Electrical and systems contractor with reported backlog

BizGeno summary

A diversified electrical and systems contractor serving commercial, residential, and institutional clients across metropolitan New York. The reported backlog is meaningful, but its margin, timing, bonding needs, and transferability matter far more than the much larger unawarded bid pipeline.

What stands out

• The source reports $5 million in revenue and $566,000 in normalized earnings.
• Confirmed backlog is described at approximately $4.7 million.
• An additional $59 million of submitted bids is awaiting decisions.

Questions worth asking

1. What gross profit and completion risk sit in signed backlog?
2. Which licenses, bonds, and key managers transfer?
3. How much of the bid pipeline historically converts?
4. What working capital and retainage are required?