount Original Estimated
cost
Current Estimated
cost Estimate Profit Cost to Date % Complete Profit to Date Amount Earned Billed to Date Cost to Complete
Billings in Excess
of Costs &
Earnings
Costs & Earnings
in excess of
Billings
(D-F)(H/F)(G*I)(D*I)(F-H)(L-K)(K-L)
GC0140 KALEO HOME BASE & POOL 20,579,774 20,579,774 19,677,040 18,450,817 2,128,957 465,291 3%53,688 518,978 607,500 17,985,526 88,522
GC0133 BALDWIN COUNTY MATERIAL RECOVERY 17,107,405 17,275,688 16,175,975 16,315,238 960,450 4,121,075 25%242,601 4,363,676 4,857,696 12,194,163 494,020
IM0216 AIRBUS SITE & INFRASTRUCTURE*23,892,018 23,907,665 18,979,500 15,186,215 8,721,450 7,394,131 49%4,246,453 11,640,584 14,591,580 7,792,084 2,950,996
IG0019 RCR TAYLOR SIP 11,824,353 11,824,353 10,247,801 8,938,282 2,886,071 2,562,201 29%827,306 3,389,508 2,451,495 6,376,081 938,013
IM0218 AIRBUS FAL 2 & MARKETPLACE 7,295,997 7,295,997 5,875,000 5,942,407 1,353,590 146,233 2%33,310 179,542 276,813 5,796,174 97,271
IM0188 ALPHA HALL DEMO & UTILITY IMPR 12,685,000 12,685,000 11,000,000 11,091,797 1,593,203 6,355,342 57%912,868 7,268,210 6,930,871 4,736,455 337,339
IM0217 AIRBUS DUAL BAYS 27, 28 6,044,194 6,201,358 4,786,312 4,991,280 1,210,078 796,694 16%193,149 989,844 998,748 4,194,586 8,904
DM2301 CDBG-DR SALLY-ZETA AL 1,224,364 4,750,006 977,989 3,812,893 937,113 317,353 8%77,997 395,350 0 3,495,540 395,350
GC0111 BSCC SW BUILDING 100,200,300 14,591,535 14,591,535 14,110,023 13,110,340 1,481,195 10,091,682 77%1,140,150 11,231,832 10,846,541 3,018,658 385,291
GC0137 BEARD EQUIPMENT 3,298,086 3,247,580 2,947,754 2,947,754 299,826 0 0%0 0 0 2,947,754 0 0
IG0024 SPACEX STARBASE OFFICE 3,468,291 3,468,291 2,750,717 2,751,248 717,043 5,015 0%1,307 6,322 0 2,746,233 6,322
IM0254 AIRBUS DUAL BAY 29 2,754,918 2,754,918 2,277,000 2,277,000 477,918 0 0%0 0 0 2,277,000 0 0
GC0131 WAB- MILLINGTON- TN 2,898,238 3,046,101 2,849,456 2,878,445 167,656 812,649 28%47,333 859,982 1,062,234 2,065,796 202,252
IM0195 CHART IND MANUFAC PLANT 5,698,149 5,809,868 4,775,046 3,342,569 2,467,299 1,602,080 48%1,182,567 2,784,647 5,150,354 1,740,489 2,365,707
GC0130 WAB-ATHENS -GA 2,798,111 2,885,340 2,693,777 2,693,777 191,563 1,003,352 37%71,352 1,074,703 1,657,670 1,690,425 582,967
IG0009 JARRELL- FLATZ 487 7,058,009 8,221,266 7,033,044 6,515,191 1,706,075 4,972,939 76%1,302,219 6,275,158 5,508,135 1,542,252 767,023
GC0125 CENTURY CAR WASH-SHELBY-ROSS 2,678,868 2,716,622 2,411,593 2,467,733 248,889 984,230 40%99,267 1,083,497 1,229,774 1,483,503 146,277
GC0127 RICH'S CAR WASH- AZALEA RD 2,079,452 2,117,079 1,907,755 1,970,067 147,012 511,131 26%38,142 549,273 739,835 1,458,936 190,562
IG0017 St. Hwy 3 42- Inch WL Relocate 7,311,692 7,311,692 6,500,212 6,108,579 1,203,113 4,678,922 77%921,535 5,600,458 4,771,274 1,429,657 829,184
FL2301 TOWN OF DAVIE B&G CLUB 1,689,442 1,689,442 1,423,556 1,430,500 258,942 13,974 1%2,529 16,503 0 1,416,526 16,503
GC0117 WHATABURGER OPELIKA 2,974,801 3,224,381 2,822,033 2,873,826 350,555 1,489,924 52%181,744 1,671,668 2,270,454 1,383,902 598,786
IM0221 AIRBUS DELIVERY CENTER BUNDLE 1,634,420 1,634,420 1,249,700 993,736 640,684 3,596 0%2,318 5,914 0 990,140 5,914
GC0141 MATER ELECTRIC 1,094,909 1,094,909 1,000,839 1,007,238 87,671 19,460 2%1,694 21,154 0 987,778 21,154
IG0012 HOME DEPOT KATY 2,855,724 2,861,652 2,428,700 3,186,177 (324,525)2,335,315 73%(237,861)2,097,454 1,828,107 850,862 269,347
D101 FL-IRMA-REHAB-038393 18,275,299 18,100,911 15,706,719 15,384,371 2,716,540 14,677,751 95%2,591,766 17,269,517 16,622,278 706,620 647,239
GC0107 WHATABURGER-HAZEL GREEN 2,227,510 2,312,491 2,064,754 2,281,171 31,320 1,700,705 75%23,350 1,724,056 2,147,958 580,466 423,902
DM2302 NC OFFICE OF RECOVERY 1,090,848 1,090,848 901,350 938,467 152,381 366,366 39%59,488 425,854 0 572,101 425,854
DM0014 EnVIsion 200 3,871,671 4,272,981 3,825,654 4,324,008 (51,027)3,817,913 88%(45,054)3,772,858 3,196,566 506,095 576,292
GC0086 GULF STATE PARKS 8,785,000 8,785,000 8,273,672 8,311,113 473,887 7,848,648 94%447,518 8,296,166 8,376,927 462,465 80,761
VI2301 USVI CORRECTIONS MODULAR 497,064 497,064 421,961 421,961 75,103 7,456 2%1,327 8,783 0 414,505 8,783
IM0170 DUAL BAYS 11 & 12 2,147,600 2,296,930 1,845,172 1,387,539 909,391 973,761 70%638,201 1,611,962 1,640,808 413,778 28,846
DM0023 ISLAND BREEZE DEMO 488,996 625,096 535,503 569,271 55,825 155,722 27%15,271 170,993 176,862 413,549 5,869
GC0119 MAHOGANY WHATABUGER-CULLMAN 2,417,939 2,519,961 2,305,651 2,529,557 (9,596)2,136,059 84%(8,103)2,127,956 2,519,961 393,498 392,005
DM0019 PINK SHELL RESORT 2,491,329 3,434,981 2,975,327 3,294,663 140,318 2,903,733 88%123,668 3,027,402 3,355,496 390,930 328,094
C122 COH LEFT STATION 9,700,821 10,180,541 8,972,048 11,476,796 (1,296,255)11,127,445 97%(1,256,797)9,870,648 10,056,706 349,351 186,058
IM0231 ROTC BUILDING 11,000 484,640 9,756 386,340 98,300 37,882 10%9,639 47,521 240,000 348,458 192,479
GC0110 FAMILY DOLLAR TREE-GRAHAM NC 1,317,771 1,326,908 1,255,837 1,341,855 (14,947)996,151 74%(11,096)985,055 1,139,525 345,704 154,470
IM0257 OUTOKUMPU PICKLING LINE 497,086 497,086 373,370 373,370 123,716 61,335 16%20,323 81,658 149,125 312,035 67,467
GC0109 SHIPLEY'S DONUTS-DULUTH 556,849 556,849 512,381 560,950 (4,101)286,807 51%(2,097)284,710 229,322 274,143 55,388
GC0098 WHATABURGER-SCOTSBORO, AL 2,399,693 2,499,379 2,318,805 2,523,391 (24,012)2,270,753 90%(21,608)2,249,145 2,499,379 252,638 250,234
DM0004-2 SCDRO FLORENCE 728,102 775,102 353,880 357,033 418,069 106,404 30%124,594 230,998 30,000 250,629 200,998
GC0108 FAMILY DOLLAR TREE 999,732 1,254,989 1,164,594 1,385,859 (130,870)1,161,614 84%(109,694)1,051,920 1,057,793 224,245 5,873
CU0033 PACIFIC MOBILE SAN MARCOS 4,835,931 6,121,019 4,916,514 5,821,311 299,708 5,611,557 96%288,909 5,900,466 5,739,482 209,754 160,984
IM0248 LENZING - DEVCON FLOOR RESURFACE 296,600 296,600 211,014 211,023 85,577 12,949 6%5,251 18,201 0 198,074 18,201
DM0004 SCDRO FLORENCE 7,630,372 7,630,372 6,241,646 7,104,002 526,370 6,915,432 97%512,398 7,427,829 7,204,412 188,570 223,417
GC0112 UNION HILL SCHOOL ADDITION 424,781 424,781 191,055 592,598 (167,817)405,363 68%(114,794)290,569 300,543 187,235 9,974
GC0128 UNITED RENTAL BUILDING 549,039 598,045 503,795 547,728 50,317 361,826 66%33,239 395,065 476,599 185,902 81,534
GC0124 WHATABURGER HORN LAKE 2,451,781 2,505,523 2,019,128 2,116,944 388,579 1,948,401 92%357,642 2,306,043 2,397,219 168,543 91,176
DM0016 IAN Residential Reconstruction 1,446,582 1,398,253 1,220,896 1,741,205 (342,952)1,577,918 91%(310,791)1,267,127 1,299,512 163,287 32,385
GC0100 WHATABURGER-JACK SOUTHSIDE 2,328,063 2,394,707 2,172,970 2,646,151 (251,444)2,510,942 95%(238,596)2,272,346 2,394,709 135,209 122,363
CU0013R1 HC FWSD - HARRIS CO FWSD NO 61 362,194 362,194 413,301 690,911 (328,717)556,562 81%(264,797)291,765 0 134,349 291,765
GC0134 VIP-CARE BIRMINGHAM-5 POINTS W 512,788 509,951 445,903 447,318 62,633 321,386 72%45,000 366,386 439,043 125,932 72,657
GC0132 VIP-CARE VALDOSTA-BABS#23-1866 531,074 532,973 463,369 483,982 48,991 379,147 78%38,379 417,527 532,973 104,835 115,446
GC0103 HEAD START CENTER-TILLMAN'S 3,100,000 3,244,751 3,046,179 2,984,465 260,286 2,882,364 97%251,381 3,133,745 3,105,394 102,101 28,351
CU0030 WHCRWA # 50 7,731,560 7,731,560 6,453,215 7,384,980 346,580 7,292,919 99%342,260 7,635,178 7,517,282 92,061 117,896
GC0135 VIP-CARE MACON-BABS#23-1879 575,394 592,007 512,332 541,031 50,976 463,027 86%43,626 506,653 592,007 78,004 85,354
GC0138 VIP-CARE HUNTSVILLE 730,492 789,747 642,589 699,772 89,975 626,425 90%80,544 706,970 792,902 73,347 85,932
IM0086 USA 3 STORY POB*1,083,403 1,091,626 979,150 1,452,754 (361,128)1,382,128 95%(343,572)1,038,556 1,041,026 70,626 2,470
GC0116 WHATABURGER TIMOTHY ROAD 2,719,682 2,818,879 2,526,389 2,486,275 332,604 2,415,956 97%323,197 2,739,153 2,818,879 70,319 79,726
GC0055 USA HEALTH PHYSICIANS OFFICE 17,590,000 17,794,986 16,974,058 16,580,684 1,214,302 16,514,831 100%1,209,479 17,724,311 17,794,986 65,853 70,675
IG0023 CHEVRON TANK FARM 60,000 60,000 60,000 60,000 0 2,482 4%0 2,482 0 57,518 2,482
IM0233 AIRBUS A220 HANGAR 31 873,100 873,100 672,200 180,808 692,292 147,208 81%563,643 710,851 873,100 33,600 162,249
DM0021 METRO STORAGE 4,865,382 4,026,967 3,419,372 2,423,878 1,603,089 2,397,378 99%1,585,563 3,982,941 4,026,967 26,500 44,026
FM2401 NAPLES LOCKER ROOM 32,688 32,688 27,725 27,725 4,963 1,265 5%226 1,491 0 26,460 1,491
GC0087 RICH'S CAR WASH PENSACOLA 1,839,978 2,193,664 1,955,534 2,111,543 82,121 2,091,840 99%81,355 2,173,195 2,193,664 19,703 20,469
GC0088 WHATABURGER CUMMINGS GA 2,628,994 2,628,994 2,461,274 2,285,767 343,227 2,270,060 99%340,868 2,610,928 2,628,994 15,707 18,066
CU0029 LIFT STATION #1 881,092 881,092 770,551 820,164 60,928 805,591 98%59,845 865,436 849,327 14,573 16,109
IM0240 AKER CURB REPLACEMENT 17,250 17,250 14,000 14,000 3,250 0 0%0 0 17,250 14,000 17,250
IG0011 Mesquite Comperssor Relocate 352,406 352,406 296,930 186,191 166,215 176,558 95%157,615 334,173 319,703 9,633 14,470
IM0141 AIRBUS DUAL BAYS 9 & 10 4,319,986 4,595,282 3,913,219 3,475,096 1,120,186 3,467,011 100%1,117,580 4,584,591 4,595,282 8,085 10,691
IG0020 SAN JACINTO RIVER & RAIL PARK 50,000 50,000 25,000 26,200 23,800 22,432 86%20,377 42,809 60,692 3,768 17,883
IM0192 RENTAL COMPRESSOR T&M 443,238 443,238 214,532 307,087 136,151 303,988 99%134,777 443,238 443,238 3,099 0 0
IM0230 GE SLAB EXPLORATION 15,000 15,000 10,000 10,121 4,879 7,149 71%3,446 10,595 8,570 2,972 2,025
IM0261 UOP ROADWAY GUTTER 6,846 6,846 4,565 4,638 2,208 1,775 38%845 2,620 6,846 2,863 4,226
IG0013 KIEWIT-MYRTLE SOLAR 28X60 39,600 39,600 24,500 24,500 15,100 22,000 90%13,559 35,559 39,600 2,500 4,041
CU0024 EMERALD FORET US LS #5 795,665 795,665 703,842 856,639 (60,974)854,228 100%(60,802)793,426 777,365 2,411 16,061
IM0185 UOP I&E TECHNICIAN 186,172 186,172 91,520 146,533 39,639 146,533 100%39,639 186,172 186,172 0 0 0
IM0190 TEST BED - MARINE & INDUSTRIAL 564,090 564,090 108,000 485,404 78,686 485,404 100%78,686 564,090 564,090 0 0 0
IM0226 AKER T&M 20,000 40,784 15,000 28,619 12,165 28,619 100%12,165 40,784 40,784 0 0 0
IM0252 GE B BAY MOVING LINE 436,061 436,061 0 371,184 64,877 371,242 100%64,887 436,129 436,061 (58)68
IM0250 UNIVAR FACILITY 7,000 7,000 2,751 2,751 4,249 4,060 148%6,271 10,331 0 (1,309)10,331
IM0158 AIRBUS UTILITY COORIDOR RELOCATION 1,119,696 1,502,896 1,225,261 702,275 800,621 704,491 100%800,621 1,502,896 1,502,896 (2,216)0 0
GC0085 EXPRESS CAR WASH ON VAUGHN 2,354,524 2,654,187 2,288,683 2,620,889 33,298 2,646,465 100%33,298 2,654,187 2,654,187 (25,576)0 0
Active Jobs 300,850,564 311,947,650 268,955,217 270,835,970 41,111,680 170,456,007 21,255,585 191,688,272 195,889,543 100,379,963 10,990,916 6,789,646
√√
4,201,271
Supplementary Schedules - Completed Contracts for 2023
19
Persons Services Corp.
