Orlando, FL, April 18, 2013 --(PR.com
)-- The Douglas Company, a general contractor with offices in Holland, Ohio and Orlando, Florida, has been dubbed ‘Excellent” by Contractor Score. This ranking places the company in category of contractors considered financially stable with low risk of default. Contractors scoring in this range usually have significant lines of credit, top 25 percent operating ratios and are in positions to earn greater returns on their invested equity in the firm.
The Contractor Score ranks contractors based on empirical, verified data that includes the analysis of financial statements, current lines of credit, backlog, work in progress and management capacity. Scores range from zero to 2500, with any score over 1000 considered Excellent.
Owners and developers can use the Contractor Score for pre-qualification of contractors or refinement to a contracts terms and conditions. Financially weak contractors often contribute to delayed projects and blown schedules. Additionally, contract defaults are costly, even when secured by bonds or insurance. The Contractor Score better communicates the company’s financial position and risk potential, in advance, to help owners and developers avoid these unfavorable situations.
The Douglas Company is proud to have earned such an exceptional score and hopes that it can be used as further indication of their past and future successes.
The Douglas Company is an industry leading General Contractor specializing in Senior Living and Affordable Multi-Family construction. For over 35 years The Douglas Company has consistently completed projects under budget and ahead of schedule while contributing to the success of their Clients and Associates. The Douglas Company is an INC. 5000 company located in Orlando, Florida. For more information on this story or inquiries about The Douglas Company, please contact Jennifer Warren, Business Development Director, at 407.370.2001 or visit The Douglas Company website: www.douglascompany.com.