As discussed earlier today, given current tight company cash flow, existing bonds in place and potential deal with B.Grimm in Jan/Feb 15 to be considered – you must communicate bond requirements earlier in order to avoid abortive tendering works.
It is unlikely that we will seriously consider further bank bonding beyond our current obligations prior to April 15 and if a bond is required, we are to offer insurance bonds only. Finally and as discussed in December, given our current/ongoing workload for TH office – I have requested you focus on high end domestic works that will not overburden either manpower or financial resources.
Any queries, please discuss.