SCHEDULE OF COMPLETED CONTRACTS
Year Ended December 31, 2023
Job Job Description Original Contract Current Contract amount Original Estimated costCurrent Estimated costEstimate Profit Cost to Date % Complete Profit to Date Amount Earned Billed to Date Cost to Complete
Billings in Excess
of Costs &
Earnings
Costs & Earnings
in excess of
Billings
(D-F)(H/F)(G*I)(D*I)(F-H)(L-K)(K-L)
CU0008 FUZE MIDLAND 3,288,839 3,758,716 3,179,718 3,463,752 294,964 3,463,752 100%294,964 3,758,716 3,807,883 0 49,167
CU0032 OASIS MASTERPLAN 4,885,375 5,311,700 4,438,293 4,578,893 732,807 4,578,893 100%732,807 5,311,700 5,311,700 0
IG0010 OXY BATTLEGROUND MAINT BLDG 387,600 623,407 505,627 283,174 340,233 283,174 100%340,233 623,407 623,407 0 0 0
IG0025 STARBASE OFFICE BUILDING - BAKER 1 1 1 1 0 1 100%0 1 1 0 0 0
IG0021 KANEKA - NUTRIENT 20,000 20,000 10,000 11,002 8,998 11,002 100%8,998 20,000 22,971 0 2,971
GC0136 JASON PILGER- HYUNDAI 10,250 10,250 10,250 10,250 0 10,250 100%0 10,250 10,250 0 0 0
IM0253 UOP COMPRESSOR 2 T&M 1 1 1 1 0 1 100%0 1 1 0 0 0
IM0256 ST PATRICKS 4,359 4,359 1,585 2,699 1,660 2,699 100%1,660 4,359 4,359 0 0 0
IM0104 USS ALABAMA TEAK DECK REPLACEMENT 230,048 230,048 39,500 148,055 81,993 148,055 100%81,993 230,048 230,048 0 0 0
DM0005 REBUILD FL MICHAEL 15,571,165 15,617,049 12,570,725 13,947,123 1,669,926 13,997,852 100%1,669,926 15,617,049 15,617,049 (50,729)0 0
IM0148 UOP EMERGENCY MAINT 96,239 96,239 73,526 73,526 22,713 73,526 100%22,713 96,239 96,239 0 0 0
IM0151 POND MAINTENANCE - UOP T&M 1,877,824 1,618,639 623,361 1,254,445 364,194 1,254,445 100%364,194 1,618,639 1,618,639 0 0 0
IM0163 USA FIRE HYDRANT MAINT 48,438 96,906 40,000 21,972 74,934 21,972 100%74,934 96,906 96,906 0 0 0
IM0234 CHART BLASTER SUPPORT T&M 13,764 13,764 6,587 11,663 2,101 11,663 100%2,101 13,764 13,764 0 0 0
IM0235 UOP ADS 2 TRENCH WORK 14,569 14,569 6,970 6,970 7,599 6,970 100%7,599 14,569 14,569 0 0 0
GC0106 FAMILY DOLLAR TREE-PEMBROKE 937,745 1,042,681 850,285 849,634 193,047 849,634 100%193,047 1,042,681 1,042,681 0 0 0
GC0143 ELBERTA HIGH SCHOOL 1 1 1 1 0 0 0%0 0 0 1 0 0
GC0144 ROBERTSDALE HIGH SCHOOL ADDITION 1 1 1 1 0 0 0%0 0 0 1 0 0
GC0145 MCPPS - NEW TRANSPORTATION BUS WASHING 1 1 1 1 0 1 100%0 1 1 0 0 0
GC0146 ROBBIE WOOD NEW OFFICE 1 1 1 1 0 1 100%0 1 1 0 0 0
Completed Contracts Totals 27,386,221 28,458,333 22,356,433 24,663,164 3,795,169 24,713,891 18 3,795,169 28,458,331 28,510,469 (50,727)52,138 0
52,138 0
Total Contracts 328,236,785 340,405,983 291,311,650 295,499,134 44,906,849 195,169,898 18 25,050,754 220,146,603 224,400,012 Total 11,043,054 6,789,646
( Active + Completed )
√4,253,409
PERSONS SERVICES CORP.
FINANCIAL STATEMENTS
AND SUPPLEMENTARY INFORMATION
Year Ended December 31, 2022
Persons Services Corp.
Table of Contents
Page
Independent Accountants Review Report ................................................................................. 2
Balance Sheet ............................................................................................................................ 4
Statement of Income and Retained Earnings ............................................................................ 6
Statement of Cash Flows .......................................................................................................... 7
Notes to Financial Statements ................................................................................................... 9
Supplementary Information
Schedule of Contracts in Progress ..................................................................................... 21
Schedule of Completed Contracts ...................................................................................... 23
Schedule of Gross Profit .................................................................................................... 24
Schedule of General and Administrative Expenses ........................................................... 25
2
R. Lee Pope II CPA
265 Mitchell Rd. Mailing Address:
Norcross, Ga. P. O. Box 1252
(678-641-7558) Member Norcross, Ga. 30071
American Institute Certified Public Accountants
INDEPENDENT ACCOUNTANTS REVIEW REPORT
SHAREHOLDERS
Mobile, Alabama
I have reviewed the accompanying financial statements of Persons Service Corp., a Subchapter
S Corp., which comprise the balance sheet as of December 31, 2022, statement of income and
cash flows for the year then ended, and the related notes to the financial statements. A review
includes primarily applying analytical procedures to management’s financial data and making
inquiries of company management. A review is substantially less in scope than an audit, the
objective of which is the expression of an opinion regarding the financial statements as a whole.
Accordingly, I do not express such an opinion.
Management’s Responsibility for the Financial Statements
Management is responsible for the preparation and fair presentation of these financial
statements in accordance with accounting principles generally accepted in the United States of
America; this includes the design, implementation, and maintenance of internal control relevant
to the preparation and fair presentation of financial statements that are free from material
misstatement, whether due to fraud or error.
Accountant’s Responsibility
My responsibility is to conduct the review engagement in accordance with Statements on
Standards for Accounting and Review Services promulgated by the Accounting and Review
Services Committee of the AICPA. Those standards require us to preform procedures to obtain
limited assurance as a basis for reporting whether we are aware of any material modifications
that should be made to the financial statements for them to be in accordance with accounting
principles generally accepted in the United States of America. We believe that the results of my
procedures provide a reasonable basis for my conclusion.
Accountant’s Conclusion
Based on my review, I am not aware of any material modifications that should be made to the
accompanying financial statements for them to be in conformity with accounting principles
generally accepted in the United States of America.
3
Disclaimer of Opinion on Required Supplementary Information
We have applied certain limited procedures to the required supplementary information in
accordance with review standards generally accepted in the United States of America, which
consisted of inquiries of management about the methods of preparing the information and
comparing the information for consistency with management’s responses to our inquiries, the
basic financial statements, and other knowledge we obtained during our review of the basic
financial statements. We do not express an opinion or provide any assurance on the information
because the limited procedures do not provide us with enough evidence to express an opinion
or provide any assurance.
March 30,2023 AICPA Member Reginald Lee Pope II, CPA
4
Persons Services Corp.
Balance Sheet
December 31, 2022
ASSETS
294,530$
1,596,350
507,639
26,233,115
5,457
3,791,102
10,272,650
42,700,843
3,694,148
244,978
6,497,776
1,105,812
11,542,714
(4,292,617)
7,250,097
18,000
18,000
49,968,940$ Total assets
of $4,814,235
Prepaid expenses
Deferred contract costs - net
Costs and estimated earnings in excess
Total current assets
Autos and trucks
Furniture and fixtures
Leasehold improvements
Less accumulated depreciation
Net property and equipment
Goodwill - net of amortization
Total other assets
PROPERTY AND EQUIPMENT (partially pledged)
Equipment
OTHER ASSETS
CURRENT ASSETS
Cash and cash equivalents
Investments - marketable securities
Receivables, including retainage
of billings on uncompleted contracts
Due from related party
See Notes and Accompanying Independent Accountants Review Report.
5
BALANCE SHEET (Continued)
Persons Services Corp.
20,158,870$
266,227
2,021
11,647,860
3,829,153
1,059,010
36,963,141
2,067,218
39,030,359
106
10,938,475
10,938,581
49,968,940$
Total current liabilities
OTHER LIABILITIES
Long-term debt - less current maturities
STOCKHOLDERS' EQUITY
LIABILITIES AND STOCKHOLDERS' EQUITY
Accounts payable, including retainage
Total stockholders' equity
Total liabilities
Total Liabilities and Stockholders' Equity
CURRENT LIABILITIES
of $2,808,659
Payroll tax liabilities
Accrued expenses
Line of credit
Billings in excess of costs and estimated earnings
on uncompleted contracts
and 106 shares issued and outstanding
Retained Earnings
Common stock $1 par value, 100,000 shares
Current maturities of long-term debt
See Notes and Accompanying Independent Accountants Review Report.
6
Persons Services Corp.
STATEMENT OF INCOME AND RETAINED EARNINGS
For the Year Ended December 31, 2022
Amount
Revenues earned 110,067,153$ 100.0%
Cost of revenues earned
Direct costs 93,699,251 85.1%
Indirect costs, including depreciation of
of $1.055.324 3,995,283 3.6%
Total costs of revenues 97,694,534 88.8%
Gross profit 12,372,619 11.2%
Operating expenses
General and administrative expenses 8,446,077 7.7%
Amortization 3,000 0.0%
Depreciation 54,564 0.0%
Interest expense 526,026 0.5%
Total operating expenses 9,029,667 8.2%
Income from operations 3,342,952 3.0%
Other income (expense)
Investment income 6,908 0.0%
Gain (loss) on sale of investments (4,652) 0.0%
Net unrealized gain (loss) on marketable securities (89,550) -0.1%
Gain (loss) on disposition of assets 61,087 0.1%
Total other income (expenses)(26,207) 0.0%
Net income 3,316,745$ 3.0%
Retained Earnings Summary Beginning 1/1/2022 7,781,231$
Net Income 3,316,745
Distributions (159,501)
Ending Balance 12/31/2022 10,938,475$
% of
Revenues
See Notes and Accompanying Independent Accountants Review Report.
7
Persons Services Corp.
STATEMENT OF CASH FLOWS
For the Year Ended December 31, 2022
3,316,745$
1,112,888
(61,087)
4,652
89,550
(9,693,348)
(287,901)
757
(3,362,831)
(964,535)
8,534,573
(133,931)
62,599
-
90,919
(1,290,950)
(1,939,006)$
142,551
(441,232)
(2,237,687)$
Receivables
CASH FLOWS FROM OPERATING ACTIVITIES
Net income
Adjustments to reconcile net income (loss) to net cash
provided by operating activities
Depreciation and amortization
(Gain) loss on disposition
(Gain) loss on sale of investments
Unrealized (gain) loss on marketable investments
Changes in assets and liabilities
(Increase) decrease in:
estimated earnings
Prepaid expenses
Other receivable
Deferred contract cost
Cost and estimated earnings in
excess of billings
Increase (decrease) in:
Accounts payable
Accrued expenses
Payroll tax liabilities
Cash overdrafts
Billings in excess of costs and
NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES
NET CASH PROVIDED (USED) BY INVESTING ACTIVITIES
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of equipment and leasehold improvements
Proceeds from disposal of equipment/vehicles
Investment in securities
See Notes and Accompanying Independent Accountants Review Report.
8
(467,656)$
4,329,352
(159,501)
3,702,195
173,558
120,972
294,530$
526,026$
STATEMENT OF CASH FLOWS (Continued)
Persons Services Corp.
CASH FLOWS FROM FINANCING ACTIVITIES:
Principal payments of long-term debt
Net advances of short-term debt
Interest paid
Distributions to members
NET CASH PROVIDED (USED) BY FINANCING
NET INCREASE (DECREASE) IN CASH
CASH - BEGINNING OF YEAR
CASH - END OF YEAR
SUPPLEMENTAL DISCLOSURES:
See Notes and Accompanying Independent Accountants Review Report.
9
PERSONS SERVICES CORP.
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 2022
NOTE A – HISTORY OF ORGANIZATION
Persons Services Corp. (the Company) was formed on January 1, 2000, under the laws of the state of Alabama.
On January 1, 2018, the company elected to convert from a Limited Liability Company to a S Corporation.
The primary business activity of the Company is the performance of plumbing, construction services, and disaster
reconstruction services mainly in Southeastern United States. The Company’s headquarters is located in Mobile,
Alabama.
NOTE B – SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Cash and cash equivalents
Cash and cash equivalents include cash on hand, demand deposits with banks and all highly liquid investments
with original maturities of three months or less. The Company also considers investments in money market
funds to be cash equivalents.
Revenue and Cost Recognition
The construction of industrial, commercial and disaster recovery contracts are considered single performance
obligations that are satisfied over time. Payment is also due over time in installments, based on project phases as
specified in the contracts, with a final payment due at the time the contracts are completed, and the customer
accepts the property.
The Company recognizes revenues from fixed-price and modified fixed-price industrial and commercial
construction contracts using the cost-to-cost input method, which measures progress toward completion based
on the percentage of cost incurred to date to estimated total cost for each contract. Contract costs inputs include
all direct material and labor costs and those indirect costs related to contract performance, such as indirect labor,
supplies, tools, and repairs. Costs of inefficiencies or wasted resources (material or labor) are excluded when
measuring progress and are expensed as incurred.
Revenue from disaster recovery contracts with fixed-priced and modified fixed-price terms are also recognized
using the cost-to-cost input method. However, the costs of administration and supervision and other indirect
costs are excluded from measuring the progress toward completion.
Management believes the methods selected represent the best proxies available to measures the progress toward
completion of contracts.
Because of inherent uncertainties in estimating costs, it is at least reasonably possible that estimates used will
change within the near term.
Changes in job performance, job conditions, and estimated profitability may result in revisions to costs and
income, which are generally recognized in the period in which the revisions are determined.
PERSONS SERVICES CORP.
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 2022
NOTE B - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
10
Revenue and Cost Recognition (Continued)
Changes in estimated job profitability resulting from variable consideration (such as incentives for completing a
contract early or on time, penalties for not completing a contract on time, claims for which the Company has
enforceable rights, or contract modifications/change orders in which the scope of modification has been
approved, but the price has not been determined or approved) are accounted for as changes in estimates in the
current period, but limited to an amount that will not result in a significant reversal of revenue in future periods.
Provisions for estimated losses on uncompleted contracts are made in the period in which such losses are
determined.
Selling, general, and administrative costs are charged to expense as incurred.
The Company generally warranties its work for one year after the date of acceptance. Warranty costs for the
year ended December 31, 2022, were immaterial.
The timing of revenue recognition, billings, and cash collections results in billed accounts receivable, unbilled
receivables (contract assets), and customer advances and deposits (contract liabilities) on the balance sheet.
Amounts are billed as work progresses in accordance with agreed-upon contractual terms, either at periodic
intervals (e.g., monthly) or upon achievement of contractual milestones. Generally, billings from disaster
recovery projects occur subsequent to revenue recognition, resulting in contract assets. In contrast, billings on
industrial and commercial projects generally exceed revenues earned which allow the company to receive
advances or deposits from customers, resulting in contract liabilities. Contract assets decline as contracts near
completion and work can be invoiced. Contract liabilities are decreased as revenue is recognized and as the
contracts near completion.
The contract asset is captioned in the balance sheet as, "costs and estimated earnings in excess of billings on
uncompleted contracts." The contract liability is captioned, "billings in excess of costs and estimated earnings
on uncompleted contracts."
The beginning and ending contract balances were as follows:
12/31/2022 12/31/2021
26,233,115$ 16,539,767$
10,272,650$ 9,308,115$
3,829,153$ 3,738,234$
Receivables
Costs and estimated earnings in excess of
billings on uncompleted contracts
Billings in excess of costs and estimated
earnings on uncompleted contracts
PERSONS SERVICES CORP.
