SlideShare a Scribd company logo
1 of 2
Download to read offline
Top 15 SHA Construction Contractors by Bid Value (FY 2016)*
Bidder
Total 1st
Place Bids Total Bids Win %
Winning
Bid Value
1 ALLAN MYERS MD, INC.** 22 54 40.7% 220,700,400
2 CONCRETE GENERAL, INC. 8 38 21.1% 109,140,809
3 TRITON CONSTRUCTION, INC. 2 3 66.7% 95,116,200
4 JOSEPH B. FAY CO., INC. 1 4 25.0% 67,712,949
5 C. J. MILLER, LLC 9 20 45.0% 59,781,141
6 DAVID A. BRAMBLE, INC.** 7 9 77.8% 55,160,688
7 FRANCIS O. DAY CO., INC. 7 26 26.9% 40,307,341
8 FACCHINA CONSTRUCTION CO., INC. 1 2 50.0% 36,949,329
9 GRAY & SON, INC. 4 31 12.9% 35,762,500
10 WAGMAN HEAVY CIVIL, INC** 1 7 14.3% 34,999,259
11 P. FLANIGAN & SONS, INC. 6 21 28.6% 29,392,342
12 ROMMEL E & C INC 7 16 43.8% 26,612,324
13 BRUCE & MERRILEES ELECTRIC 6 17 35.3% 24,117,925
14 CORMAN CONSTRUCTION, INC 1 8 12.5% 23,957,800
15 PDI-SHEETZ CONSTRUCTION CORP 4 6 66.7% 23,772,319
Sources: US Census Bureau, MDOT bid lettings, MDOT FY 2017-2022 Consolidated Transportation Program (CTP)
WWW.STARAMERICAP.COM • 390 N Broadway, Jericho, NY, 11753 • (516) 882-4100
Margin of Victory
# of Projects w/
Multiple Bidders
Average Win
Margin
January 22 12.8%
February 25 4.7%
March 53 14.4%
April 24 8.8%
May 23 11.1%
June 19 15.5%
July 24 10.7%
August 25 7.6%
September 7 1.4%
October 7 7.7%
November 13 14.0%
December 24 14.0%
January 36 9.5%
February 15 8.9%
March 35 8.4%
Annual Weighted Average 10.6%
DEPARTMENT OF TRANSPORTATION OPERATING AND CAPITAL
PROGRAM SUMMARY
Maryland Department of Transportation:
2016 Summary & Analysis
According to the U.S. Census Bureau's 2016 population estimate, Maryland is the 19th most populous state in the United States.
Since the 2010 Census, Maryland’s population has grown by 4.2%, which ranks 25th among all states, and is in line with the
national average (4.1%). According to Maryland Department of Transportation (“MDOT”), the total proposed transportation budget
for 2017-2022 is $31.5 Billion, and $5.8 Billion for 2017.
The table on the left below highlights the 2016 bidding activity on MDOT State Highway Administration (“SHA”) projects. The
average project size over the period was $6.3M, with 26 projects over $10M in total project value, and 7 projects over $20M. The
largest project was a $105M Design-Build project won by a Joint Venture of Allan Myers, David A. Bramble, and Wagman. Fourteen
contractors won jobs over $10M. The top five contractors won 44% of all work during the January 2016-March 2017 period. Alan
Myers was the most active during this period submitting a total of 51 bids, with 20 low bids for a total of $220M in low-bid value.
The table on the right below highlights the average margin of victory by month between first and second place bidders on these
projects, with the most competitive month being September with an average margin of victory of 1.4% and the most active month
being March with a total of 53 projects awarded.
The graph on the left shows the total number of bidders for
all SHA projects from January 2016 through March 2017.
The median number of bidders on projects is 4. Most
projects had 5 or more bidders (61 projects, 29%). There
were just 16 projects (9%) that had only 1 bidder. The
majority of projects had 4 or more bidders (112 – 53.85%) .
The table to the right shows a summary of the Department of
Transportation Operating and Capital Program Spending
and Fund Sources for 2017-2022. Capital Improvements
contribute to the highest percentage of the total budget at
$14.8 Billion (47.0%). Operations contribute $12.4 Billion
(39.7%) to the total 6-year budget. On average, the total
budget decreases by 0.9% year over year. The Capital
Program is decreasing by 6.7% year over year, while the
operating Program increases 2.9%. The total budget for the
Department of Transportation Operating and Capital
Program for 2017-2022 is $31.5 Billion, which is up 8.2
Billion (26%) from the previous year’s Consolidated
Transportation Program.
Current
Year
Budget
Year Planning Years Six-Year
2017 2018 2019 2020 2021 2022 Total
