INTRODUCTION CONTINUED

Weldin Construction, Inc. began operations in 1983 performing specialized excavation, road construction, and underground utility installation. From 1983 through 1995 Weldin Construction, Inc. performed as a subcontractor for many of Alaska’s and the Northwest’s larger construction companies, including Wilder Construction, Inc., and Quality Asphalt Paving, Inc. In 1996, Weldin Construction, Inc. was awarded its first contract as a prime contractor.   Since 1996, the company has performed over $100 million in prime contracts.  Weldin’s current largest customers are the U.S. Air Force. U.S. and Army Corps of Engineers.

In addition to its prime contractor customers, Weldin Construction has established relationships with some of the largest prime contractors in the United States, including Weston Solutions, Inc., Montgomery Watson Harza, EarthTech, and Shaw Environmental. 

SELF PERFORMANCE

Weldin Construction is unique among prime contractors in that most disciplines of work are self performed.  This includes both the outdoor/underground portions as well as interior work.  Weldin Construction has compliance agreements in place with the Carpenters, Laborers, Plumbers and Pipefitters, Sheetmetal Workers, Operating Engineers, Plasters/Cement Masons, and Sprinkler Fitters Unions, as well as a full crew of non-union electricians.  There are also mechanical and electrical administrators on staff.

Weldin Construction’s ability to self -perform most disciplines of work is a distinct advantage to its customers because:

·         More realistic scheduling (not having to rely on subcontractors’ ever-changing schedules)

·         Tighter control over the projects

·         Better communication among crafts

·         A single point of contact when issues arise, hence, quicker response time

While most aspects of Weldin Construction’s projects are performed in-house, certain items are subcontracted, such as hazardous material abatement, paving, and roofing.  In those instances Weldin Construction carefully scrutinizes and selects reputable subcontractors to perform the work.

HEALTH AND SAFETY

Safety is the Number One Priority at Weldin Construction.  Our primary concern is the protection of the safety and health of employees, subcontractors, and the general public.  Weldin Construction has developed a comprehensive Corporate Health and Safety Program which specifically addresses the following topics:

Ø       General Health and Safety Procedures*

Ø       Hazard Communication Program

Ø       Confined Space Entry Program

Ø       Respiratory Protection Plan

Ø       Lock Out, Tag Out Plan

Ø       Vehicle Safety Procedures

Ø       Fall Protection Procedures

*This plan meets the provisions of Manual EM-385-1-1, USACE Safety and Health Requirements Manual.

BONDING

A critical issue for contractors is bonding capacity.  The construction bonding climate has tightened dramatically over the past few years.  In the past, bonding was relatively easy to obtain - all that was required was a general contractor’s license and collateral.  As a result of significant losses, bonding companies are now requiring not only sophisticated financial reporting, but demonstration of sound business judgment and a thorough understanding of construction contracting.  Weldin Construction has established a reputation as a well-managed, responsible construction contractor.  Because of the tightening of the bonding market, many construction companies have either lost their bonding entirely or been severely limited - not the case with Weldin Construction.  In fact, our bonding programs have continued to increase.

 

FINANCIAL REFERENCESS

Bonding Agent:

     Parker, Smith & Feek, Inc.

     2233 112th Avenue, N.E.

     Bellevue, Washington 98004

     Contact:  Stuart O’Farrell (425) 709-3600

 

Bonding Underwriter:

     St. Paul Travelers Insurance Company

     Seattle, Washington 98104

                                                                                                                                  

Banking:

     First National Bank Alaska

     P. O. Box 100720

     Anchorage, Alaska

     Contact:  Jean A. McKnight, Vice-President (907) 777-3930

 

Credit and Trade References:

                          Weldin Construction has established credit accounts with major suppliers and subcontractors throughout the State of Alaska  and the South Pacific.  References are available on request.  Contact Jennie Weldin at jenniew@weldin.com.