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 2022
NOTE B - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
11
Use of Estimates
The Company uses estimates and assumptions in preparing financial statements in accordance with generally
accepted accounting principles. Those estimates and assumptions affect the reported amounts of assets and
liabilities, the disclosures of contingent assets and liabilities and the reported revenues and expenses. Actual
results could vary from the estimates that were used.
Contract Receivables
For financial reporting purposes, the Company uses the allowance method of accounting for doubtful accounts.
After review of the accounts receivable aging by management, a provision for uncollectible accounts in
the amount of $325,000 has been recorded.
Goodwill
The Company has elected to adopt the private company option to amortize goodwill. Goodwill is subject to
amortization over a 10-year life.
Property and Equipment
Property and equipment items are carried at cost. Maintenance and repairs are charged to expense as incurred
and renewals and betterments are capitalized. Depreciation is charged to income on a basis considered adequate
to amortize the related costs over their estimated useful lives, using the straight-line method. Estimated useful
lives are principally as follows: machinery and equipment, 7 to 10 years; furniture and fixtures, 7 to 10 years;
vehicles and other, 5 years; leasehold improvements, 20 years. The Company’s policy is to capitalize
acquisitions costing $5,000 or more. Depreciation expense for the year ended December 31, 2022, was
$1,109,888.
The net gain or loss on items retired or otherwise disposed of is credited or charged to operations and the cost
and accumulated depreciation are removed from the accounts.
Accrued Compensated Absences
The Company does not accrue for compensated absences because the amount of the obligation cannot be
reasonable estimated.
Advertising
The Company expenses advertising costs as they are incurred. Advertising expenses were $278,989 for the year
ended December 31, 2022.
PERSONS SERVICES CORP.
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 2022
NOTE B - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
12
Income Taxes
The Company has elected to be treated as an S corporation effective January 1, 2018. An S corporation is not a
taxpaying entity for federal or state income tax purposes. Accordingly, no income tax expense has been
recorded in the statements. All income or losses will be reported on the individual shareholders’ income tax
returns.
As of December 31, 2022, the Company had no uncertain tax positions that require either recognition or
disclosure in the Company’s financial statement.
NOTE C – CONCENTRATION OF CREDIT RISK
Financial instruments, which potentially subject the Company to concentrations of credit risk, consist
principally of cash and contract receivables. The Company maintains a portion of its cash in bank deposit
accounts at financial institutions. The balances, at times, may exceed federally insured limits. At December 31,
2022, the balances did not exceed the Federal Deposit Insurance Corporation’s (FDIC) insured amount.
The Company generates substantially all its revenue from diversified segments of the commercial, industrial,
and residential construction industry. Although the Company’s construction contracts are made with various
customers, revenues from contracts with fourteen customers represented approximately 73% of total revenues
for the year ended December 31, 2022.
The Company, in the normal course of business, operating primarily in the southeastern region of the United
States, extends credit to its customers based on various terms. The Company had outstanding receivables from
businesses in this area of $26,233,115 as of December 31, 2022. Most of the receivables represent unpaid
billings from uncollateralized construction work. However, the Company can place liens on projects that are
unpaid.
Receivables from contracts in progress equaled $25,461,147 or 9 7 % of total receivables as of December
31, 2022.
PERSONS SERVICES CORP.
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 2022
13
NOTE D – MARKETABLE SECURITIES
Marketable securities have been classified according to management’s intent. The cost of securities and their
approximate level 1 fair values are as follows:
Cost Basis Gain (Loss)
Marketable securities
available-for-sale 1,414,590$ 181,760$ 1,596,350$
December 31, 2022
Gross
Unrealized
Fair Value
Equity securities are carried in the financial statement at fair value. Net unrealized holding gains (losses) on available-
for-sale securities in the amount of ($89,550) for the year ended December 31, 2022, have been included in income.
These investments consist primarily of publicly traded mutual funds and shares of equity securities.
Realized gains (losses) from sales of securities available for sale are as follows:
Cost Basis
Marketable securities
available-for-sale 120,150$ 124,802$ (4,652)$
December 31, 2022
Gain (Loss)
Proceeds
from Sales
Management uses the specific identification method to determine the cost basis of securities sold.
PERSONS SERVICES CORP.
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 2022
14
NOTE E – LINES OF CREDIT
The Company has a line of credit in the amount of $12,000,000 with a financial institution. The line bears
interest based at the bank’s prime rate which was 4.75% on December 31, 2022. The line is secured by
accounts receivable and is guaranteed by the shareholders. The loan agreement also contains restrictions and
covenants. The outstanding balance was $11,157,860 on December 31, 2022. The line matures July 31, 2023.
The Company has a line of credit in the amount of $500,000 with a financial institution. The line bears
interest based at the bank’s prime rate which was 4.75% on December 31, 2022. The line is unsecured but
is guaranteed by the shareholders. The loan agreement also contains restrictions and covenants. The outstanding
balance was $490,000 on December 31, 2022. The line matures September 13, 2023.
PERSONS SERVICES CORP.
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 2022
15
NOTE F — LONG-TERM DEBT
Long-term debt at December 31, 2022 consists of the following:
789,088$
9,303
25,165
16,177
21,250
40,693
90,087
43,207
38,839
Note payable to a bank due in monthly installments
of $34,157 including 3.65% interest per annum;
collateralized by equipment
Note payable to a finance company due in monthly
installments of $998 including 0.09% interest per
annum; collateralized by equipment
Note payable to a finance company due in monthly
installments of $1,224 including 4.79% interest per
annum; collateralized by a vehicle
Note payable to a finance company due in monthly
installments of $2,311 including 0.00% interest per
annum; collateralized by equipment
Note payable to a finance company due in monthly
installments of $850 including 0.00% interest per
annum; collateralized by equipment
Note payable to a finance company due in monthly
installments of $8,190 including 0.00% interest per
annum; collateralized by equipment
Note payable to a finance company due in monthly
installments of $1,936 including 0.00% interest per
annum; collateralized by equipment
Note payable to a finance company due in monthly
installments of $1,250 including 0.00% interest per
annum; collateralized by a vehicle
Note payable to a finance company due in monthly
installments of $8,139 including 0.00% interest per
annum; collateralized by equipment
PERSONS SERVICES CORP.
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 2022
16
NOTE F — LONG-TERM DEBT (Continued)
38,839
237,721
250,190
153,139
181,968
59,923
62,723
126,741
59,020
Note payable to a finance company due in monthly
installments of $2,313 including 2.99% interest per
annum; collateralized by equipment
Note payable to a finance company due in monthly
installments of $1,077 including 2.99% interest per
annum; collateralized by equipment
Note payable to a finance company due in monthly
installments of $5,545 including 2.50% interest per
annum; collateralized by equipment
Note payable to a finance company due in monthly
installments of $3,394 including 0.99% interest per
annum; collateralized by equipment
Note payable to a finance company due in monthly
installments of $4,033 including 0.99% interest per
annum; collateralized by equipment
Note payable to a finance company due in monthly
installments of $1,077 including 2.99% interest per
annum; collateralized by equipment
Note payable to a bank due in monthly installments
of $1,459 including 3.43% interest per annum;
collateralized by equipment
Note payable to a finance company due in monthly
installments of $1,224 including 4.79% interest per
annum; collateralized by a vehicle
Note payable to a finance company due in monthly
installments of $5,269 including 0.99% interest per
annum; collateralized by equipment
PERSONS SERVICES CORP.
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 2022
17
NOTE F — LONG-TERM DEBT (Continued)
29,016
41,035
73,390
63,806
59,732
59,732
325,712
68,627
Note payable to a finance company due in monthly
installments of $1,295 including 8.39% interest per
annum; collateralized by a vehicle
Note payable to a finance company due in monthly
installments of $8,209 including 4.45% interest per
annum; collateralized by equipment
Note payable to a finance company due in monthly
installments of $1,248 including 8.11% interest per
annum; collateralized by a vehicle
Note payable to a finance company due in monthly
installments of $621 including 3.28% interest per
annum; collateralized by a vehicle
Note payable to a finance company due in monthly
installments of $734 including 4.55% interest per
annum; collateralized by a vehicle
Note payable to a finance company due in monthly
installments of $1,548 including 5.80% interest per
annum; collateralized by a vehicle
Note payable to a finance company due in monthly
installments of $1,204 including 8.99% interest per
annum; collateralized by a vehicle
Note payable to a finance company due in monthly
installments of $1,295 including 8.39% interest per
annum; collateralized by a vehicle
PERSONS SERVICES CORP.
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 2022
18
NOTE F — LONG-TERM DEBT (Continued)
161,105
3,126,228
1,059,010
2,067,218
Note payable to a finance company due in monthly
installments of $3,980 including 7.69% interest per
annum; collateralized by a vehicle
Less current maturities
Maturities of long-term debt at December 31, 2022 are as follows:
1,059,010
956,881
533,812
439,089
137,436
3,126,228$
2027 and thereafter
2026
2025
2024
Year ending December 31
2023 (included in current maturities)
NOTE G — CONTRACTS IN PROGRESS
As of December 31, 2022, contracts in progress consist of the following:
2022
89,500,983$
12,658,726
102,159,709
95,716,212
6,443,497$
Cost incurred on uncompleted contracts
Estimated earnings
Less: billings to date
PERSONS SERVICES CORP.
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 2022
19
NOTE G — CONTRACTS IN PROGRESS (Continued)
The following is included in the accompanying balance sheet as of December 31, 2022 under the captions
shown:
2022
10,272,650$
(3,829,153)
6,443,497$
Billings in excess of costs and estimated
earnings on uncompleted contracts
Costs and estimated earnings in excess of
billings on uncompleted contracts
As of December 31, 2022, the Company’s balance sheet reflects deferred contract costs of $3,791,102. The
remaining balance represents performance bonds on jobs that had not started at December 31, 2022, as well as
cost incurred on the startup of job for which we have not yet earned revenue. These costs are anticipated to be
fully recoverable.
NOTE H - BACKLOG
The following schedule shows a reconciliation of backlog representing revenue expected to be realized from
work to be performed on uncompleted contracts.
67,475,761$
123,466,130
190,941,891
110,067,153
80,874,738$
Balance at December 31, 2022
New contracts and change orders through December 31, 2022
Less contract revenue earned through December 31, 2022
Balance at December 31, 2022
The Company has entered into new contracts with estimated revenues of $44,357,503 between January 1, 2022
and June 30, 2022.
PERSONS SERVICES CORP.
NOTES TO FINANCIAL STATEMENTS
DECEMBER 31, 2022
20
NOTE I – EARNINGS FROM CONTRACTS
Fixed-price 105,111,066$
Cost-based 4,392,587
Time and materials 563,500
110,067,153$
Each contract type presents advantages and disadvantages. Typically, fixed-price contracts involve more risk.
However, they offer the opportunity for additional profits if the contract is completed for less than estimated.
Cost-based reimbursement contracts involve less risk but often are less profitable. Under time and materials
arrangements, profit may vary if actual labor-hour costs vary significantly from negotiated rates.
NOTE J – RETIREMENT PLAN
The Company has a qualified profit-sharing plan with a 401(k) deferred compensation provision. Employees
are eligible to participate in the plan as long as they are at least 21 years of age and have completed one year of
service. The plan also provides for matching contributions by the Company generally equal to the lessor of
100% of the employee’s contribution or 4% of their compensation. Matching contributions to the plan were
$53,964 for the year ended December 31, 2022. The profit-sharing portion of the plan provides for elective
contributions by the Company in such amounts as management may determine. There were no elective
contributions to the plan for the year ending December 31, 2022.
NOTE K – RELATED-PARTY TRANSACTIONS
The Company pays rent for office and warehouse space in Mobile, Alabama and Houston, Texas to an LLC
owned by shareholders of the Company. The Company’s leases are month to month for the year ended
December 31, 2022, and total lease payments for the year were $322,173.
NOTE L – SUBSEQUENT EVENTS
Management has evaluated subsequent events through March 31, 2023, the date on which the financial
statement was available to be issued.
PERSONS SERVICES CORP.
SUPPLEMENTARY INFORMATION
PERSONS SERVICES CORP.
21
SCHEDULE OF CONTRACTS IN PROGRESS
Year Ended December 31, 2022
TOTAL CONTRACT YEAR TO DATE DECEMBER 31, 2022 MANAGEMENT ESTIMATES
Job Job Name Contract Amount Estimated Cost Gross Profit Revenue to Date Cost to Date
Gross Profit to
Date Billed to Date
Costs and
Estimated
Earnings in
Excess of Billings
Billings in
Excess of Costs
and Est Earnings
Future
Revenues
(Backlog)
Estimated
Direct Cost to
Complete
Future Gross
Profit
D101 FL-IRMA-REHAB-038393 18,296,946 15,374,481 2,922,465 15,634,084 13,136,942 2,497,142 15,273,443 360,641 - 2,662,862 2,237,539 425,323
GC0055 USA HEALTH PHYSICIANS OFFICE 17,787,870 16,682,411 1,105,459 14,491,822 13,591,202 900,620 15,122,373 - 630,551 3,296,048 3,091,209 204,839
DM0005 REBUILD FL MICHAEL 14,864,493 12,324,421 2,540,072 12,210,013 10,123,543 2,086,470 8,424,222 3,785,791 - 2,654,480 2,200,878 453,602
GC0111 BSCC SW BUILDING 100,200,300 14,591,535 14,088,285 503,250 74,390 71,824 2,566 182,952 - 108,562 14,517,145 14,016,461 500,684
GC0086 GULF STATE PARKS 8,785,000 8,365,064 419,936 1,753,747 1,669,916 83,831 1,720,457 33,290 - 7,031,253 6,695,148 336,105
DM0014 EnVIsion 200 8,550,485 6,939,112 1,611,373 954,683 774,769 179,914 906,043 48,640 - 7,595,802 6,164,343 1,431,459
CU0030 WHCRWA # 50 7,731,560 6,623,428 1,108,132 6,526,784 5,591,328 935,456 5,734,152 792,632 - 1,204,776 1,032,100 172,676
DM0004 SCDRO FLORENCE 6,192,593 5,227,826 964,767 4,811,170 4,061,620 749,550 2,208,872 2,602,298 - 1,381,423 1,166,206 215,217
IM0129 USA JOB # 20-33B NORTH DRIVE 5,816,689 4,698,824 1,117,865 2,706,996 2,186,759 520,237 2,622,512 84,484 - 3,109,693 2,512,065 597,628
CU0033 PACIFIC MOBILE SAN MARCOS 5,734,477 4,820,000 914,477 4,704,753 3,954,486 750,267 4,544,208 160,545 - 1,029,724 865,514 164,210
CU0032 OASIS MASTERPLAN 5,175,750 3,992,431 1,183,319 4,402,190 3,395,728 1,006,462 4,452,524 - 50,334 773,560 596,703 176,857
IM0141 AIRBUS DUAL BAYS 9 & 10 4,611,580 3,848,812 762,769 1,719,160 1,434,806 284,354 513,889 1,205,271 - 2,892,420 2,414,005 478,415
GC0065 ALABAMA SHIPYARD 4,175,680 3,693,949 481,731 3,797,098 3,359,042 438,056 3,916,869 - 119,771 378,582 334,907 43,675
CU0008 FUZE MIDLAND 3,807,883 3,493,502 314,381 3,730,303 3,422,327 307,976 3,807,883 - 77,580 77,580 71,175 6,405
CU0036 TAYLOR LOGISTICS PARK & KAIROI 3,249,612 2,235,282 1,014,330 3,116,254 2,143,550 972,704 3,122,592 - 6,338 133,358 91,732 41,626
GC0103 HEAD START CENTER-TILLMAN'S 3,100,000 2,850,000 250,000 40,163 36,924 3,239 - 40,163 - 3,059,837 2,813,076 246,761
GC0081 WHATABURGER - WOODSTOCK 2,705,774 2,300,000 405,774 1,989,454 1,691,104 298,350 2,705,774 - 716,320 716,320 608,896 107,424
GC0101 CENTURY CAR WASH - HERNANDO 2,543,402 2,299,355 244,047 113,457 102,570 10,887 137,897 - 24,440 2,429,945 2,196,785 233,160
GC0088 WHATABURGER CUMMINGS GA 2,462,001 2,248,348 213,653 1,133,012 1,034,689 98,323 1,744,572 - 611,560 1,328,989 1,213,659 115,330
GC0085 EXPRESS CAR WASH ON VAUGHN 2,460,667 2,173,978 286,689 1,275,966 1,127,305 148,661 1,273,218 2,748 - 1,184,701 1,046,673 138,028
GC0098 WHATABURGER-SCOTSBORO, AL 2,429,989 2,267,407 162,582 465,016 433,903 31,113 413,274 51,742 - 1,964,973 1,833,504 131,469
GC0100 WHATABURGER-JACK SOUTHSIDE 2,328,063 2,085,244 242,819 195,516 175,123 20,393 103,997 91,519 - 2,132,547 1,910,121 222,426
GC0079 COMFORT SUITES EAST BAY 2,265,782 1,612,709 653,073 2,013,043 1,432,818 580,225 2,260,371 - 247,328 252,739 179,891 72,848
GC0107 WHATABURGER-HAZEL GREEN 2,227,510 2,064,754 162,756 11,615 10,767 848 - 11,615 - 2,215,895 2,053,987 161,908
IM0170 DUAL BAYS 11 & 12 2,147,600 1,777,400 370,200 7,129 5,900 1,229 - 7,129 - 2,140,471 1,771,500 368,971
GC0089 CENTURY CAR WASH - WEST MEMPHIS 2,132,071 1,863,779 268,292 1,123,777 982,365 141,412 1,308,421 - 184,644 1,008,294 881,414 126,880
GC0093 RESTROOM RENO BATTLESHIP 1,993,875 1,893,000 100,875 3,157 2,997 160 - 3,157 - 1,990,718 1,890,003 100,715
GC0087 RICH'S CAR WASH PENSACOLA 1,980,271 1,835,201 145,070 419,756 389,006 30,750 353,848 65,908 - 1,560,515 1,446,195 114,320
DM0019 PINK SHELL RESORT 1,803,626 1,643,260 160,366 254,644 232,003 22,641 337,677 - 83,033 1,548,982 1,411,257 137,725
GC0082 LEARNING TREE 1,690,216 1,566,207 124,009 1,418,386 1,314,321 104,065 1,616,486 - 198,100 271,830 251,886 19,944
GC0110 FAMILY DOLLAR TREE-GRAHAM NC 1,458,366 1,219,642 238,724 2,234 1,868 366 - 2,234 - 1,456,132 1,217,774 238,358
DM0016 IAN Residential Reconstruction 1,301,378 1,150,000 151,378 568,850 502,680 66,170 574,407 - 5,557 732,528 647,320 85,208
GC0078 WHATABURGER-ATLANTIC BLVD.1,238,944 1,141,229 97,715 1,229,902 1,132,900 97,002 1,188,944 40,958 - 9,042 8,329 713
IM0158 AIRBUS UTILITY COORIDOR RELOCATION 1,119,696 896,795 222,901 257,058 205,885 51,173 57,818 199,240 - 862,638 690,910 171,728
CU0035 MEADOWGREEN SECT 1 DRAIN IMP 1,117,688 1,050,000 67,688 1,099,818 1,033,213 66,606 1,107,664 - 7,846 17,870 16,788 1,083
GC0108 FAMILY DOLLAR TREE 999,732 913,625 86,107 66,704 60,958 5,746 93,226 - 26,522 933,028 852,667 80,361
PERSONS SERVICES CORP.