OPERATING PROGRAM 1,917.5 2,013.7 2,065.0 2,116.0 2,166.0 2,214.0 12,492.2
Special Funds 1,819.4 1,916.2 1,968.0 2,019.0 2,069.0 2,117.0 11,908.6
Federal Funds 97.2 97.6 97.0 97.0 97.0 97.0 582.8
Reimbursable Funds 0.9 - - - - - 0.9
CAPITAL PROGRAM 2,886.1 2,833.8 2,740.6 2,337.6 1,990.9 2,013.8 14,802.8
Special Funds 1,579.6 1,628.6 1,524.7 1,305.6 1,026.5 1,014.3 8,079.3
Federal Funds 1,103.7 1,021.9 1,037.2 856.4 847.5 806.9 5,673.6
Other Funds 202.8 183.3 178.8 175.6 116.8 192.6 1,049.9
SHARED REVENUES 269.7 252.7 278.0 328.0 381.0 433.0 1,942.4
Special Funds 182.3 180.4 - - - - 362.7
Federal Funds 87.5 72.4 - - - - 159.9
DEBT SERVICE 309.9 328.8 337.0 356.0 424.0 473.0 2,228.7
Special Funds 309.9 328.8 337.0 356.0 424.0 473.0 2,228.7
DEPARTMENT TOTAL 5,383.2 5,429.0 5,420.6 5,137.6 4,961.9 5,133.8 31,466.1
16
28
52 51 61
0
50
100
1 2 3 4 5+
NumberofProjects
Number of Bidders per Project
Competition Summary
* Bid results include both Hard Bid and Design-Build projects from January 2016-March 2017
** 33% of the winning contract value for a Allan Myers/ Wagman/ David A. Bramble Joint Venture was added to their respective
totals (value was $34,999,259). In addition each respective winner was awarded 1 additional 1st place bid.
Why We Are Different Star America Global Reach
Focused Strictly on Infrastructure
• Management has years of experience in the Infrastructure
Industry
• Solely focused on advising public and private clients in the
Infrastructure/Construction sector
Broad Range of Advisory Services
• M&A, Project Financing, Strategic Consulting, Restructuring,
Executive Placement, and Financial Analysis
• All Industry Sub-Sectors
Experience in All Major Infrastructure Markets
• Star America has worked in all infrastructure markets,
including Civil Construction, Vertical Building, Public-Private
Partnerships, Industrial
Business Development
Mergers & Acquisitions PPP Financial Advisory
Management Consulting
Capital Raising Strategic & Financial Analysis
Star is well qualified to assist clients in developing their
business plans in the U.S. Given the depth of experience of its
partners and operating professionals, the company offers
access to thought leadership of C-Level executives.
We have a strong track record in both domestic and cross-
border M&A advisory roles. We operate both negotiated
processes and auctions, assist in deal structuring, and provide
impartial advice about the merits of transactions in our industry
of focus.
Star provides financial advisory services to companies and
consortia seeking to participate in alternative procurement
processes. We advise on debt capital raising in the bank and
bond markets, and help structure competitive bids for our
clients.
We work with clients to formulate and pursue strategic and
tactical goals. Star provides true business solutions, including
identifying potential management hires, developing and
implementing marketing plans, and increasing operational
efficiencies.
We maintain contacts at banks, hedge funds, equipment
finance companies, and other financial firms. These are
sources of capital for clients desiring funds for expansionary
capital expenditures or general operating cash flow needs.
Industry analytics form the core of a successful financing or
business development strategy. With our significant industry
knowledge, we assess companies’ current and projected
financial and competitive positions to provide actionable
recommendations. We have the capacity to provide
comprehensive financial analysis as well as contractor
prequalification solutions, allowing contractors to properly vet
lower tiers and improve overall capital strength.
Star America Capital Advisors, LLC
Services Overview
Service Offerings
Disclaimer:
This material is for informational purposes only. It should not be relied on for any other purposes. The goal of this report is to help market
participants critically asses each state's expected infrastructure budgets and competitive environment.
WWW.STARAMERICAP.COM • 390 N Broadway, Jericho, NY, 11753 • (516) 882-4100

