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colenighthawk

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We have almost 6 figures in AR right now. Insurance companies are ridiculous and we are actually considering putting in a policy to to not accept anymore claims from State Farm because it is so insane trying to get paid from them.

Having serious cash flow issues right now because of it, but we are busy. I don't want to pay the interest / fees for working capital or invoice factoring so we are just not feeding our kids.......🤣🤣
Stay away from State Farm claims, they're never going to pay.
We're waiting for payment for 6+ months
Placed a lien, homeowner is paying invoice in full
 

OldSchoolBoats

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Stay away from State Farm claims, they're never going to pay.
We're waiting for payment for 6+ months
Placed a lien, homeowner is paying invoice in full
On this one we have at least got paid for packout and mold so that was just under $8k, which helps with the cash flow. Mit/Demo is just under $30k. Depending on what happens with that, will depend on what our policy is going forward.
 

arch stanton

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This working for insurance companies seems like you have to inflate the bill so you can give a discount back to what you should normally charge
A lot like working for some people of different nationalities inflate the bid 10% so they feel better when they negotiate the price back down
 

Romans9

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Called about a new Kubota Skid Steer today. Saleman informed me that I can go on the “list” and he expects it to be 4-6 months…..
 

JFMFG

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So how is everyone holding up? All the talks of toys sitting people hearing about mass layoffs etc. we are still busy fortunately. June was a record month for us. July we are ahead of last year should end up 50-100k better. Hope everyone is still busy!
 

YeahYeah01

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So how is everyone holding up? All the talks of toys sitting people hearing about mass layoffs etc. we are still busy fortunately. June was a record month for us. July we are ahead of last year should end up 50-100k better. Hope everyone is still busy!
Still highs and lows but that's my industry. So I feel like it's average.
 

CoolCruzin

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My machine tooling / parts business is really busy .
The consumer products ( rv, trailers)took a steep slow down like wtf happened.
 

702sandman

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I see certain areas slowing down, but here in vegas my new construction HVAC side has been non stop with the high end custom homes I specialize in. Just yesterday i send out 2 more home bids for close to a million between the 2 and we still have the rest of 24 booked up so it seems to still be flowing pretty good. I’m 2 mill ahead of last year at the same time frame.
 

NicPaus

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Just finished up for the day. Working tomorrow. Still passing up jobs as I don't have the manpower or subs to get to them. If I don't take a day off this month I can set my record. But I am getting burned out. Was at Ganahl earlier it was slow. Plumbing supply house was busy like always.

Tomorrow's is a Plumbing job. Bid it $1350 was going to go with $1650 but it's for my Realtor on a property she manages. Repeat customer. He thought my price was way to high. She got another bid. $7,850 bid did include connecting the dryer vent to the outside. It just dumps under the unit.
 
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c_land

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Numbers are still good for us.

Construction Management and Inspection division is slowing a little bit.

Seems like the labor side of things is freeing up a little. We have been able to fill a few long open positions recently with reasonable compensation
 

EmpirE231

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Bump! how are things looking?

seems to be slowing down around here.
 

JFMFG

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We are still busy but definitely slower.
 

Javajoe

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Public Works jobs are still real busy. We are all booked out the next 2 years or so. Starting a minor league stadium for Ontario in a couple months so that will help fill some slots for a couple Teams. Should be a few years of work with all the other ballfields after the fact on that site
 
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Javajoe

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Currently looking for a PM, PE, PA and a PE Intern for the Inland Empire
 

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For those of you that are/seeing a slowing down, are things getting back to a normal pace? Pre covid pace? The last 4 years were not anywhere near normal and even if things started cooling off in the beginning of '23, jobs could have a 2 year run.
 

EmpirE231

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For those of you that are/seeing a slowing down, are things getting back to a normal pace? Pre covid pace? The last 4 years were not anywhere near normal and even if things started cooling off in the beginning of '23, jobs could have a 2 year run.
I'm in the insurance biz, so it is a mixed bag. We are still busy, but a different kind of busy. definitely seeing way fewer new vehicles being added to policies, way fewer new home purchases etc. new toys being insured is almost non-existent. Consumers seem to be strapped.

have heard from friends on other industries that things are slowing down. Slower than a "pre-covid pace"
 
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