22
SCHEDULE OF CONTRACTS IN PROGRESS (CONTINUED)
Year Ended December 31, 2022
TOTAL CONTRACT YEAR TO DATE DECEMBER 31, 2022 MANAGEMENT ESTIMATES
Job Job Name Contract Amount Estimated Cost Gross Profit Revenue to Date Cost to Date
Gross Profit to
Date Billed to Date
Costs and
Estimated
Earnings in
Excess of Billings
Billings in
Excess of Costs
and Est Earnings
Future
Revenues
(Backlog)
Estimated
Direct Cost to
Complete
Future Gross
Profit
GC0106 FAMILY DOLLAR TREE-PEMBROKE 937,745 845,000 92,745 1,251 1,127 124 - 1,251 - 936,494 843,873 92,621
CU0029 LIFT STATION #1 881,092 761,251 119,841 867,851 749,811 118,040 789,052 78,799 - 13,241 11,440 1,801
GC0095 FAMILY DOLLAR TREE - SPENCER, TN 821,545 772,985 48,560 208,561 196,233 12,328 407,639 - 199,078 612,984 576,752 36,232
GC0105 ST. PAUL'S PHASE II 789,516 714,310 75,206 75,611 68,409 7,202 130,987 - 55,376 713,905 645,901 68,004
IG0002 EXXONMOBIL BOP CONCRETE 650,961 393,412 257,549 559,765 338,298 221,467 549,205 10,560 - 91,196 55,115 36,081
IM0081 EGLIN HANGER 68 HYDRONIC PIPIN 625,000 579,600 45,400 625,000 579,600 45,400 567,880 57,120 - - - -
IM0090 USCG HAGER 302 HEF CONTAINMENT 563,325 433,325 130,000 463,426 356,480 106,946 495,060 - 31,634 99,899 76,845 23,054
IM0112 CHART T&M 561,494 417,779 143,716 561,494 417,779 143,715 556,494 5,000 - - - -
GC0109 SHIPLEY'S DONUTS-DULUTH 556,849 507,642 49,207 2,468 2,250 218 - 2,468 - 554,381 505,392 48,989
DM0015 Hurricane Ian Recovery 550,000 485,892 64,108 550,000 485,892 64,108 409,507 140,493 - - - -
GC0090 BSCC LANDSCAPE & HARDSCAPE UP 487,947 436,168 51,779 469,023 419,252 49,771 495,949 - 26,926 18,924 16,916 2,008
IM0151 POND MAINTENANCE - UOP 420,105 339,277 80,828 368,093 297,272 70,821 420,105 - 52,012 52,012 42,005 10,007
IG0006 LYONDELL CHEMICAL CCO LABAND 416,805 327,534 89,271 - - - - - - 416,805 327,534 89,271
GC0096 HOLLYWOOD THEATER DEMO 331,850 180,000 151,850 320,271 173,720 146,551 331,850 - 11,579 11,579 6,280 5,299
SMALL JOBS & SERVICE 2,411,409 1,998,087 413,322 1,614,791 1,286,288 328,503 1,581,899 386,954 354,062 796,617 663,207 133,410
ACTIVE JOBS 181,884,445 158,452,023 23,432,423 101,009,709 86,199,553 14,810,156 94,566,211 10,272,650 3,829,153 80,874,737 72,203,877 8,670,860
Less Amounts Earned in Prior Years 22,533,904 19,558,521 2,975,383
78,475,805 66,641,032 11,834,773
See independent accountants review report.
PERSONS SERVICES CORP.
23
SCHEDULE OF COMPLETED CONTRACTS
Year Ended December 31, 2022
TOTAL CONTRACT BEFORE JANUARY 1, 2022 YEAR TO DATE DECEMBER 31, 2022
Job Job Name Contract Amount Contract Cost Gross Profit Revenue Cost Gross Profit Revenue Cost Gross Profit
D105A SCDRO 2020 12,586,792 11,930,121 656,671 12,543,782 11,928,140 615,642 43,010 1,981 41,029
C122 COH LIFT STATION 10,936,831 11,365,388 (428,557) 7,385,001 6,460,799 924,202 3,551,830 4,904,589 (1,352,759)
DM0007 MODULAR PHYSICIANS OFFICE BUILDING 7,695,612 6,787,339 908,272 2,378,323 2,145,167 233,156 5,317,289 4,642,172 675,116
C128 WHCRWA # 36 4,938,066 4,814,408 123,658 4,846,436 4,718,778 127,658 91,630 95,630 (4,000)
C126 DRINKING WATER SAMPLING STATIO 3,039,941 2,466,419 573,522 2,879,667 2,401,896 477,771 160,274 64,523 95,751
IM0097 USA JOB #21-30A MODULAR CLINIC 3,008,255 2,578,091 430,164 1,024,477 879,246 145,231 1,983,778 1,698,845 284,933
IM0059 2107 AMNS MELT SHOP SITE GRAD 2,785,869 2,006,907 778,963 2,753,759 1,986,484 767,275 32,110 20,423 11,688
GC0049 WHATABURGER-ST JOHNS 2,649,938 2,466,443 183,495 1,502,549 1,391,251 111,298 1,147,389 1,075,192 72,197
CU0013 FM1960 AND ELDERIDGE PKWY 2,480,722 2,255,754 224,968 736,091 635,137 100,954 1,744,631 1,620,617 124,014
DM0012 NAVFAC 2,424,234 1,787,540 636,694 426,301 364,703 61,598 1,997,933 1,422,837 575,096
CU0021 BRANDYWINE OAKS 2,406,172 2,166,648 239,524 1,756,635 1,593,829 162,806 649,537 572,819 76,718
GC0034 WOODIES WASH SHACK-WHITTEN RD 2,242,046 1,967,257 274,789 1,950,887 1,706,325 244,562 291,159 260,932 30,227
GC0041 WHATABURGER-BRANDON MS 2,203,895 2,168,013 35,882 2,044,730 1,872,118 172,612 159,165 295,895 (136,730)
GC0039 WHAT A BURGER HUNTSVILLE 1,956,515 1,849,207 107,308 1,887,742 1,779,449 108,293 68,773 69,758 (985)
GC0029 SPANISH FORT PLAZA SHOPPING CE 1,920,772 1,670,920 249,852 1,912,697 1,663,999 248,698 8,075 6,921 1,154
GC0061 RICH'S CAR WASH-TEXAS CITY 1,911,073 1,746,273 164,800 517,733 464,624 53,109 1,393,340 1,281,649 111,691
GC0040 CENTURY EXPRESS CAR WASH 1,869,018 1,683,534 185,484 1,625,317 1,414,726 210,591 243,701 268,808 (25,107)
GC0021 DR. PARK MEDICAL OFFICE 1,817,744 1,537,849 279,895 1,716,662 1,482,192 234,470 101,082 55,657 45,425
GC0014 CENTURY CAR WASH- GOODMAN ROAD 1,808,902 1,604,885 204,017 1,804,242 1,595,968 208,274 4,660 8,917 (4,257)
GC0030 WOODIES WASH SHACK 1,627,191 1,409,574 217,617 1,649,208 1,393,194 256,014 (22,017) 16,380 (38,397)
GC0062 RICH'S CAR WASH - SEMMES 1,566,194 1,416,437 149,757 292,315 255,742 36,573 1,273,879 1,160,695 113,184
GC0025 SARALAND PAD SHOPS 1,564,572 1,437,856 126,716 1,546,689 1,437,831 108,858 17,883 25 17,858
IM0046 SOUTH DRIVE UTILITIES-PHASE C 1,520,838 1,301,484 219,354 1,520,837 1,303,931 216,906 1 (2,447) 2,448
D109 SUMMERWIND 1,514,971 1,200,382 314,589 1,276,480 1,080,072 196,408 238,491 120,310 118,181
IM0014 FREESTANDING ER SITEWORK 1,505,515 1,039,194 466,321 1,219,306 948,952 270,354 286,209 90,242 195,967
C133 HERITAGE CROSSING 1,434,800 1,764,369 (329,569) 875,019 691,605 183,414 559,781 1,072,764 (512,983)
C132 QUAIL VALLEY NEW WATER MAIN 1,366,404 1,104,481 261,923 1,253,877 1,016,441 237,436 112,527 88,040 24,487
CU0007 WALLY WILKERSON WATERLINE EXTE 1,328,670 1,133,354 195,316 1,328,458 1,131,672 196,786 212 1,682 (1,470)
CU0004 HUNTING BAYOU FEDERAL FLOOD 1,324,192 2,665,837 (1,341,646) 1,256,679 1,215,338 41,341 67,513 1,450,499 (1,382,987)
GC0048 SAINT PAULS SCIENCE LAB REN 1,304,598 1,146,974 157,624 1,142,695 953,104 189,591 161,903 193,870 (31,967)
GC0003 TREC SECOND FLOOR RENOVATIONS 1,234,542 1,149,334 85,209 1,220,238 1,148,240 71,998 14,304 1,094 13,211
CU0031 UPPR- SEADRIFT 1,196,510 973,718 222,792 - - - 1,196,510 973,718 222,792
DM0003 NASP EMERGENCY MITIGATION SVCS 987,613 858,589 129,024 987,613 857,070 130,543 (0) 1,519 (1,519)
CU0001 MANDOLA FARMS OFF-SITE UTILITI 936,581 829,837 106,744 941,781 829,853 111,928 (5,200) (16) (5,184)
CU0016 FREEPORT ICE HOUSE SITE WORK 925,746 810,064 115,682 921,000 776,226 144,774 4,746 33,838 (29,092)
GC0072 DAUPHIN ISLAND WET LAB 905,357 766,366 138,991 92,087 80,388 11,699 813,270 685,978 127,292
GC0075 FAMILY DOLLAR TREE - DYER, TN 881,298 747,991 133,308 - - - 881,298 747,991 133,308
IM0103 USA-#21-30B MODULAR CLINIC INF 844,000 712,518 131,482 15,255 12,743 2,512 828,745 699,775 128,970
GC0080 HOLLON DENTAL OFFICE 817,359 748,216 69,142 - - - 817,359 748,216 69,142
GC0038 FAMILY DOLLAR TREE 813,677 721,743 91,934 632,556 593,583 38,973 181,121 128,160 52,961
IM0087 TANK INSTALL PROJECT 761,000 606,928 154,072 514,735 436,216 78,519 246,265 170,712 75,553
CU0017 ST IVES RV RESORT- PHASE 2 759,556 673,078 86,478 505,195 451,011 54,184 254,361 222,067 32,294
CU0023 CHAMBERS CREEK 733,835 904,780 (170,945) 827,629 826,836 793 (93,794) 77,944 (171,738)
CU0024 EMERALD FOREST UD LS#5 732,055 763,324 (31,270) 53,866 47,052 6,814 678,189 716,272 (38,084)
IM0038 CHART INDUSTRIES T&M 591,535 356,079 235,457 591,535 383,987 207,548 0 (27,908) 27,909
GC0046 4001 RENOVATIONS 462,992 410,673 52,320 462,992 409,943 53,049 0 730 (729)
SMALL JOBS & SERVICE 7,059,720 5,092,519 1,967,201 2,971,293 4,012,827 (1,041,534) 4,088,427 2,257,865 1,830,562
COMPLETED PROJECTS 107,383,716 97,598,692 9,785,024 75,792,369 68,778,688 7,013,681 31,591,347 29,998,178 1,593,170
See independent accountants review report.
24
PERSONS SERVICES CORP.
SCHEDULE OF GROSS PROFIT
For the Year Ended December 31, 2022
Net Revenues
Earned Direct Costs Indirect Costs Gross Profit
78,475,805$ 64,652,482$ 2,756,745$ 11,066,578$
31,591,348 29,046,769 1,238,538 1,306,041
110,067,153$ 93,699,251$ 3,995,283$ 12,372,619$
Contracts in progress
Contracts completed and service work
Year Ended December 31, 2022
25
PERSONS SERVICES CORP.
SCHEDULE OF GENERAL AND ADMINISTRATIVE EXPENSES
For the Year Ended December 31, 2022
Amount
% of
Revenues
Advertising 278,989$ 0.25%
Automobile 342,168 0.31%
Bad debt expense 279,673 0.25%
Bank charges and fees 17,128 0.02%
Cleaning and janitorial 52,409 0.05%
Computer expense 252,446 0.23%
Donations 16,946 0.02%
Dues and subscriptions 91,295 0.08%
Employee training 240,344 0.22%
Insurance 983,898 0.89%
Medical 24,051 0.02%
Office supplies and expenses 172,938 0.16%
Other expense 153,094 0.14%
Pension plan 53,964 0.05%
Professional fees 240,005 0.22%
Rent 324,554 0.29%
Repairs and maintenance 1,240,984 1.13%
Salaries 2,716,726 2.47%
Security and safety 59,655 0.05%
Taxes and licenses 399,668 0.36%
Travel and entertainment 258,606 0.23%
Uniforms 23,415 0.02%
Utilities and telephone 223,121 0.20%
Total general and administrative expenses 8,446,077$ 7.66%
See independent accountants review report.
