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Case Studies

Case Study: Project's Financial Commitment Too Great for Contractor

Freddie Mac contracted Business Communications Contractors (BCC) to perform multiple MACs during the 1980s & '90s.

When the opportunity to cable Freddie’s million-square-foot headquarters became available, BCC could not compete and had to pass on the contract.

Why?

Freddie Mac
  • BCC lacked the financial strength
    The size and financial strength of BCC was its first challenge. Hiring additional techs was possible, but BCC lacked the financial resources and credit line necessary to meet the materials and payroll over an extended timeframe.

  • BCC was not bonded
    Freddie Mac required a surety-bonded contractor in order to meet a strict timeline. While BCC had provided excellent service for small and mid-sized jobs, Freddie's risk assessment required protection from unpredictable circumstances.

BCC wanted the job but could not meet the requirements. They needed to align with a company that could support them in this job.

Who could have helped? Contact us to find out

 
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