More Related Content

Similar to Maryland Transportation Report

2014 Construction Industry Market Outlook Survey Results
2014 Construction Industry Market Outlook Survey Results2014 Construction Industry Market Outlook Survey Results
2014 Construction Industry Market Outlook Survey ResultsGrassi & Co.
 
Mercer Capital's Value Focus: FinTech Industry | Mid-Year 2019
Mercer Capital's Value Focus: FinTech Industry | Mid-Year 2019  Mercer Capital's Value Focus: FinTech Industry | Mid-Year 2019
Mercer Capital's Value Focus: FinTech Industry | Mid-Year 2019 Mercer Capital
 
Continuous Delivery.pdf
Continuous Delivery.pdfContinuous Delivery.pdf
Continuous Delivery.pdfMadhura TBRC
 
ENR 2016 CM at Risk PLANT #89
ENR 2016 CM at Risk PLANT #89ENR 2016 CM at Risk PLANT #89
ENR 2016 CM at Risk PLANT #89Chris Rivielle
 
Christina WilliamsFin571 Corporate FinanceJoseph McDonald.docx
Christina WilliamsFin571 Corporate FinanceJoseph McDonald.docxChristina WilliamsFin571 Corporate FinanceJoseph McDonald.docx
Christina WilliamsFin571 Corporate FinanceJoseph McDonald.docxmccormicknadine86
 
Christina WilliamsFin571 Corporate FinanceJoseph McDonald.docx
Christina WilliamsFin571 Corporate FinanceJoseph McDonald.docxChristina WilliamsFin571 Corporate FinanceJoseph McDonald.docx
Christina WilliamsFin571 Corporate FinanceJoseph McDonald.docxgordienaysmythe
 
The Blue Sky Report® - A Kerrigan Quarterly - 2017 Year End
The Blue Sky Report® - A Kerrigan Quarterly - 2017 Year EndThe Blue Sky Report® - A Kerrigan Quarterly - 2017 Year End
The Blue Sky Report® - A Kerrigan Quarterly - 2017 Year EndErin Kerrigan
 
Investor Presentation June 2016
Investor Presentation June 2016Investor Presentation June 2016
Investor Presentation June 2016Intact
 
Customer Relationship Management (CRM) - Outlook (2017-21)
Customer Relationship Management (CRM) - Outlook (2017-21)Customer Relationship Management (CRM) - Outlook (2017-21)
Customer Relationship Management (CRM) - Outlook (2017-21)ResearchFox
 
TDS - USC Q4 2016 operating results final
TDS - USC Q4 2016 operating results finalTDS - USC Q4 2016 operating results final
TDS - USC Q4 2016 operating results finalTelephoneDataSystems
 
Sample Global Construction Equipment Rental Market.pptx
Sample Global Construction Equipment Rental Market.pptxSample Global Construction Equipment Rental Market.pptx
Sample Global Construction Equipment Rental Market.pptxkvsreerag096
 
Doing business-with-military-compiled
Doing business-with-military-compiledDoing business-with-military-compiled
Doing business-with-military-compiledPamela Berkowsky
 
TD Ameritrade Barclays Americas Select Franchise Conference Presentation
TD Ameritrade Barclays Americas Select Franchise Conference PresentationTD Ameritrade Barclays Americas Select Franchise Conference Presentation
TD Ameritrade Barclays Americas Select Franchise Conference Presentationinvestorsamtd
 
Quarterly Review of the IT Services & Business Services Sector - Q1 2016
Quarterly Review of the IT Services & Business Services Sector - Q1 2016Quarterly Review of the IT Services & Business Services Sector - Q1 2016
Quarterly Review of the IT Services & Business Services Sector - Q1 2016Mark Weisman
 
Sample SME Board of Directors dashboard
Sample SME Board of Directors dashboardSample SME Board of Directors dashboard
Sample SME Board of Directors dashboardEric Tachibana
 
A STUDY OF PERFORMANCE APPRAISAL OF MAHINDRA AND MAHINDRA LTD
A STUDY OF PERFORMANCE APPRAISAL OF MAHINDRA AND MAHINDRA LTDA STUDY OF PERFORMANCE APPRAISAL OF MAHINDRA AND MAHINDRA LTD
A STUDY OF PERFORMANCE APPRAISAL OF MAHINDRA AND MAHINDRA LTDHolly Fisher
 

Similar to Maryland Transportation Report (20)