ITB # 25-01-01
City Annex Building Construction Renovations
Page 60 of 103
Persons Services Corp.
Section 2. Professional Qualifications
Company Overview
Persons Services Corp. (PSC) is headquartered out of Mobile, Alabama with offices
across the Southeast including Fort Lauderdale, FL. Our firm is privately held with
over 45 years of experience in almost all aspects of the construction industry. We
take pride in our role as a premiere project solutions company, offering a
comprehensive range of services. Our status as a privately owned entity allows us
to adapt to each client's and project's unique needs. We provide General and
Specialty Contracting Services with established trade partners and direct-hire
construction services that cover the complete spectrum from engineering, civil,
mechanical, piping, electrical, and instrumentation to start-up assistance in-house.
Our services are designed to deliver the most cost-effective solutions through
proven project delivery systems and a best-in-class workforce. A timeline of PSC’s
growth is illustrated below in Figure 1.1.
Figure 1.1. Persons Services Corp. has experienced continuous growth since its founding, expanding into a fully diversified
construction firm.
ITB # 25-01-01
City Annex Building Construction Renovations
Page 61 of 103
Persons Services Corp.
We have in excess of 150 million dollars in bonding along with an in-house
equipment group with more than 10 million in equipment and assets in support of
our projects. Our unique differentiators include a deep level of expertise, the
'Master Builder' mentality, and a commitment to providing comprehensive project
planning solutions. With unparalleled transparency, exceptional communication, and
a dedication to mastery, we ensure that every construction venture becomes an
empowering and gratifying experience for our clients.
Persons Services Corp. has extensive in-house capabilities to self-perform work
with our current employees which includes owning and operating 100+
trucks/vehicles and 200+ pieces of equipment. We can self-perform the following
scopes:
•Drafting, drawings, renderings, designs, etc.
•Demolition, including debris removal, hauling and disposal.
•Mechanicals (plumbing, mechanical piping)
•Underground utilities (sewer, water, connections, septic tanks, etc.)
•Sitework, including concrete, sidewalks, curbs, drainage, slabs, etc.
•Transportation, logistics, warehousing, and distribution
Our recently completed past performance for other clients includes Airbus USA
($24.7M), the University of South Alabama ($17.7M), Alpha Hall Demolition &
Utility Improvement ($12.7M), Brazosport Water Authority ($11.4M), Alabama
State Parks ($8.7M), and Alabama Community College Systems ($13.8M).
At Persons Services Corp, our proactive safety culture and comprehensive HSE
program underscore a companywide commitment to workplace safety, exceeding
regulatory demands through ongoing training, hazard identification, risk
management, and safety performance improvement via inspections,
communication, and trend analysis.
We mandate continuous safety education for our
workers and trade partners, ensuring they possess
the requisite knowledge and tools for safe work
practices, alongside regular inspections and open
communication channels to preemptively address
opportunities to improve Safety. With an EMR of
.70 and a Total Recordable Incident Rate of .55, we
are well below the industry norm (see Figure 1.2
on the following page).
ITB # 25-01-01
City Annex Building Construction Renovations
Page 62 of 103
Persons Services Corp.
Figure 1.2 Our Experience Modifier Rate (EMR) scores and Total Recordable Incident Rate are proof
positive of our safety mandate – Persons Services Corp. is better than the norm.
We are proud of our continuous growth, reputation, and accomplishments.
Being recognized by Engineering News Record (ENR) and other industry-
leading publications as a top contractor in the US is a testament to our
performance ability. PSC was recognized this year by Inc. 5000 as the 25th
fastest growing company in Alabama.
Figure 1.3. Our commitment to excellence has expanded Persons Services Corp.
into an award- winning General and Specialty Contractor.
ITB # 25-01-01
City Annex Building Construction Renovations
Page 63 of 103
Persons Services Corp.
Qualifications of Our Team
PSC built our key personnel team and organizational structure to inject energy, a
sense of urgency, and drive for continuous improvement into our approach. With a
staff pool of over 300 employees we are able to tackle any project large or small.
Our project team will operate under the oversight of a PSC Project Executive
Samantha Vincenty. Samantha is the Regional General Manager of our Southeast
and Caribbean group and will support the management team with unfettered access
to any corporate resources that Project Manager (PM) Thelma Fay may require to
deliver this project to the City at the highest level of customer satisfaction.
PM Thelma will lead the project team with the administrative support of Project
Coordinator Sharlene Roca and onsite support of Superintendent Kenneth Temple.
Each project at PSC operates with the input, direction, and guidance of our in-house
Safety/Risk Manager Ryan Lohman and QA/QC Manager Nick Curry.
ITB # 25-01-01
City Annex Building Construction Renovations
Page 64 of 103
Persons Services Corp.
Past Relevant Project Experience
Project 1: USA Physicians Office Building
Persons Services Corp. was contracted by the University of South Alabama to build
a 3- Story, 95,000 SF structural steel and concrete medical administrative building.
PSC’s scope included the entire site package, shell package, and all mechanical,
electrical and plumbing, including cast-in-place concrete elevator and stair towers.
Site demo, concrete paving, asphalt, landscaping, fencing, masonry, structural
steel, structural steel erection, EIFS, painting, roofing, caulking, insulation, and
storefront are a few of the trades involved with our teams scope of work. This
project entailed extensive oversight of numerous trades at once to ensure all
scopes were completed properly and to the Owner’s satisfaction.
The PSC team maintained strict adherence to safety protocols, resulting in zero on-
site incidents throughout the construction phase.
Project Name: University of South
Alabama Physicians Office Building
Location: 307 University Blvd. Mobile,
AL 36609
Owner: University of South Alabama
Owner Contact: Trent Davis 251-295-
2581
Architect: Goodwyn Mills Cawood, LLC
Architect Contact: Chris Lunsford 251-
460-4006
Start Date: 08/16/2021
Completion Date: 10/16/2023
Start Budget: $17,590,000
Completion Budget: $17,731,986
Change Order Amount: $141,986 Claims Against Owner: None
Total Square Footage: 95,000 SF
ITB # 25-01-01
City Annex Building Construction Renovations
Page 65 of 103
Persons Services Corp.
Project 2: Bishop State Community College SW Campus
Persons Services Corp. worked tirelessly as the general contractor for 65,000 SF of
renovations across 3 different decades-old buildings on the active Bishop State SW
campus to deliver a state-of-the-art facility for students.
PSC worked closely with the owner and CM through numerous design changes,
aiding the design team in creating ASI’s and making the most cost-effective and
beneficial adjustments for all parties.
Project Name: Bishop State Community
College SW Building 100, 200 & 300
Renovation
Location: 925 Dauphin Island Parkway
Mobile, AL 36605
Owner: Alabama Community College
Systems
Owner Contact: Kenney Holder 251-
405-7172
Architect: Goodwyn Mills Cawood, LLC
Architect Contact: Jim Walker 251-460-
4006
Start Date: 01/09/2024
Completion Date: 09/04/2024
Start Budget: $14,591,535
Completion Budget: $14,591,535
Change Order Amount: Claims Against Owner: N/A
Total Square Footage: 65,000 SF
ITB # 25-01-01
City Annex Building Construction Renovations
Page 66 of 103
Persons Services Corp.
Project 3: Davie Boys and Girls Club Addition
Persons Services Corp. provided an interior renovation and building addition to the
Boys and Girls club facility to convert an existing covered patio and amenities into a
new Multipurpose Teen Center.
The scope of work included the demolition of the existing courtyard that separated
the buildings and the interior walls in both the Teen Center and Children’s Center,
as well as the demolition of floors in various interior areas. This was followed by the
addition of footers, slabs, block walls, joists, and metal decking, along with the
installation of skylights and framing/drywall. New walls were constructed in the
interior areas, and the work included painting, flooring and, the addition of a new
fire sprinkler and fire alarm system. A new air conditioning system was also added.
Project Name: Boys & Girls Club
Addition CDBG
Location: 6901 Orange Drive Davie, FL
33314
Owner: Town of Davie
Owner Contact: Cristina Garcia-
Marquez 954-797-1240
Cgarcia-marquz@davie-fl.gov
Architect: Volkert
Architect Contact: Harold Eubanks
Start Date: 11/01/2023
Completion Date: 10/12/2024
Start Budget: $1,689,442
Completion Budget: $1,689,442
Change Order Amount: $700,000 Claims Against Owner: None
ITB # 25-01-01
City Annex Building Construction Renovations
Page 67 of 103
Persons Services Corp.
Project 4: Airbus Site and Infrastructure
Persons Services Corp. provided building
plumbing, compressed air, hydraulic piping
and site utilities for Airbus Final Assembly
Line Mobile.
PSC has provided the above services for
numerous expansion projects at Airbus
FAL since 2022. These projects include Dual
Bay Assembly Hangar Bays 9 & 10, Dual
Bays 25 & 26, and a Site Utility Corridor
Relocation.
.
Project Name: Airbus Site and
Infrastructure
Location: 320 Airbus Way Mobile, AL
Owner: Airbus USA
Owner Contact: Bob Gunter
bgunter@hoseaweaver.com
Architect: Volkert
Architect Contact: Harold Eubanks
Start Date: 07/07/2023
Completion Date: 12/01/2024
Start Budget: $24,000,000
Completion Budget: $24,000,000
Change Order Amount: $700,000 Claims Against Owner: None
Total Square Footage: 42,000 LF Piping
Location and scope are challenging but should not
ITB # 25-01-01
City Annex Building Construction Renovations
Page 68 of 103
Persons Services Corp.
Project 5: Gulf State Park Lake Shelby Cabins
As the Prime Contractor, Persons Services Corp. constructed 20 new individual
wood framed vacation cabins, 17 standard and 3 ADA accessible, as well as a new
guard shack with a vehicle access control point at the front entrance of the
property. The construction of numerous cabins simultaneously required meticulous
oversight and a wholly dedicated project team.
Scope of Work: Site Demo, Grading and Drainage, Site Utilities, Round and Square
Piles, Masonry, Structural Steel, Wood Framing, Millwork, Insulation, Shingle Roofs,
Stucco, Doors and Hardware, Glass, Impact Windows, Storefront, Flooring, Interior
and Exterior Painting, Signage, Fencing, Mechanical, Electrical, Plumbing, Furniture
and Appliances.
Project Name: Lakeside Cabins at Lake
Shelby
Location: Gulf Shores, Alabama
Owner: State of Alabama Department of
Natural Resources: State Parks Div.
Owner Contact: Dennis Grooms
Dennis.Grooms@dcnr.alabama.gov 334-
604-8288
Architect: Goodwyn Mills Cawood
Architect Contact: Jim Walker 251-460-
4006
Start Date: 09/08/2022
Completion Date: 01/19/2024
Start Budget: $8,785,000
Completion Budget: $8,727,022
Change Order Amount: N/A Claims Against Owner: None
ITB # 25-01-01
City Annex Building Construction Renovations
Page 69 of 103
Persons Services Corp.
Additional Experience with Municipal Clients
Baldwin County Material Recovery
Facility
Scope: $20M Erection and Build Out of
70,000 SF Pre-Engineered Metal Building,
Office Space, and educational areas.
Contact: Terri Graham
251-937-0249
TGraham@baldwincoutyswda.org
Years: 2023 – 2025
Daphne Elementary School North
Scope: $11.4M Contract for educational
building expansion
Contact: Frank Boatwright
251-937-0306
Fboatwright1@bcbe.org
Years: 2024 – 2025
Mobile Aquatics Center
$23M Contract for New Construction of a
40,000 SF aquatic center including indoor
competitive pool, warmup instructional pool,
locker room, restroom and spectating stands.
Contact: Eric M. Linsley
Eric.Linsley@mobilecountyal.gov
251-574-8061
Years: 2024 – 2026
Daphne Justice Center
Scope: $5.7M Building Renovation and
New Addition to existing court building.
Contact: Troy Strunk
tstrunk@daphneal.com
251-620-1705
Years: 2024 – 2025
Rainbow City Recreation Center
Scope: $15.2M 40,600 SF New Construction of
an indoor gym, outdoor swimming pool,
playground, staged seating area and
associated site work.
Contact:
Joel Garmon
jgarmon@rbcalabama.com
256-399-8245
Years: 2024 – 2025
City of Dania Beach, FL
Scope: Renovations to historic Nyberg-
Swanson House and Women’s Club
buildings.
Contact:
Colin Donnelly
cdonnelly@daniabeachfl.gov
954-924-6808 x3618
Years: 2023
Town of Jupiter, FL
Scope: Demolition of old town hall structure
and construction of new green space.
Contact:
Roger Held, Sr. Director Community
Development
rogerh@jupiter.fl.us
772-932-4650
Years: 2024 – 2025
ITB # 25-01-01
City Annex Building Construction Renovations
Page 70 of 103
Persons Services Corp.
Recent, Current, and Projected Workloads
We are steadfast in our commitment to ongoing proactive management to ensure
that we consistently meet and exceed our future commitments and obligations.
Figure 1.5. PSC is continuously growing. Given past and projected growth, we will be readily able to
provide the City of Sunny Isles Beach with highly capable team members and equipment.
A list of PSC’s current and projected workload over the next three years is located
on the following page.
Please note that the current and projected workload list includes the entirety of
PSC’s General Construction workload for the next three years. Projects that involve
one or more members of our proposed project team have been highlighted in
green.
ITB # 25-01-01
City Annex Building Construction Renovations
Page 71 of 103
Persons Services Corp.
Jobs in Progress for Construction (Current - 3 year)
Job Name Contract Value % Comp
Ali Cultural Center 1,239,718.00 20%
Baldwin County Material 19,841,654.01 94%
Beard Equipment Expansion 3,790,143.43 84%
Charles A. Seales Fire Station 5,838,915.00 25%
City of Dania Beach - Nyberg Swanson House 1,194,410.00 100%
City of Jupiter Town Hall 3,046,124.00 70%
Congress Jewelry Restoration 948,925.00 99%
Corrections Modular Facility 555,288.00 99%
Daphne Justice Center 5,702,275.51 18%
Daphne North Elementary 11,406,523.00 11%
Discount Tires D'Iberville 3,304,940.96 13%
Elberta HS Addition 3049720.00 92%
Enterprise SCC-Workforce 13,377,695.95 21%
Gulf Shores Airport Terminal 5,855,503.00 36%
Holsberry Industrial 299,852.00 25%
Kaleo Residence Building 20,579,774.00 65%
Mayer Electric 1,094,909.00 51%
Mobile Aquatics Center 23,151,607.00 11%
Robertsdale HS Addition 5,099,350.00 68%
USA Marching Band Building 8,622,105.95 4%
Whataburger-Daphne 3,081,294.00 14%
ITB # 25-01-01
City Annex Building Construction Renovations
Page 72 of 103
Persons Services Corp.
Section 3. Staffing
Proposed Construction Management Team
Equipped with a proven and collaborative approach to the unique needs of
institutional construction, PSC stands ready to deliver exceptional new facility,
renovation, system replacement, repairs and improvements to the City of Sunny
Isles. PSC built our key personnel team and organizational structure to inject
energy, a sense of urgency, and drive for continuous improvement into our
approach.
Our project team will operate under the oversight of a PSC Project Executive
Samantha Vincenty. Samantha is the Regional General Manager of our Southeast
and Caribbean group and will support the management team with unfettered
access to any corporate resources that Project Manager (PM) Thelma Fay may
require to deliver this project to the District at the highest level of customer
satisfaction. Pre-Construction activities will be managed by Jason Ottilige, who
will also act as Senior Scheduler, alongside Senior Estimator Erik Staats.
