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THE COMPANY: FINANCIALS

 
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Financial Strength

HITT is currently rated 4A2 by the Dun & Bradstreet Rating Service. Our Duns number is 00-325-8746. Key Liquidity indicators at 12/31/05 include a Working Capital Ratio of 1.17:1.

Bonding

HITT has an aggregate bonding capacity of $500 million. Single job bonds as high as $150 million have been approved. Our bonding capacity is in excess of current operations and would likely be increased if required.

Bonding Agency:
Travelers Casualty & Surety Company of America
111 Schilling Road, B1825
Hunt Valley, Maryland 21031
Contact: Mike McKibben, 443.353.2038

Bonding Agent:
Insurance Associates, Inc.
22 Baltimore Road
Rockville, MD 20850
Contact: Stephen Spencer, 301.838.9400

Assets, Liabilities, References

HITT has no short term or long term debt and has very strong cash reserves. This policy allows the company to be highly competitive in bid environments, where others may be constrained by the need to meet debt service levels.

Bank Contact:
Ruth Ann Clark
Sr. Vice President
Bank of America
703-761-8569

 
Comments or questions?: ebuot@hitt-gc.com - ©2000-2004 HITT CONTRACTING INC. ALL RIGHTS RESERVED.