2014 Construction Industry Market Outlook Survey Results
2014 Construction Industry Market Outlook Survey Results2014 Construction Industry Market Outlook Survey Results
2014 Construction Industry Market Outlook Survey Results
 
Mercer Capital's Value Focus: FinTech Industry | Mid-Year 2019
Mercer Capital's Value Focus: FinTech Industry | Mid-Year 2019  Mercer Capital's Value Focus: FinTech Industry | Mid-Year 2019
Mercer Capital's Value Focus: FinTech Industry | Mid-Year 2019
 
Continuous Delivery.pdf
Continuous Delivery.pdfContinuous Delivery.pdf
Continuous Delivery.pdf
 
ENR 2016 CM at Risk PLANT #89
ENR 2016 CM at Risk PLANT #89ENR 2016 CM at Risk PLANT #89
ENR 2016 CM at Risk PLANT #89
 
Christina WilliamsFin571 Corporate FinanceJoseph McDonald.docx
Christina WilliamsFin571 Corporate FinanceJoseph McDonald.docxChristina WilliamsFin571 Corporate FinanceJoseph McDonald.docx
Christina WilliamsFin571 Corporate FinanceJoseph McDonald.docx
 
Christina WilliamsFin571 Corporate FinanceJoseph McDonald.docx
Christina WilliamsFin571 Corporate FinanceJoseph McDonald.docxChristina WilliamsFin571 Corporate FinanceJoseph McDonald.docx
Christina WilliamsFin571 Corporate FinanceJoseph McDonald.docx
 
The Blue Sky Report® - A Kerrigan Quarterly - 2017 Year End
The Blue Sky Report® - A Kerrigan Quarterly - 2017 Year EndThe Blue Sky Report® - A Kerrigan Quarterly - 2017 Year End
The Blue Sky Report® - A Kerrigan Quarterly - 2017 Year End
 
Beacon newsletter for october 2013 from simcon club
Beacon newsletter for october 2013 from simcon clubBeacon newsletter for october 2013 from simcon club
Beacon newsletter for october 2013 from simcon club
 
Thailand Investment Review, October 2016
Thailand Investment Review, October 2016Thailand Investment Review, October 2016
Thailand Investment Review, October 2016
 
Investor Presentation June 2016
Investor Presentation June 2016Investor Presentation June 2016
Investor Presentation June 2016
 
Overview of M&A, 2016
Overview of M&A, 2016Overview of M&A, 2016
Overview of M&A, 2016
 
Customer Relationship Management (CRM) - Outlook (2017-21)
Customer Relationship Management (CRM) - Outlook (2017-21)Customer Relationship Management (CRM) - Outlook (2017-21)
Customer Relationship Management (CRM) - Outlook (2017-21)
 
TDS - USC Q4 2016 operating results final
TDS - USC Q4 2016 operating results finalTDS - USC Q4 2016 operating results final
TDS - USC Q4 2016 operating results final
 
Final DEF
Final DEFFinal DEF
Final DEF
 
Sample Global Construction Equipment Rental Market.pptx
Sample Global Construction Equipment Rental Market.pptxSample Global Construction Equipment Rental Market.pptx
Sample Global Construction Equipment Rental Market.pptx
 
Doing business-with-military-compiled
Doing business-with-military-compiledDoing business-with-military-compiled
Doing business-with-military-compiled
 
TD Ameritrade Barclays Americas Select Franchise Conference Presentation
TD Ameritrade Barclays Americas Select Franchise Conference PresentationTD Ameritrade Barclays Americas Select Franchise Conference Presentation
TD Ameritrade Barclays Americas Select Franchise Conference Presentation
 
Quarterly Review of the IT Services & Business Services Sector - Q1 2016
Quarterly Review of the IT Services & Business Services Sector - Q1 2016Quarterly Review of the IT Services & Business Services Sector - Q1 2016
Quarterly Review of the IT Services & Business Services Sector - Q1 2016
 
Sample SME Board of Directors dashboard
Sample SME Board of Directors dashboardSample SME Board of Directors dashboard
Sample SME Board of Directors dashboard
 
A STUDY OF PERFORMANCE APPRAISAL OF MAHINDRA AND MAHINDRA LTD
A STUDY OF PERFORMANCE APPRAISAL OF MAHINDRA AND MAHINDRA LTDA STUDY OF PERFORMANCE APPRAISAL OF MAHINDRA AND MAHINDRA LTD
A STUDY OF PERFORMANCE APPRAISAL OF MAHINDRA AND MAHINDRA LTD
 