PM Thelma will lead the project team with the ODP administration support of
Project Coordinator Sharlene Roca and onsite support of Superintendent Kenneth
Temple. Each project at PSC operates with the input, direction, and guidance of
our in-house Safety/Risk Manager Ryan Lohman and QA/QC Manager Nick Curry.
An Organizational Chart depicting lines of authority and resumes for our
key team members are located at the end of this section.
Brief summaries of our team’s approach to Preconstruction and Construction
activities follow.
ITB # 25-01-01
City Annex Building Construction Renovations
Page 73 of 103
Persons Services Corp.
Organizational Chart
\
SAMANTHA VINCENTY
PROJECT EXECUTIVE
Ms. Vincenty has more than 20 years of management experience in the
construction industry. She is a talented team lead, providing operations,
estimating, scheduling, team building, and management support to complex
projects with rigorous deadlines. As Regional General Manager for the PSC
Southeast and US Virgin Islands Group, Ms. Vincenty coordinates and works
to achieve PSC objectives and implement new policies across the region. She
is based out of PSCs Fort Lauderdale, FL office.
KEY PROJECT EXPERIENCE (Outside of Persons Services Corp.)
x MDC Doral Campus
Scope: Complete renovation and remodel of the existing MDC Doral
Campus while classes remained in session. Existing spaces were
renovated and remodeled to include new classrooms, laboratories,
research laboratories, student testing centers, student services areas,
meeting rooms, faculty offices, bursar offices, storage spaces, student
lounges and circulation space. The work took place at an active
occupied campus in Phases to allow the students and faculty to
continuously occupy all surrounding spaces and rooms above and
below floors which were being renovated. Complete new MEP/FS & FA
systems were installed to allow for the new build-out complete with
new roofing and structural modifications to the existing building.
x Colony West Tamarac Clubhouse, Cart Barn & Fairfield Inn
Scope: Demolition of the existing clubhouse and cart barn to allow for
phased construction of a new 5 story 65k square foot hotel, 6800 sf
clubhouse and cart barn with a complete site remodel. The project
included a full banquet hall and full service restaurant including (2)
commercial kitchens, meeting rooms, a Pro Shop and indoor/outdoor
seating. Work was completed while the golf course remained in
business through the use of temporary buildings and coordinated
fencing to accommodate a path for golfers and allow business to occur
while construction was in process.
x Love Street Project
Scope: This project included was a 4 acre site development project
which included two waterfront restaurants, a small cafe, office space,
and retail. Complete site development and coordination with existing
homeowners that were impacted by underground utility work thatwas
required in front of their driveways and homes. The completed
project included surface parking for more than 200 cars.
EXPERTISE
Project Management
Team Development
Operations Oversight
ODP Procedures
Contract Negotiation
Lean Construction
Processes
Risk Assessment &
Management
Resource Optimization
Time and Task
Management
Forecasting
Scheduling
EDUCATION
MBA in Healthcare
Management
-----
Western Governor’s
University
BA in Communications
-----
City University of New
York
CERTIFICATIONS
LEED Accredited
OSHPD & AHCA
ADDITIONAL RELEVANT EXPERIENCE
Marker Construction
Vice President: Reviewed the operational, financial and technical aspects of all projects with
estimating and project management teams; negotiated contracts with clients; coordinated staffing;
tracked and managed potential risks as they related to projects and the company; updated and
implemented new and modified company policies.
Pirtle Construction
Senior Project Manager: Profitably managed all administrative and technical aspects of the
project; supervised all activities related to procurement, scheduling, change order management,
contract administration, submittals, and constructability analyses; managed communications with
the owner, architect, designer and other project team members; identified high risk prime contract
provisions and implemented project specific practices to mitigate risk.
THELMA FAY
PROJECT MANAGER
Ms. Fay has 20 years of experience in the construction industry. She is a
proactive problem-solver with keen business instincts and constant bottom-
line focus. As a Project Manager for PSC’s Southeast/Caribbean division, Ms.
Fay delivers multi-million-dollar commercial projects from conception to
completion on time and on budget. She is based out of PSC’s FortLauderdale,
FL office.
PERSONS SERVICES CORPORATION
x Town Hall – Phase 2
Project Manager: The Town of Jupiter awarded PSC the contract for
the demolition and site improvements phase of the construction of a
new town hall. Ms. Fay executes and maintains the construction
management processes.
&RQWUDFW9DOXH
Boys and Girls Club Addition
Project Manager: The Town of Davie awarded PSC the contract for
an addition to and an interior renovation of a portion of the Boys and
Girls Club facility. Ms. Fay executes and maintains the construction
management processes, including scheduling, project planning and
coordination, cost, procurement, quality control, and vendor
management.
&RQWUDFW9DOXH
Nyberg-Swanson House Historic Restoration
Project Manager: The City of Dania Beach awarded PSC the contract
for the historic restoration of the circa 1913 Nyberg-Swanson Houseto
its early 20th century appearance. Ms. Fay executes and maintains the
construction management processes.
&RQWUDFW9DOXH
KEY PROJECT EXPERIENCE ( Outside of Persons Services Corp.)
Colony West Tamarac Clubhouse, Cart Barn & Fairfield Inn
Scope: Demolition of the existing clubhouse and cart barn to allow for
phased construction of a new 5 story 65k square foot hotel, 6800 sf
clubhouse and cart barn with a complete site remodel. The project
included a full banquet hall and full service restaurant including (2)
commercial kitchens, meeting rooms, a Pro Shop and indoor/outdoor
seating. Work was completed while the golf course remained in
business through the use of temporary buildings and coordinated
fencing to accommodate a path for golfers and allow business to occur
while construction was in process.
EXPERTISE
Task and Time
Management
Institutional Construction
Project Tracking
Cost Analysis
Resource Maximization
Purchase and Task
Orders
CMiC
Procore
Bluebeam
Microsoft Project
EDUCATION
B.A. in Economics and
Social Policy
-----
University College Dublin
KEY RESPONSIBILITY
Tracking the entire project
relating to costs, trade
partners, schedules and
defined KPI reporting, and
market and supply
conditions as they evolve.
Love Street Project
Scope: This project included was a 4 acre site development project which included two waterfront
restaurants, a small cafe, office space, and retail. Complete site development and coordinationwith
existing homeowners that were impacted by underground utility work that was required in front of
their driveways and homes. The completed project included surface parking for more than 200
cars.
ADDITIONAL RELEVANT EXPERIENCE
Marker Construction Group
Project Manager: From 2018 to 2024, executed and maintained construction management
processes in the areas of scheduling, project planning and coordination, cost, procurement, quality
control and vendor management to deliver commercial projects to clients on time and on budget.
Managed any and all changes to project scope, schedule and budget.
\
BILLY MARTIN JR.
GENERAL SUPERINTENDENT
Mr. Martin has more than 30 years of experience in the construction
industry. His diverse portfolio of successful commercial and industrial
projects includes Medical Facilities, Detention Centers, Multi-Use Retail
Construction, Aviation, New School Facilities, Multi-Family, Hospitality,
Office Complexes, Manufacturing Facilities, Water/Wastewater, and Petro
Chemical & Plastic among others.
Solution-oriented, Mr. Martin is highly experienced site logistics, job site
quality, labor relations and customer management.
KEY PROJECT EXPERIENCE
Cypress-Fairbanks Independent School District
Role: General Superintendent
Scope: $90M, 592,000 SF New Education Complex including a 2-
Story school, stadium, football field, baseball fields and tennis
courts.
Blue Cross Blue Shield Corporate Headquarters
Role: General Superintendent
Scope: $700M, 1,050,000 SF Headquarters Campus including 15-
Story and 7-Story Office Towers with 3,600-Car Parking Structure
in Richardson, Texas
Southwestern Institute of Forensic Sciences
Role: Senior Superintendent
Scope: $35M, 138,395 SF New Scientific/Medical Construction
including a medical examiner’s office, county crime lab and
morgue, ballistics-testing, trace, forensic, biology, toxicology and
DNA extraction labs, administrative offices and conference spacein
Dallas, Texas
DFW International Airport Expansion Terminal D and
Existing Terminal Renovations
Role: Senior Superintendent
Scope: $200M, 2.1M SF New Construction and Renovations in
Dallas, Texas
EXPERTISE
Institutional Facility
Construction
Site Safety
OSHA Compliance
Labor Force
Coordination
Planning and Scheduling
Budget Administration
Site Logistics
Field Management
CERTIFICATIONS
AGC Certification
Quoin Stormwater
Management
McCarthy Building
Management and
Leadership
OSHA 30-Hour
Construction Education
Foundation Inc. 30-Hour
Safety Training
OSHA 1926 Review
Training, Project
Accident Investigation
Certified Lead Testing
and Abatement
Crane and Rigging
Safety
Confined Space Training
MSHA Safety Training
OSHA 10-Hour
KENNETHTEMPLE
SUPERINTENDENT
Mr. Temple has more than 30 years of experience as a superintendent,
construction manager and general contractor. He is a results-oriented, hands-
on construction professional with vast experience in the commercial and
residential industries. Within PSC’s Southeast/Caribbean division, Mr. Temple
concurrently directs projects to successful completion. He is based out of
PSC’s Fort Lauderdale, FL office.
PERSONS SERVICESCORPORATION
Nyberg-Swanson House Historic Restoration
Superintendent: The City of Dania Beach awarded PSC the contract
for the historic restoration of the circa 1913 Nyberg-Swanson House to
its early 20th century appearance. As Superintendent, Mr. Temple is
responsible for the daily operations of the jobsite, including
coordinating and scheduling onsite production for subcontractors,
keeping updated 2-week look ahead schedules, and conducting weekly
safety meetings among other duties.
&RQWUDFW9DOXH
ADDITIONAL RELEVANT EXPERIENCE
Magnum Construction Services, Inc.
Project Manager/Superintendent: Served as the onsite project
manager/superintendent for a specialty contracting company
specializing in ground up shell construction. Responsibilities included
working closely with team members, subcontractors and MEP’s to
ensure projects/phases were completed on schedule, within budget
and in accordance with Florda Building Code. Performed various
supervisory, daily jobsite activities.
Power Home Remodeling
Project Manager: Served as a project manager for nine years,
managing thousands of residential projects in Brooklyn, Queens,
Nassau and Suffolk Counties, NY. Scheduled site visits with
homeowners prior to installations to assess site and project
conditions. Provided detailed photo reports to assist installation crews
with commencement. Managed materials procurement for each
project. Trained and mentored numerous new employees as the
company grew.
EXPERTISE
x Site Management
x Site Safety/OSHA
Compliance
x Subcontractor
Supervision
x Ground-Up Construction
x Interior Buildout
x Records Maintenance
x Cost Analysis
x Client Communication
x Purchase Orders
x Supply Chain
Management
CERTIFICATIONS
x OSHA 30 #36-
602042705
x Forklift Extended Reach
Safety Training
x AAMA-Certified Window
Installer #70004256
KEY RESPONSIBILITY
Overseeing daily site
operations, including
scheduling work to be
performed, managing
subcontractors/trades,
ensuring work quality and
championing safety.
\
SHARLENE ROCA
PROJECT COORDINATOR
Ms. Roca has more than a decade of experience in project controls and
coordination in South Florida. An expert in multitasking and problem-solving,
she has a proven track record of streamlining management processes. Ms.
Roca is an integral part of ensuring all construction projects for PSC’s
Southeast and Caribbean group run smoothly and efficiently. She is basedout
of PSC’s Fort Lauderdale, FL office.
PERSONS SERVICES CORPORATION
x Project Coordinator
Scope: Works closely with Project Managers to ensure the efficient
operation of all construction projects. Provides administrativesupport
to PMs and field personnel throughout each project’s lifecycle.
Facilitates communications, coordinates documentation, andensures
compliance with project requirements and industry standards.
Maintains accurate and organized project documentation, including
contracts, change orders, submittals, RFIs, and meeting minutes.
Assists in the coordination of subcontractor activities, including
processing subcontracts, change orders, and payment requisitions.
Assists with procurement activities, coordinates with PMs on project
start activities, and assists field operations on job site set up needs
among other duties.
ADDITIONAL RELEVANT EXPERIENCE
x Marker Construction
Director of Project Controls: Worked closely with the project
manager to oversee and multitask projects from inception to
completion. Processed, organized, and maintained project documents
including contracts, sub change orders, and owner change orders.
Complied monthly payment requisitions for PM’s review.
x Pirtle Construction
Project Coordinator: Assisted Project Manager in completion of
Healthcare projects at Broward Health Coral Springs, Broward Health
North, Broward Health Medical Center and Jackson Memorial Health.
Liaised with subcontractors in relation to their contracts, submittals
and pay requisitions. Maintained accurate and up-to-date
documentation.
EXPERTISE
Owner Direct Purchases
ODP
Administration/Tracking
Project Scheduling and
Tracking
Risk Management
Quality Control
Documentation and
Reporting
Contracts and
Procurement
Procore
CMiC
Bluebeam
EDUCATION
Certificate in Computer
Operations
-----
Miami Dade Community
College
KEY RESPONSIBILITY
Supporting Project Managers
by overseeing administrative
tasks, client communication,
project documentation, and
resource availability for the
project team.
\
NICK CURRY
QA/QC DIRECTOR
Mr. Curry manages and implements all safety & quality policies and
procedures. He served as a Platoon Sergeant in the United States Marine
Corps and has vast experience in project management. Mr. Curry’s
solutions-oriented mindset enables him to effectively resolve complex
problems and deliver operational excellence. He is based out of PSC’s
Mobile, AL headquarters.
PERSONS SERVICES CORPORATION
Safety and Quality Control Director
Scope: Develops, implements, and enforces comprehensive safety
policies, procedures and programs consistent with industry
standards, regulatory requirements and best practices. Conducts
comprehensive risk assessments. Ensures the safety and wellbeing
of 250+ employees.
ADDITIONAL SAFETY AND QUALITY CONTROL EXPERIENCE
Rotolo Consultants, Inc.
Senior Project Manager: Managed the construction of a 1 million
gallon fresh and saltwater aquarium featuring 12 exhibits located
on 6 acres on the Mississippi Gulf Coast.
Landis Construction Company
Assistant Project Manager: Assisted in the management of the
complete renovation to a historic Regional Transportation Authority
building. The facility consisted of a general repair shop, heavy
repair shop, and body shop with industrial paint booths, sheet
metal, and machine shop. All shops were renovated with MEP
upgrade, finishes, polyurethan concrete flooring system, and new
building envelope.
Industrial Construction
Safety Manager: New Construction within an active gas, oil, and
fertilizer plant located in Coffeyville, KS of a blowout preventer, a
hydrogen unit, and water treatment unit. This project included all
civil/foundation work, structural steel, equipment, process piping,
upgrades, polyurethane concrete flooring system, and newbuilding
envelope.
EXPERTISE
HSE Management
Risk Assessment
OSHA Compliance
Incident Investigation
Safety Management
System Development
Hazard Identification
Trend Analysis
Policy Orientation
Commercial Aquatics
EDUCATION
B.S. in Construction
Management
-----
Utah Valley University
CERTIFICATIONS
OSHA 30 & Construction
OSHA Trainer
Primavera P6
Construction Scheduler
- Advanced
HAZWOPER
Taproot Incident
Investigation
\
RYAN LOHMAN
SAFETY & RISK MANAGER
As Safety & Risk Manager, Mr. Lohman is critical to developing,
maintaining, and overseeing the entire occupational safety program at
Persons Services Corp. He is an accomplished leader and decorated
military veteran, with extensive experience in operational management
and risk prevention, having served as a counterintelligence officer for the
U.S. Marine Corps and a special agent for the Federal Bureau of
Investigations. He is based out of PSC’s Mobile, ALheadquarters
PERSONS SERVICES CORPORATION
x Health, Safety & Environment Manager
Scope: Implemented and manages the PSC Health, Safety and
Environmental (HSE) Program at over 20 commercial construction
sites in six states. Conducts monthly safety inspections at all jobs
and ensures all projects are compliant with the PSC HSE Manual
and OSHA regulations. Developed a curriculum and implemented
a Training Program to ensure PSC employees are adequately
equipped to safely perform their duties in the field.
