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Spaziano Elementary School Gymnasium , Providence , RI
“ To qualify for municipal work , we must post 100 percent performance and payment bonds , and we must prove we have the working capital , people , and technical resources required to complete a project . Converting to an employee-owned company has enabled us to grow our bonding capacity from $ 300 million to $ 750 million , which will give us the financial strength to compete for larger projects . We ’ re proud to improve the towns and cities we work in , and we ’ re excited to be part of some larger projects moving forward .”
Team support
Turning to Downes Construction ’ s operations , David explains : “ As a construction management company , we don ’ t carry out many general contracting type assignments , but instead 99 percent of our work is based around project management on behalf of the owners . More specifically , we focus on managing K-12 schools , public safety complexes , municipal buildings , libraries , and museums , and on the private side , we work with healthcare providers and hospitals .
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