More from Jonathan Hunt

Public Construction Overviews - 2Q 2018
Public Construction Overviews - 2Q 2018Public Construction Overviews - 2Q 2018
Public Construction Overviews - 2Q 2018Jonathan Hunt
 
International Contractor Overviews Q3 2017
International Contractor Overviews Q3 2017International Contractor Overviews Q3 2017
International Contractor Overviews Q3 2017Jonathan Hunt
 
Public Construction Company Overviews Q3 2017
Public Construction Company Overviews Q3 2017Public Construction Company Overviews Q3 2017
Public Construction Company Overviews Q3 2017Jonathan Hunt
 
Public Private Partnerships - State of the Market and the Future of P3's
Public Private Partnerships - State of the Market and the Future of P3'sPublic Private Partnerships - State of the Market and the Future of P3's
Public Private Partnerships - State of the Market and the Future of P3'sJonathan Hunt
 
International Contractor Overviews Q2 2017
International Contractor Overviews Q2 2017International Contractor Overviews Q2 2017
International Contractor Overviews Q2 2017Jonathan Hunt
 
Public Construction Company Overviews 1H 2017
Public Construction Company Overviews 1H 2017Public Construction Company Overviews 1H 2017
Public Construction Company Overviews 1H 2017Jonathan Hunt
 
Public Construction Company Overviews Q1 2017
Public Construction Company Overviews Q1 2017Public Construction Company Overviews Q1 2017
Public Construction Company Overviews Q1 2017Jonathan Hunt
 
International Contractor Overviews Vol. 1
International Contractor Overviews Vol. 1International Contractor Overviews Vol. 1
International Contractor Overviews Vol. 1Jonathan Hunt
 
Public Construction Company Overviews
Public Construction Company OverviewsPublic Construction Company Overviews
Public Construction Company OverviewsJonathan Hunt
 
Public Construction Company Overviews
Public Construction Company OverviewsPublic Construction Company Overviews
Public Construction Company OverviewsJonathan Hunt
 

More from Jonathan Hunt (10)

Public Construction Overviews - 2Q 2018
Public Construction Overviews - 2Q 2018Public Construction Overviews - 2Q 2018
Public Construction Overviews - 2Q 2018
 
International Contractor Overviews Q3 2017
International Contractor Overviews Q3 2017International Contractor Overviews Q3 2017
International Contractor Overviews Q3 2017
 
Public Construction Company Overviews Q3 2017
Public Construction Company Overviews Q3 2017Public Construction Company Overviews Q3 2017
Public Construction Company Overviews Q3 2017
 
Public Private Partnerships - State of the Market and the Future of P3's
Public Private Partnerships - State of the Market and the Future of P3'sPublic Private Partnerships - State of the Market and the Future of P3's
Public Private Partnerships - State of the Market and the Future of P3's
 
International Contractor Overviews Q2 2017
International Contractor Overviews Q2 2017International Contractor Overviews Q2 2017
International Contractor Overviews Q2 2017
 
Public Construction Company Overviews 1H 2017
Public Construction Company Overviews 1H 2017Public Construction Company Overviews 1H 2017
Public Construction Company Overviews 1H 2017
 
Public Construction Company Overviews Q1 2017
Public Construction Company Overviews Q1 2017Public Construction Company Overviews Q1 2017
Public Construction Company Overviews Q1 2017
 
International Contractor Overviews Vol. 1
International Contractor Overviews Vol. 1International Contractor Overviews Vol. 1
International Contractor Overviews Vol. 1
 
Public Construction Company Overviews
Public Construction Company OverviewsPublic Construction Company Overviews
Public Construction Company Overviews
 
Public Construction Company Overviews
Public Construction Company OverviewsPublic Construction Company Overviews
Public Construction Company Overviews
 

Recently uploaded

Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Roland Driesen
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst SummitHolger Mueller
 
Grateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfGrateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfPaul Menig
 
The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024christinemoorman
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation SlidesKeppelCorporation
 
Catalogue ONG NUOC PPR DE NHAT .pdf
Catalogue ONG NUOC PPR DE NHAT      .pdfCatalogue ONG NUOC PPR DE NHAT      .pdf
Catalogue ONG NUOC PPR DE NHAT .pdfOrient Homes
 
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Delhi Call girls
 
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLMONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLSeo
 
Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxAndy Lambert
 
BEST ✨ Call Girls In Indirapuram Ghaziabad ✔️ 9871031762 ✔️ Escorts Service...
BEST ✨ Call Girls In  Indirapuram Ghaziabad  ✔️ 9871031762 ✔️ Escorts Service...BEST ✨ Call Girls In  Indirapuram Ghaziabad  ✔️ 9871031762 ✔️ Escorts Service...
BEST ✨ Call Girls In Indirapuram Ghaziabad ✔️ 9871031762 ✔️ Escorts Service...noida100girls
 
Regression analysis: Simple Linear Regression Multiple Linear Regression
Regression analysis:  Simple Linear Regression Multiple Linear RegressionRegression analysis:  Simple Linear Regression Multiple Linear Regression
Regression analysis: Simple Linear Regression Multiple Linear RegressionRavindra Nath Shukla
 
DEPED Work From Home WORKWEEK-PLAN.docx
DEPED Work From Home  WORKWEEK-PLAN.docxDEPED Work From Home  WORKWEEK-PLAN.docx
DEPED Work From Home WORKWEEK-PLAN.docxRodelinaLaud
 
Catalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdf
Catalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdfCatalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdf
Catalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdfOrient Homes
 
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Tina Ji
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...anilsa9823
 
Monte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMMonte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMRavindra Nath Shukla
 
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdfRenandantas16
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...lizamodels9
 
Eni 2024 1Q Results - 24.04.24 business.
Eni 2024 1Q Results - 24.04.24 business.Eni 2024 1Q Results - 24.04.24 business.
Eni 2024 1Q Results - 24.04.24 business.Eni
 

Recently uploaded (20)

Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...Ensure the security of your HCL environment by applying the Zero Trust princi...
Ensure the security of your HCL environment by applying the Zero Trust princi...
 
Progress Report - Oracle Database Analyst Summit
Progress  Report - Oracle Database Analyst SummitProgress  Report - Oracle Database Analyst Summit
Progress Report - Oracle Database Analyst Summit
 
Grateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdfGrateful 7 speech thanking everyone that has helped.pdf
Grateful 7 speech thanking everyone that has helped.pdf
 
The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024The CMO Survey - Highlights and Insights Report - Spring 2024
The CMO Survey - Highlights and Insights Report - Spring 2024
 
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Keppel Ltd. 1Q 2024 Business Update  Presentation SlidesKeppel Ltd. 1Q 2024 Business Update  Presentation Slides
Keppel Ltd. 1Q 2024 Business Update Presentation Slides
 
KestrelPro Flyer Japan IT Week 2024 (English)
KestrelPro Flyer Japan IT Week 2024 (English)KestrelPro Flyer Japan IT Week 2024 (English)
KestrelPro Flyer Japan IT Week 2024 (English)
 
Catalogue ONG NUOC PPR DE NHAT .pdf
Catalogue ONG NUOC PPR DE NHAT      .pdfCatalogue ONG NUOC PPR DE NHAT      .pdf
Catalogue ONG NUOC PPR DE NHAT .pdf
 
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
Best VIP Call Girls Noida Sector 40 Call Me: 8448380779
 
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRLMONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
MONA 98765-12871 CALL GIRLS IN LUDHIANA LUDHIANA CALL GIRL
 
Monthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptxMonthly Social Media Update April 2024 pptx.pptx
Monthly Social Media Update April 2024 pptx.pptx
 
BEST ✨ Call Girls In Indirapuram Ghaziabad ✔️ 9871031762 ✔️ Escorts Service...
BEST ✨ Call Girls In  Indirapuram Ghaziabad  ✔️ 9871031762 ✔️ Escorts Service...BEST ✨ Call Girls In  Indirapuram Ghaziabad  ✔️ 9871031762 ✔️ Escorts Service...
BEST ✨ Call Girls In Indirapuram Ghaziabad ✔️ 9871031762 ✔️ Escorts Service...
 
Regression analysis: Simple Linear Regression Multiple Linear Regression
Regression analysis:  Simple Linear Regression Multiple Linear RegressionRegression analysis:  Simple Linear Regression Multiple Linear Regression
Regression analysis: Simple Linear Regression Multiple Linear Regression
 
DEPED Work From Home WORKWEEK-PLAN.docx
DEPED Work From Home  WORKWEEK-PLAN.docxDEPED Work From Home  WORKWEEK-PLAN.docx
DEPED Work From Home WORKWEEK-PLAN.docx
 
Catalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdf
Catalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdfCatalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdf
Catalogue ONG NƯỚC uPVC - HDPE DE NHAT.pdf
 
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
Russian Faridabad Call Girls(Badarpur) : ☎ 8168257667, @4999
 
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
Lucknow 💋 Escorts in Lucknow - 450+ Call Girl Cash Payment 8923113531 Neha Th...
 