ADDITIONAL SAFETY EXPERIENCE
x United States Marine Corps – Major
Officer in Charge & Counterintelligence Officer: Provided
executive-level guidance to shape policy for up to 10,000
personnel in international environments and served implemented
best practices to prevent threats from malign state sponsored and
criminal threats. Conducted threat and counterintelligence
vulnerability assessments at naval and civilian ports, hospitals,
airfields, training areas, and facilities to inform exercise forces of
threats and to minimize risks. Identified vulnerabilities and
intelligence requirements to develop recommendations. Evaluated
outcomes against goals and objectives to shape future policy.
x Federal Bureau of Investigations – Special Agent
South Florida Violent Crime and Fugitive Task Force:
Investigated violations of federal criminal law to included bank
robberies, Hobbs Act robberies, kidnappings, murders for hire,
high profile extortions, crimes in international waters, crimes on
Indian Reservations and fugitive investigations. Received an
Outstanding Law Enforcement Officer Award from the U.S.
Attorney’s Office.
EXPERTISE
Risk Assessment
Crisis Management
Project Management
Strategic Planning
Organizational
Restructuring
EDUCATION
x Bachelor’s in
Administration of
Justice/Political Science
-----
University of Southern
Mississippi (2008)
x Associate’s in
Criminology
-----
Chaminade University of
Honolulu (2005)
CERTIFICATIONS
OSHA 30HR for the
Construction Industry
x FBI Special Agent –
1811
Dept. of Defense
Interrogator
Data Transfer Agent
Category II Military
Source Operations
Anti-Terrorism/Force
Protection Level II
Officer
Naval Security Manager
ITB # 25-01-01
City Annex Building Construction Renovations
Page 83 of 103
Persons Services Corp.
Section 4. Approach / Methodology
A guiding principle of our approach to preconstruction is effective team
coordination. This will be achieved through project meetings, teams meetings
including key subcontractors when needed and a collaborative data sharing site
including site visits and kick off meetings to discuss site specific questions, safety
and submittals prior to the start of construction.
Collaboration and Data Sharing. A collaborative data site (Procore) will be used
to support data collection, information management, and scope compliance. The
use of Sharepoint, Procore, as our collaboration sites will offer numerous benefits,
particularly to end users and team members involved in design and construction.
These benefits will significantly enhance team productivity, data management, and
project outcomes by fostering a more connected and efficient working environment.
Pricing and Scheduling. PSC prepares a Critical Path Method (CPM) baseline
schedule that is updated monthly and reflects each key project milestone to support
project reviews. Project durations will be bought out with subcontractors during the
bidding and subcontracting stages to make sure required staff are included and
maintained during construction due to the expedited timeline.
Laydown areas and storage will be kept to a minimum due to the available space,
so our team will utilize just in time deliveries and hoisting activities, will be
coordinated to maximize installation of materials and utilize the equipment to
minimize mobilizations needed. We will work with the City to coordinate submittals
and procurement of long lead items so they are available when needed and to
prevent any delays due to equipment or materials.
ITB # 25-01-01
City Annex Building Construction Renovations
Page 84 of 103
Persons Services Corp.
MOT plan
ITB # 25-01-01
City Annex Building Construction Renovations
Page 85 of 103
Persons Services Corp.
Section 5. Corporate Standing and Authorized Signatory
ITB # 25-01-01
City Annex Building Construction Renovations
Page 86 of 103
Persons Services Corp.
Section 6. Litigation History
Persons Services Corp. has never been involved in any litigation regarding our
project owners.
Location and scope are challenging
ITB # 25-01-01
City Annex Building Construction Renovations
Page 87 of 103
Persons Services Corp.
Section 7. Forms and Attachments
Please see attached required forms and attachments:
•Qualification Request
•Attached GC Jobs in Progress
•Invitation to Bid
•Acknowledgement of Addenda
•Bid Submittal Form
•Non-Collusion Affidavit
•Public Entity Crimes
•Equal Opportunity Statement
•Conflict of Interest Statement
•Dispute Disclosure Form
•Anti-kickback Affidavit
•Anti-boycott certification
•Bid Bond
•E-Verify Affidavit
•Affidavit Anti-Human Trafficking
29
ITB 25-01-01 CITY ANNEX BUILDING CONSTRUCTION RENOVATIONS
CITY OF SUNNY ISLES BEACH
18070 Collins Ave. | Sunny Isles Beach, FL 33160
305.792.1707 | sibfl.net | Purchasing@sibfl.net
QUALIFICATION REQUEST
INCLUDE WITH YOUR BID
Contractor must list projects of similar project scope fulfilling the following qualification requests:
1. List Project Management Personnel. Personnel cannot be changed without written approval.
Project Manager
2. How many years has your organization been in business as a Contractor?
3. List current workload.
4. Is the bidder subcontracting any part of this work? If so, give details to major key subcontractor’s
name, address, phone number and type of work to be performed. Also, indicate the percentage of
the total work to be performed by the subcontractor.
5. The business is a (sole proprietorship) (partnership) (corporation) and name of owner:
44
(see attached 01)
Corporation | Paul Persons Jr.
Thelma Fay
Yes
Demcon Group, LLC | 4671 NW 103 Ave, Sunrise, FL 33351 | 954-922-8697 | Demolition
Nova Design Builders | 2801 NW 74 Ave T#201, Miami, FL 33122 | 786-498-1714 | Concrete
TSI Commercial Floor Covering Inc | 6451 NW 102 Ave ste 2, Doral, FL 33178 | 305-463-1268 | Flooring
Royal Plumbing Corp | 3525 NW 79 St, Miami, FL 33147 | 305-694-1964 | Plumbing
Specialties Direct Inc | 4113 NW 124 Ave, Coral Springs, FL 33065 | 917-376-9624 | Specialties
Valrose | 1730 SW 30 Avenue, Hallandale Beach, FL 33009 | 305-893-5553 | Awnings
30
ITB 25-01-01 CITY ANNEX BUILDING CONSTRUCTION RENOVATIONS
CITY OF SUNNY ISLES BEACH
18070 Collins Ave. | Sunny Isles Beach, FL 33160
305.792.1707 | sibfl.net | Purchasing@sibfl.net
6. Has your company ever been debarred or terminated for default on a government contract?
7. Identify your debris disposal plan.
8. Bidder must list any exceptions taken to the terms and condition in this ITB.
9. Discuss what strategies the submitter will utilize to keep this project on schedule, considering
long lead-times on fabrication.
10. Discuss strategies the submitter will implement to ensure the project is kept on budget.
No
Coordinate through grapple services - through city approved waste management company
City of Pompano Beach.
All costs tracked through Procore.
Bid leveling sheets & detailed scope sheets, early procurement & critical path schedule.
Recommending 2 part NTP: 1. For submittals to be processed & procurement of materials -
based on leadtimes, actual mobilization to the site part of NTP. 2. We are doing this currently with
31
ITB 25-01-01 CITY ANNEX BUILDING CONSTRUCTION RENOVATIONS
CITY OF SUNNY ISLES BEACH
18070 Collins Ave. | Sunny Isles Beach, FL 33160
305.792.1707 | sibfl.net | Purchasing@sibfl.net
12. Have you personally inspected the plans and location, are there any concerns that may impede
your performance on this project?
13. Describe the submitter’s attributes, which make the submitter best-suited for this project.
END OF SECTION
Yes.
but self perform scopes of work as needed. We are nimble & proactive
We have been in business for 47 years w/o a bond claim & we have capabilities to not only manage
Location and scope are challenging but should not affect performance as project will be scheduled
and managed properly.
Project Contract % Balance Comp
Job Job Name Owner Architect Manager Date Contract Amount Comp to Comp.Date
GC0112 JV- Union Hill School Morgan Co Board of Educa.McKee & Associates C. Pelletier 12/14/22 4,161,600.00$ 88%$619,059.59 03/30/25
Decatur, AL 235 Hwy 67-S Decatur, AL 631 S Hull St., Montgomery
GC0133 Baldwin County Material Baldwin County Commission Labella Associates L. Cooke 09/30/23 19,841,654.01$ 94%$1,601,363.41 01/31/25
14716 CR-49 Summerdale, AL 322 Courthouse,Bay Minette, AL 1 Timber Way Suite 103,Daphne, AL
GC0137 Beard Equipment Expansion Beard Equipment PSE Desings, Inc C. Elder 01/12/24 3,790,143.43$ 84%$764,030.92 01/31/25
2480 E-I-65 Mobile, AL 2480 E-I-65 Mobile, AL 1000 Hillcrest, Mobile, AL
GC0139 Holsberry Industrial Shellco Bowles & Cordes, LLC C. Mayhill 09/05/24 299,852.00$ 25%$226,189.00 05/09/25
9301 Holsberry Rd, Pensacola, FL 8500 Fowler Ave,Pensacola, FL 7416 Camale Dr. Pensacola, FL
GC0140 Kaleo Residence Building Kaleo Home Base LLC Dalrymple/Sallis Architecture L. Cooke 12/11/23 20,579,774.00$ 65%$7,965,394.14 05/09/25
15229 Mem. Cir.,Panama City, FL Po Box 567 Conway, AR 503 E Gov. St, Pensacola, FL
GC0141 Mayer Electric Persons Development Element 3 Engineering C. Pelletier 03/01/24 1,094,909.00$ 51%$397,350.00 12/20/24
4315 Halls Mill Rd, Mobile, AL 4474 Halls Mill Rd, Mobile AL 3938 Gov Blvd., Mobile, AL
GC0143 Elberta HS Addition Baldwin County Schools McKee & Associates C. Mayhall 01/05/24 3,049,720.00$ 92%$312,790.20 12/11/24
13355 Main St.,Elberta, AL 2600 Hand Ave, Bay Minnette AL 631 S Hull St., Montgomery
GC0144 Robertsdale HS Addition Baldwin County Schools McKee & Associates C. Pelletier 02/09/24 5,099,350.00$ 68%$1,640,046.50 03/30/25
21630 HWY 59 ,Robertsdale, AL 2600 Hand Ave, Bay Minnette AL 631 S Hull St., Montgomery
GC0151 Enterprise SCC-Workforce Alabama Community College Goodywn Mills Caywood, LLC L. Cooke 05/10/24 13,377,695.95$ 21%$10,579,825.96 08/08/25
600 Plaza Dr, Enterprise AL PO Box 1300 Enterprise AL 36331 11 N Water St-15250,Mobile, AL
GC0152 Daphne Justice Center City of Daphne Walcott Adams Verneuille C. Pelletier 06/18/24 5,702,275.51$ 18%$4,723,972.16 09/08/25
1502 US Hwy 98 Daphne36526 1705 Main St Daphne AL 36526 One S School Fairhope,AL 36532
GC0153 Gulf Shores Airport Terminal Airport Auth of Gulf Shores Barge Design Solutions T. Shields 07/17/24 5,855,503.00$ 36%$3,873,816.46 06/20/25
31900 Airport Gulf Shores AL 1155 Commerce GS 36542 2047 W Main St Dothan, AL 36542
GC0154 Daphne North Elementary Baldwin County Schools Lathan Associates Arch PC B. Harris 07/23/24 11,406,523.00$ 11%$10,099,211.72 10/25/25
2307 Main St Daphne AL 36526 2600 Hand Ave, Bay Minnette AL 300 Chase Park S Hoover, AL 36507
GC0156 JV-Rainbow City Rec Center City of Rainbow City 09/01/24 7,605,287.00$ 12%$6,731,117.32 10/25/25
4412 Rainbow Dr RC AL35906
GC0158 Whataburger-Daphne Cinco Aguilas Develop.Castles Design Group T. Shields 09/27/24 3,081,294.00$ 14%$2,631,180.38 04/05/25
7280 Lavender Land Daphne 300 Concord Plz San Antonio, TX 3801 Kirby-S-600-Houston,TX
GC0160 Mobile Aquatics Center Mobile Counity Commision Williamsn Blackstock Arch B. Harris 09/06/24 23,151,607.00$ 11%$20,736,064.80 04/07/26
3725 Halls Mill Rd Mobile AL 205 Gover.St Mobile, AL 36644 2204 1st AS Birmingham AL 35233
GC0162 Discount Tires D'Iberville Halle Properties LLC Plump Engineering, Arch.T. Robinson 10/05/24 3,304,940.96$ 13%$2,896,780.15 05/07/25
4034 Promenade Pkwy MS 20225 N Scottdale AZ 85255 914 E. Katella Ave, Anaheim CA
GC0163 USA Marching Band Building University of South Alabama Stacy Norman Architects, LLC L. Cooke 10/10/24 8,622,105.95$ 4%$8,270,803.95 01/04/26
307 Univer. Mobile AL 36688 307 Univer. Mobile AL 36688 126 Tichenor Auburn AL 36830
VI2301 USVI- Corrections Modular Govern. Of Virgin Islands Division of Engineering C. Elder 10/01/23 555,288.00$ 85%$83,293.20 01/23/25
RR 1 Box 9955,Kinghili, VI 8201 Dub Base, St.Thomas VI 6002 Est Anna, Christian. VI
VI2302 USVI- Fire Station Project Virgin Island Fire Services Jaredian Design Group C. Elder 11/20/23 5,838,915.00$ 20%$4,671,132.00 10/31/25
331 Con Grove, St Croix,VI 3019 Orange Grove,St.Croix VI #33 Drongigens St.Thomas VI
FL2401 Nyberg-Swanson House City of Dania Beach, FL Bender & Associates Architects T. Fay 08/05/24 1,194,410.28$ 70%$358,323.08 02/05/25
102 West Dania Beach Blvd, Dania, FL 33004 100 West Dania Beach Blvd, Dania, FL 410 Angela St, Key West, FL 33040
FL2402 Town Hall - Phase II Town of Jupiter Song & Associates, Inc T. Fay 08/19/24 3,046,124.00$ 40%$1,827,674.40 02/12/25
210 Military Trail, Jupiter, FL 33458 210 Military Trail, Jupiter, FL 33458 1545 Centrepark Dr North, W Palm B
FL2403 Ali Cultural Center City of Pompano Beach DK Architects/Planners, Inc T. Fay 01/13/25 1,239,718.00$ 0%$1,239,718.00 08/27/25
353 Hammondville Rd, Pompano Beach, FL 33061 P.O. Drawer 1300, Pompano, FL 911 E Atlantic Ave, Pompano, FL
TOTALS $151,898,690.09 40.00%$92,249,137.34
Jobs in Progress for Construction -11/30/2024 Attached 01
33
ITB 25-01-01 CITY ANNEX BUILDING CONSTRUCTION RENOVATIONS
CITY OF SUNNY ISLES BEACH
18070 Collins Ave. | Sunny Isles Beach, FL 33160
305.792.1707 | sibfl.net | Purchasing@sibfl.net
EE LECTRONICALLY SUBMIT TO:
DemandStar.com
INVITATION TO BID
SECTION 5
BID SUBMITTAL FORMS OPENING: 11:00 A.M.
FEBRUARY 27, 2025
PLEASE QUOTE PRICES FURNISHED & INSTALLED, LESS TAXES, PROVIDED TO
CITY OF SUNNY ISLES BEACH, FLORIDA
NOTE: City of Sunny Isles Beach is exempt from all taxes (Federal, State, and Local). Bid price should be
less all taxes. Tax Exemption Certificate furnished upon request.
Issued by: Purchasing Manager:
Genesis Cuevas
Date Issued:
January 24, 2025
This ITB Submittal Consists of
this ITB, Attachments and
Exhibits
Sealed bids are subject to the Terms and Conditions of this INVITATION TO BID and the accompanying
Bid Submittal. Such other contract provisions, specifications, drawings or other data as are attached or
incorporated by reference in the Bid Submittal received electronically until the above stated time and date,
and at that time, publicly opened for furnishing the supplies or services described in the accompanying Bid
Submittal Requirement.
ITB 25-01-01
CITY ANNEX BUILDING CONSTRUCTION RENOVATION PROJECT
A bid bond in the amount of 5% of the total amount of the bid will be required with your bid.
