Okaloosa County BOCC — June 3, 2014 — LORD AND SON B3 — reading text

338,003 - 163,826 85,811 103,815 1,849,523 2,595,582 123 123 1,935,457 3,201,349 -88,375,.417_ _$9,307,143 $1,110,542 $ 902,864 3,275 2,979 - 627 11,118 18,719 68,829 58,297 713,761 492,596 1,907,525 1,476,082 41,912 135,952 41,912 135,952 1,949,437 1,612,034 371 371 22,000 22,000 8,341,209 9,582,160 25,685 53,863 8,389,265 9,658,394 (1,963,285) _ (1,963,285) 6,425,980 7,695,109 $8,375,417. _$9,307,143 LORD & SON CONSTRUCTION, INC. STATEMENTS OF INCOME YEARS ENDED DECEMBER 31, 2013 AND 2012 2013 2012 CONTRACT REVENUES EARNED $ 10,112,301 $ 11,397,150 COST OF REVENUES EARNED 9,989,123 10,602,453 GROSS PROFIT 123,178 794,697 GENERAL AND ADMINISTRATIVE EXPENSES 1,256,425 1,461,192 INCOME (LOSS) FROM OPERATIONS (1,133,247) (666,495) OTHER INCOME (EXPENSES) Rental expense, net (36,588) (42,925) Dividend income 10,825 4,952 Interest income 84,559 133,984 Discounts earned 2,189 6 Earnings (loss) from joint ventures (79,370) (8,768) Gain (loss) on sale and/or disposal of asset 38,767 - Gain (loss) on sale of securities 434 (10,345) Total other income (expense) 20,816 76,904 NET INCOME (LOSS) (1,112,431) (589,591) OTHER COMPREHENSIVE INCOME Change in unrealized holding gain on available for sale securities arising during the period (27,744) 14,874 Reclassification adjustment for gains included in net income (434) 10,345 Total other comprehensive income (loss) (28,178) 25,219 TOTAL COMPREHENSIVE LOSS $ (1,140,609) $ (564,372) See notes to financial statements. 4 STATEMENT OF QUALIFICATIONS 5 CONSTRUCTION MANAGEMENT SERVICES New OFFICE BUILDING AT THE OKALOOSA COUNTY SHERIFF'S OFFICE IN SHALIMAR Reputation Lord & Son has received numerous letters of recommendation from satisfied clients in the Southeast. Just a few of them are included on the following pages. Page 50 Pat Griffith SEs EE EE LE EE ES SEE OO PES EET ET] From: John Paul Somers <jp@somerscompany.com> Sent: Thursday, March 27, 2014 1:47 PM To: Pat Griffith Ce: Nation, Tonia; Wendy Anderson; Rachael Earley Subject: Lord & Son / AVCON | Sherwin Williams Pat & Tonia, The SW site looks OUSTANDING, inside and out!!!) VERY IMPRESSIVE! Thank you for your professional work and incredible diligence. Pat, please express the utmost in my appreciation to Jack for his tenacity and wonderful work from beginning to end. All of you will be strongly promoted by me and my company. Sincerely, John S John Paul Somers Sroker/Reattor O MERS (850) 654-7777 @ ERMC WL L www.SomersCompany.com \ ( From: Pat Griffith [mailto:pat@lordandson.com] Sent: Thursday, March 27, 2014 10:24 AM To: John Paul Somers Subject: Re: Sherwin Williams | will get you a copy. Sent from my iPhone On Mar 27, 2014, at 10:12 AM, "John Paul Somers" <johnpaul@somerscompany.com> wrote: Wonderful news, Pat!!! Sincerely, John Paul Somers (850) 259-9732 transmitted from a mobile device Okaloosa County Airports State of Florida | July 24, 2009 | Northwest Florida Regional Airport — East Side Development Project — Letter of Reference | | To Whom It May Concern: It is my pleasure to have the opportunity of providing a reference for Lord & Son Construction, Inc. of Fort Walton Beach, Florida. They successfully provided the construction and project management oversight of the Eastside Development Project at the Northwest Florida Regional Airport. The project was a total expenditure of more than $15,000,000.00, consisting of over 56,000 square feet of office, cargo storage and maintenance spaces, a five bay carwash, five island fuel dispensing area, 130,000 gallon state-of-the-art design jet and unleaded fuel storage and containment facility, over 6 acres of parking, covered walkway, lift station; landscaping, perimeter fencing and access control systems and left access turn lane on State Highway 85. Mr John Klumpp, Vice President of Lord & Son Construction, Inc., coordinated with Tracey Walker, on-site construction project manager and Jack Harris, project superintendent. This superb team ensured the project was going according to schedule and met with me weekly to answer questions that I as Airports Project Manager might have concerning the development. They also handled all County and State permitting requirements for this project. The project came in on time and under budget for the original requirements as this team continually sought out ways to provide money saving options during construction, some of which improved the aesthetics of the walkway design by deleting walls allowing for the landscaping to be highlighted. Their focused scheduling allowed the tenants to move in one month early, resulting in early rental receipts by the County. We found Lord & Son Construction, Inc to be a very reliable contractor and we are very pleased with the outcome of the Eastside Development project and would recommend Lord & Son Construction, Inc. for any future construction endeavors. Sincere] wr My racy Sings Airports Project Manager State Road 85 Eglin Air Force Base, Florida 32542-1413 (850) 651-7160 FAX: (850) 651-7164 WarREN AVERETT O'SULLIVAN CREEL A Business of Warren Averett, LLC | CPAs & Consultants 45 Eglin Pkwy., N.E. Suite 301 Fort Walton Beach, FL 32548 850.244.5121 Fax: 850.664.2562 www.warrenaverett.com June 20, 2012 Mr. Leven Lord Lord and Son Construction, Inc. P.O. Box 1808 Ft. Walton Beach, FL 32549 RE: 45 Eglin Professional Centre Dear Mr. Lord: I am writing to express our sincere appreciation of the quality workmanship and project management provided by Lord and Son Construction on the 45 Eglin Professional Centre project. We are fortunate to have chosen Lord and Son as the Contractor for our facility. Your management team of Mike O’Grady, Project Manager, J.P. Buchanan, QC Manager, and Dave Burleson, Superintendent, was a well-oiled team of professionals. Whenever we encountered a snag, such as the issue with unsuitable soil areas, it was quickly resolved by this team so the project maintained forward