Construction ESOP
Collective
FOR EMPLOYEE-OWNED CONTRACTORS
The close was the starting line.
Resources for leaders, boards and CFOs of employee-owned construction companies: funding the repurchase obligation, governing well, keeping your surety confident, and building a crew that thinks like owners.
BROWSE BY TOPIC
What ESOP leaders deal with after the deal.
01
Repurchase obligation
Plan for the long-term cash demand before it plans for you, and use the same structure to fund growth.
ARTICLE
ESOP Repurchase Obligation: Why It Can Be a Growth Advantage
GUIDE CHAPTER
Repurchase obligation: the long-term cost to plan for
02
Governance and the board
Trustee, board and management: who decides what, and when to add independent directors.
GUIDE CHAPTER
Governance: the trustee, the board, and management
ARTICLE
Life After a Construction ESOP: 7 Lessons from Bill Duguay
03
Surety after the close
Rebuilding book equity, paying down the note, and the three numbers your surety will watch.
GUIDE CHAPTER
What an ESOP does to your bonding, surety, and insurance program
EPISODE 4 · ALAN STARKS
Protecting Bonding Capacity During an ESOP Transition
04
Risk, insurance and captives
Why employee-owned contractors tend to be better risks, and how to get your program priced like one.
NEW GUIDE IN THE WORKS
05
Safety culture and your EMR
What changes in claims, safety and your experience mod when the crew owns the company.
NEW GUIDE IN THE WORKS
06
Leading an owner crew
Communication, culture and making shares mean something on the jobsite.
GUIDE CHAPTER
Life after the close: why culture matters
EPISODE 5 · BOBBY SIGMON
From Apprentice to President: Building a Construction ESOP Culture
START WITH THIS
FROM LEADERS WHO RUN ONE
EPISODE 7 · RALPH DUMKE
From $25M to $80M as an Employee-Owned ESOP Contractor
EPISODE 6 · BEN NICHOLS
From Marine Corps to CEO of a $750M Employee-Owned Contractor
EPISODE 5 · BOBBY SIGMON
From Apprentice to President: Building a Construction ESOP Culture
EPISODE 2 · BOB WHALEN
Former J.D. Abrams CEO Bill Duguay on what a construction ESOP demands after closing: boards, surety and bonding, communication, and safety.
ARTICLE · 8 MIN READ