A Performance Bond in the amount of 100% of the total amount of the bid will be required upon execution
of the contract by the successful firm and City of Sunny Isles Beach
Bidder Name:
_________________________________________ Persons Services Corp
34
ITB 25-01-01 CITY ANNEX BUILDING CONSTRUCTION RENOVATIONS
CITY OF SUNNY ISLES BEACH
18070 Collins Ave. | Sunny Isles Beach, FL 33160
305.792.1707 | sibfl.net | Purchasing@sibfl.net
SECTION 6
BID SUBMITTAL FOR:
ACKNOWLEDGEMENT OF ADDENDA
INSTRUCTIONS: COMPLETE PART I OR PART II, WHICHEVER APPLIES
PART I:
LIST BELOW ARE THE DATES OF ISSUE FOR EACH ADDENDUM RECEIVED IN CONNECTION
WITH THIS BID
Addendum #1, Dated
Addendum #2, Dated
Addendum #3, Dated
Addendum #4, Dated
Addendum #5, Dated
Addendum #6, Dated
Addendum #7, Dated
Addendum #8, Dated
PART II: NO ADDENDUM WAS RECEIVED IN CONNECTION WITH THIS BID
FIRM NAME:
AUTHORIZED SIGNATURE: DATE:
TITLE OF OFFICER:
Persons Services Corp.
Regional General Manager
February 18, 2025
February 20, 2025
February 19, 2025
February 21, 2025
February 27, 2025
February 28, 2025
February 28, 2025
March 5, 2025
35
ITB 25-01-01 CITY ANNEX BUILDING CONSTRUCTION RENOVATIONS
CITY OF SUNNY ISLES BEACH
18070 Collins Ave. | Sunny Isles Beach, FL 33160
305.792.1707 | sibfl.net | Purchasing@sibfl.net
BID SUBMITTAL FORM
Bid Title: CITY ANNEX BUILDING CONSTRUCTION RENOVATIONS
The undersigned Bidder proposes and agrees, if this Bid is accepted, to enter into an agreement with The
City of Sunny Isles Beach to perform and furnish all Work as specified or indicated in the Contract
Documents for the Contract Price and within the Contract Time indicated in this Bid and in accordance with
the other terms and conditions of the Contract Documents.
The Bidder accepts all of the terms and conditions of the Advertisement or INVITATION TO BID and
Instructions to Proposers, including without limitation those dealing with the disposition of Bid Security.
This Bid will remain subject to acceptance for 90 days after the day of Bid opening. The Proposer agrees
to sign and submit the Agreement with the Bonds and other documents required by the Bidding
Requirements within ten days after the date of the City’s Notice of Award.
In submitting this Bid, the Proposer represents, as more fully set forth in the Agreement, that:
The Proposer has familiarized himself/herself with the nature and extent of the
Contract Documents, Work, site, locality, and all local conditions and Law and
Regulations that in any manner may affect cost, progress, performance, or
furnishing of the Work.
The Proposer has given the City written notice of all conflicts, errors, discrepancies
that it has discovered in the Contract Documents and the written resolution thereof
by City is acceptable to the Proposer.
This Bid is genuine and not made in the interest of or on behalf of any undisclosed
person, firm or corporation and is not submitted in conformity with any agreement
or rules of any group, association, organization, or corporation; the Proposer has
not directly or indirectly induced or solicited any other Proposers to submit a false
or sham Bid; the Proposer has not solicited or induced any person, firm or
corporation to refrain from Bidding; and Proposer has not sought by collusion to
obtain for itself any advantage over any other Proposers or over the City.
The Proposer understands and agrees that the Bid is for unit prices to furnish and install individual Work
Items for maintenance and/or repair work, complete in place. Estimates are provided for the purposes of
Bid Evaluation and to establish unit prices for individual Work to be contracted by the City under individual
Purchase Orders, based on the unit prices established under this Bid.
The City and the successful Proposer will establish completion times for each individual Work Item and the
successful Proposer agrees that the work will be completed within the time frames agreed upon and
stipulated in the individual Purchase Orders and/or Notice to Proceed.
36
ITB 25-01-01 CITY ANNEX BUILDING CONSTRUCTION RENOVATIONS
CITY OF SUNNY ISLES BEACH
18070 Collins Ave. | Sunny Isles Beach, FL 33160
305.792.1707 | sibfl.net | Purchasing@sibfl.net
Firm Name:
_____________________________________________________________________________
Street Address:
_____________________________________________________________________________
Mailing Address (if different):
_____________________________________________________________________________
Telephone No. _______________________________Fax No. _________________________
Email Address: _______________________________FEIN No. __/__-__/__/__/__/__/__/__
*““By signing this document the bidder agrees to all Terms and conditions of this
INVITATION TO BID.
Signature:
__________________________________________________________________
(Signature of authorized agent)
Print Name: _________________________
Title:_________________________________________
THE EXECUTION OF THIS FORM CONSTITUTES THE UNEQUIVOCAL OFFER OF PROPOSER TO
BE BOUND BY THE TERMS OF ITS PROPOSAL. FAILURE TO SIGN THIS SOLICITATION WHERE
INDICATED ABOVE BY AN AUTHORIZED REPRESENTATIVE SHALL RENDER THE PROPOSAL
NON-RESPONSIVE. THE CITY MAY, HOWEVER, IN ITS SOLE DISCRETION, ACCEPT ANY
PROPOSAL THAT INCLUDES AN EXECUTED DOCUMENT WHICH UNEQUIVOCALLY BINDS THE
PROPOSER TO THE TERMS OF ITS OFFER.
Persons Services Corp.
1835 S. Perimeter Rd, suite 175, Fort Lauderdale, FL 33309
954-616-5106
6 3 1 2 3 7 5 2 3
Samantha Vincenty
Regional General Manager
bidsec@personsservices.com
(48$/23325781,7<
$)),50$7,9($&7,21
City of Sunny Isles Beach
18070 Collins Avenue
Sunny Isles Beach, FL 33160
Telephone: (305) 947-0606 Fax: (305) 949-3113
(48$/23325781,7<$)),50$7,9($&7,2167$7(0(17
7KHFRQWUDFWRUVDQGDOOVXEFRQWUDFWRUVKHUHE\DJUHHWRDFRPPLWPHQWWRWKHSULQFLSOHVDQG
SUDFWLFHVRIHTXDORSSRUWXQLW\LQHPSOR\PHQWDQGWRFRPSO\ZLWKWKHOHWWHUDQGVSLULWRI
IHGHUDO VWDWH DQG ORFDO ODZV DQG UHJXODWLRQV SURKLELWLQJ GLVFULPLQDWLRQ EDVHG RQ UDFH
FRORUUHOLJLRQQDWLRQDOUHJLRQVH[DJHKDQGLFDSPDULWDOVWDWXVDQGSROLWLFDODIILOLDWLRQRU
EHOLHI
6LJQHG BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
7LWOH BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
)LUP BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
$GGUHVV BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
DECEMBER 28, 2010
Regional General Manager
Persons Services Corp.
1835 S. Perimeter Rd, suite 175
Fort Lauderdale, FL 33309
',6387(',6&/2685(
City of Sunny Isles Beach
18070 Collins Avenue
Sunny Isles Beach, FL 33160
Telephone: (305) 947-0606 Fax: (305) 949-3113
',6387(',6&/2685()250
$QVZHUWKHIROORZLQJTXHVWLRQVE\SODFLQJD³;´DIWHU³<HV´RU³1R´,I\RXDQVZHU³<HV´SOHDVH
H[SODLQLQWKHVSDFHSURYLGHGRURQDVHSDUDWHVKHHWDWWDFKHGWRWKLVIRUP
+DV \RXU ILUP RU DQ\ RI LWV RIILFHUVUHFHLYHG D UHSULPDQG RI DQ\ QDWXUH RU EHHQ VXVSHQGHGE\ WKH
'HSDUWPHQWRI3URIHVVLRQDO5HJXODWLRQVRUDQ\RWKHUUHJXODWRU\DJHQF\RUSURIHVVLRQDODVVRFLDWLRQVZLWKLQWKHODVW
ILYH \HDUV"
<(6BBBBBBBBBB 12BBBBBBBBBB
+DV\RXUILUPRUDQ\PHPEHURI\RXUILUPEHHQGHFODUHGLQGHIDXOWWHUPLQDWHGRUUHPRYHGIURPD
FRQWUDFWRUMREUHODWHGWRWKHVHUYLFHV\RXUILUPSURYLGHVLQWKHUHJXODUFRXUVHRIEXVLQHVVZLWKLQWKHODVWILYH
\HDUV"
<(6BBBBBBBBBB 12BBBBBBBBBB
+DV\RXUILUPKDGDJDLQVWLWRUILOHGDQ\UHTXHVWVIRUHTXLWDEOHDGMXVWPHQWFRQWUDFWFODLPV%LGSURWHVWV
RUOLWLJDWLRQLQWKHSDVWILYH \HDUVWKDWLVUHODWHGWRWKHVHUYLFHV\RXUILUPSURYLGHVLQWKHUHJXODUFRXUVHRI
EXVLQHVV"
<(6BBBBBBBBBB 12BBBBBBBBBB,I\HVVWDWHWKHQDWXUHRIWKHUHTXHVWIRUHTXLWDEOHDGMXVWPHQWFRQWUDFW
FODLPOLWLJDWLRQRUSURWHVWDQGVWDWHDEULHIGHVFULSWLRQRIWKHFDVHWKHRXWFRPHRUVWDWXVRIWKHVXLWDQGWKH
PRQHWDU\DPRXQWVRIH[WHQGHGFRQWUDFWWLPHLQYROYHG
, KHUHE\ FHUWLI\ WKDW DOO VWDWHPHQWV PDGH DUH WUXH DQG DJUHH DQG XQGHUVWDQG WKDW DQ\ PLVVWDWHPHQW RU
PLVUHSUHVHQWDWLRQRIIDOVLILFDWLRQRIIDFWVVKDOOEHFDXVHIRUIRUIHLWXUHRIULJKWVIRUIXUWKHUFRQVLGHUDWLRQRIWKLV%LG
IRUWKH&LW\RI6XQQ\,VOHV%HDFK
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
)LUP 'DWH
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
$XWKRUL]HG6LJQDWXUH3ULQWRU7\SH1DPHDQG7LWOH
DECEMBER 28, 2010
X
X
X
Persons Services Corp.
Samantha Vincenty - Regional General Manager
February 27, 2025
Location and scope are challenging but
CONTRACTOR ANTI-BOYCOTT CERTIFICATION
[PURSUANT TO FLORIDA STATUTE § 215.4725]
,BBBBBBBBBBBBBBBBBBBRQEHKDOIRIBBBBBBBBBBBBBBBBBBBBBBBBB
3ULQW1DPH&RPSDQ\1DPH
FHUWLILHVWKDWBBBBBBBBBBBBBBBBBBBBBBBBBBBGRHVQRW
&RPSDQ\1DPH
3DUWLFLSDWHLQDER\FRWWRI,VUDHO DQG
,VQRWRQWKH6FUXWLQL]HG&RPSDQLHVWKDW%R\FRWW,VUDHOOLVW DQG
,VQRWRQWKH6FUXWLQL]HG&RPSDQLHVZLWK$FWLYLWLHVLQ6XGDQ/LVW DQG
,VQRWRQWKH6FUXWLQL]HG&RPSDQLHVZLWK$FWLYLWLHVLQWKH,UDQ3HWUROHXP
(QHUJ\6HFWRU/LVW DQG
+DVQRWHQJDJHGLQEXVLQHVVRSHUDWLRQVLQ&XEDRU6\ULD
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
6LJQDWXUH
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
7LWOH
BBBBBBBBBBBBBBBBBBBBBBBBBBBBBBBB
'DWH
Samantha Vincenty Persons Services Corp.
Persons Services Corp.
Regional General Manager
February 27, 2025
ITB # 25-01-01
City Annex Building Construction Renovations
Page 103 of 103
Persons Services Corp.
Section 8. Exceptions
Persons Services Corp. has no exceptions.
no item unit quantity price subtotal
1 GENERAL REQUIREMENTS
357,181.00$
2SITE WORK
205,337.00$
3 CONCRETE
346,683.00$
4 MASONRY
Included Conc. Above
5 METALS
72,613.00$
6 WOOD & PLASTIC
42,152.00$
7 THERMAL & MOISTURE PROTECTION
272,191.00$
8 DOORS & WINDOWS
287,251.00$
9 FINISHES
488,021.00$
10 SPECIALTIES
183,285.00$
11 EQUIPMENT
By Owner
12 FURNISHINGS
By Owner
13 SPECIAL CONSTRUCTION
N/A
14 CONVEYING SYSTEMS
N/A
15 MECHANICAL
701,723.00$
16 ELECTRICAL
684,945.00$
Sub Total 3,641,382.00$
Insurance %lump Included
Bond %lump 0.9% 36,431.00$
GRAND TOTAL =3,896,296.00$
$/sf $418.60
CITY OF SUNNY ISLES BEACH
INVITATION TO BID 25-01-01
PROJECT NO. 21-1011
Overhead & Profit lump 6.0% 218,483.00$
BIDDERS MUST USE THS EXCEL SPREADSHEET TO SUBMIT PRICE SHEET. FAILURE TO SUBMIT THIS PRICE
SHEET MAY RESULT IN NON-RESPONSIVE BID SUBMISSION.
ROUGH ORDER OF MAGNITUDE 01/23/2025
BUILDING DEPARTMENT RELOCATION TO ANNEX
1
Sunny Isles City Annex Building
CLARIFICATIONS AND EXCLUSIONS
1. The following costs are specifically excluded:
a. Architectural, engineering or design services or fees.
b. The design, processing and/or recording of utility easements.
c. Builders risk insurance.
d. Governmentally imposed bond premiums, impact or other development fees.
e. 3rd party testing & inspections, required by the building permit.
f. Utility relocation.
g. Offsite Dewatering services. (casual dewatering is included if needed)
h. Fire DAS/BDA Systems.
i. Furnishings, fixtures, appliances, equipment, window treatments, shelving.
j. Asbestos, Moisture, Subsurface or other environmental consulting, surveying, testing, abatement or
remediation.
k. Costs associated with bringing existing systems, facilities, fire rated assemblies, construction, etc. in
compliance with current building codes.
l. Removal of any existing fuel tanks, monitoring wells, deleterious, contaminated soils or hazardous soils
or materials related to the site’s previous usage.
m. Providing or installing systems furniture/office cubicles/storage cabinets/systems furniture glass doors,
furniture or furnishings. (by owner)
n. Any required steel support for systems furniture if applicable. (not shown on plans)
o. Parking fees and transportation to and from off-site parking if required.
p. Existing sign renovation/landscape lights. (No details provided)
q. Telco/data wiring, devices or equipment. Plans indicate by owner vendor. (empty conduit and pullstrings
has been included)
2. The following general clarifications apply:
a. Unforeseen conditions, unique soils, extreme site compaction needs or deleterious materials encountered
will be promptly brought to the Owner’s attention.
b. Contractor has not included costs associated with demolition or removal of above or below grade
structures, piping or removal or relocation of existing monitoring wells. Estimates for the removal of these
items, if any, will require a survey of existing conditions once they are exposed.
c. Plans reference “aluminum” hollow metal doors. Specs indicated typical steel hollow metal doors. Steel
hollow metal doors have been included.
d. Unless specifically described in the plan documents, slabs and finished floors will not be pitched to floor
drains.
e. Correction or modification of existing construction to satisfy ADA building requirements is not included
unless specifically shown on plans.
f. Lightweight Insulating contract is shown on the overflow scupper detail. It is assume this a “copy and paste”
detail as it is not referenced elsewhere and there is no specification for it. Lightweight insulating concrete is
not included.
2
3. Allowance items inclusive to our proposal: (Furnish and install unless noted otherwise)
a. Relocate irrigation valves. (new location not shown) = $6,600.
b. Fence and gate replacement. (no details provided) = $3,500.