motion. We appreciate their attention to detail on a complex project that helped maintain the project budget and schedule. Your team’s dedication, work ethic, promptness and honesty were all characteristics that the entire Lord and Son organization displayed throughout our construction. It was a great pleasure to have worked with Lord and Son and I would certainly recommend your firm and this management team to any future clients with whom you are involved to relay our total satisfaction. Sincerely, Sr Flows Joseph W. Henderson, CPA Warren Averett, LLC Quina Grundhoefer Architects August 23, 2009 To whom it may concern: I am pleased to write this letter recommending and commending the work of Lord & Son Construction Company. The recently completed Children’s Building project for First United Methodist Church in Niceville, Florida was a true success story from start to finish. I was the Architect for the project and had the pleasure of working with John Klumpp, the project manager and Ronnie Jordon, the site superintendent for Lord & Son. The project was priced using a competitive bidding process and Lord & Son was the lowest bid. The prices were not only within budget, but below the church’s estimate, which allowed the church to add several items that they were hoping to include in the project. During construction, the team members of Lord & Son maintained a high level of professionalism and organization in coordinating the work. Their efforts kept activities flowing smoothly and the project was completed within the tight schedule established. This allowed the church’s Pre- School program to open on time. It was a gratifying experience to work with Lord & Son on this project. Their attention to detail and concern for the overall quality of the project was evident during the entire construction period. Ihave no hesitancy in recommending Lord & Son for any size construction project and I would be happy to discuss their work with any interested party. Sincerely, Cel Cork Daniel Grundhoefer, AIA 400 West Romana Street Pensacola, Florida 32502 a (850) 433-5575 (Fax) 433-5366 E-mail: qgarchitects.com As the Project Manager at Eglin AFB, Lord and Son are presently doing the renovation of the Fitness Center, Building 810, on Eglin AFB, Florida. The project is a Design-Build project in which Architect Dennis Chavez and Lord and Son partnered. The project was competed among two other Design-Build Companies, and Lord and Son/Dennis Chavez were awarded the project at a cost of $1,505,100. The project is a phased renovation of the Fitness Center. The facility is still occupied and patronized by the customers, and Lord and Son have been working with the customer to provide the least amount of impact on the customer and still perform the work as required in the contract. We are presently into the seventh month of a twelve month performance period. The work involves providing new heating ventilating and air conditioning in the weight and fitness rooms, new ceiling and lighting in these rooms, as well. Completely renovate the men’s locker rooms and showers in which it was reconfigured to make it more efficient, humidity-controlled, better air-conditioning, lighting, handicap accessible and all new finishes. The lobby and offices are also being renovated by making the reception/lobby area more architecturally appealing as the customers enter the facility. Also, the reception area will also be the control center to monitor the surveillance cameras in the facility and duress alarms for each of the saunas. The office area has been modified to make the laundry area more functional and storage has been added to assist in some of their deficiencies in the facility. The basketball courts will receive sound attenuation. The project also includes a surveillance system throughout and a new fire alarm and mass notification system for the entire facility. This multi project required a very skilled construction firm to have the construction knowledge, the right personnel as a project manager, supervisor, and skilled laborers, as well as, the confidence in the right subcontractors to do the job. Lord and Son have met not only the challenges of the project, but have always been outstanding in their performance throughout this project. Also, they has been timely on their progress reports, we have reoccurring meetings every three weeks to do discuss the progress on the construction and to inform the customer of any updates on the project phasing and work elements. This has been a team approach from the very start of the design process through the construction process. We have only one modification which was due to unforeseen site conditions and they responded very quickly with several solutions and a fair cost proposal. We are winding down the most crucial elements of the project, and Lord and Son with their subcontractors have done an outstanding job. It is for these reasons that | offer high recommendations for Lord and Son without any reservation. If you have any questions regarding this recommendation, please do not hesitate to contact me. Sincerely You / eate is Jr., R.A. Project Manager Eglin AFB, FL Reate.davis@eglin.af.mil J ACOBS / f S TITAN _ Jacobs/Titan, A Joint Venture School District of Okaloosa County Program Office 1501 Merchants Way, Niceville, FL 32578 850.897.8125 FAX 850.897.0123 August 12, 2010 Mr. Leven Lord, President Lord & Son Construction, Inc. 19 David Street Ft. Walton Beach, FL 32547 SUBJ: Jacobs/Titan Total Program Management (TPM) for the Okaloosa County School District (OCSD) Capital Construction Program - Lord & Son Construction, Inc. Recognition Dear Mr. Lord: After completion of another successful summer construction program for OCSD, our entire team would like to express our sincere gratitude and appreciation to Lord & Son for a job well done. You and the staff associated with the Choctawhatchee High School Chilled Water Replacement and the Longwood Elementary School HVAC