Dedicated to Your Business
“As a large general contractor, Hensel Phelps understands the impact small businesses have on the construction industry and our local economies. We’re committed to enhancing these companies and the highest possible level of diverse business inclusion on each of our projects.”
– Mike Choutka, President & Chief Executive Officer
Small Business Programs
Our company’s Technical Assistance Program (TAP) is an annual presentation that offers practical support to small business subcontractors with whom Hensel Phelps does –or is seeking to do- business with. Presenters from our procurement and estimating groups, safety, quality control and project management collaborate with our Supplier Diversity professionals to provide a training presentation detailing key contact personnel within the firm, policies, procedures and project expectations –the focus being on fostering a successful and profitable experience working with Hensel Phelps.
TAP addresses many areas where small and minority-owned businesses need our help. These include:
- Scheduling and manpower analysis
- Safety program review and evaluation
- Quality control program review and evaluation
During this presentation, Hensel Phelps also proactively trains small businesses to ensure appropriate cash management. This is achieved through the following methods:
- Assisting with Schedule of Values for payment requisitions to help small business maintain positive cash flow
- Formulating joint checks with second-tier subcontractors and suppliers
- Using bi-weekly payment when needed to help fund payroll
All of the material covered is organized around a central goal of helping these contractors work successfully with Hensel Phelps on our projects –thereby promoting overall growth, and providing new opportunities for the participants.
Hensel Phelps understands, that as a small business, there may be challenges associated with acquiring appropriate bonds and commercial insurance. To assist, Hensel Phelps has established relationships with specialized companies across the country to provide our Small Business Trade Partners with Bonding Assistance. These trusted relationships aim to break-down barriers for small businesses by providing solutions unique to each individual business’s case.
Our Surety Bonding partners currently include:
The Barbour Group – Baltimore, Maryland
Merriwether & Williams – Los Angeles, California
Florida Surety Bond – Maitland, Florida
Guignard Company – Longwood, Florida
To learn more about our Bonding Assistance Programs or becoming a surety bonding partner please contact Brad Lewis, Corporate Director of Supplier Diversity, for more information.
The Hensel Phelps’ Emerging Trade Partner small business program is a two-year program based in our Mid Atlantic Region that is focused on engaging opportunity-ready, small and minority-owned businesses and identifying capacity building opportunities with Hensel Phelps. Participants of the program receive direct one-on-one business development and project support in an effort to build relationships with project team members and to communicate best practices for a successful project experience.
Interested in learning more about our Emerging Trade Partner program or looking to start a program in your area? Contact Brad Lewis at BLewis@henselphelps.com for more information on how you can participate in our Emerging Trade Partner program.