Monte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSMMonte Carlo simulation : Simulation using MCSM
Monte Carlo simulation : Simulation using MCSM
 
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf0183760ssssssssssssssssssssssssssss00101011 (27).pdf
0183760ssssssssssssssssssssssssssss00101011 (27).pdf
 
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
Call Girls In DLf Gurgaon ➥99902@11544 ( Best price)100% Genuine Escort In 24...
 
Eni 2024 1Q Results - 24.04.24 business.
Eni 2024 1Q Results - 24.04.24 business.Eni 2024 1Q Results - 24.04.24 business.
Eni 2024 1Q Results - 24.04.24 business.
 

Maryland Transportation Report

  • 1. Top 15 SHA Construction Contractors by Bid Value (FY 2016)* Bidder Total 1st Place Bids Total Bids Win % Winning Bid Value 1 ALLAN MYERS MD, INC.** 22 54 40.7% 220,700,400 2 CONCRETE GENERAL, INC. 8 38 21.1% 109,140,809 3 TRITON CONSTRUCTION, INC. 2 3 66.7% 95,116,200 4 JOSEPH B. FAY CO., INC. 1 4 25.0% 67,712,949 5 C. J. MILLER, LLC 9 20 45.0% 59,781,141 6 DAVID A. BRAMBLE, INC.** 7 9 77.8% 55,160,688 7 FRANCIS O. DAY CO., INC. 7 26 26.9% 40,307,341 8 FACCHINA CONSTRUCTION CO., INC. 1 2 50.0% 36,949,329 9 GRAY & SON, INC. 4 31 12.9% 35,762,500 10 WAGMAN HEAVY CIVIL, INC** 1 7 14.3% 34,999,259 11 P. FLANIGAN & SONS, INC. 6 21 28.6% 29,392,342 12 ROMMEL E & C INC 7 16 43.8% 26,612,324 13 BRUCE & MERRILEES ELECTRIC 6 17 35.3% 24,117,925 14 CORMAN CONSTRUCTION, INC 1 8 12.5% 23,957,800 15 PDI-SHEETZ CONSTRUCTION CORP 4 6 66.7% 23,772,319 Sources: US Census Bureau, MDOT bid lettings, MDOT FY 2017-2022 Consolidated Transportation Program (CTP) WWW.STARAMERICAP.COM • 390 N Broadway, Jericho, NY, 11753 • (516) 882-4100 Margin of Victory # of Projects w/ Multiple Bidders Average Win Margin January 22 12.8% February 25 4.7% March 53 14.4% April 24 8.8% May 23 11.1% June 19 15.5% July 24 10.7% August 25 7.6% September 7 1.4% October 7 7.7% November 13 14.0% December 24 14.0% January 36 9.5% February 15 8.9% March 35 8.4% Annual Weighted Average 10.6% DEPARTMENT OF TRANSPORTATION OPERATING AND CAPITAL PROGRAM SUMMARY Maryland Department of Transportation: 2016 Summary & Analysis According to the U.S. Census Bureau's 2016 population estimate, Maryland is the 19th most populous state in the United States. Since the 2010 Census, Maryland’s population has grown by 4.2%, which ranks 25th among all states, and is in line with the national average (4.1%). According to Maryland Department of Transportation (“MDOT”), the total proposed transportation budget for 2017-2022 is $31.5 Billion, and $5.8 Billion for 2017. The table on the left below highlights the 2016 bidding activity on MDOT State Highway Administration (“SHA”) projects. The average project size over the period was $6.3M, with 26 projects over $10M in total project value, and 7 projects over $20M. The largest project was a $105M Design-Build project won by a Joint Venture of Allan Myers, David A. Bramble, and Wagman. Fourteen contractors won jobs over $10M. The top five contractors won 44% of all work during the January 2016-March 2017 period. Alan Myers was the most active during this period submitting a total of 51 bids, with 20 low bids for a total of $220M in low-bid value. The table on the right below highlights the average margin of victory by month between first and second place bidders on these projects, with the most competitive month being September with an average margin of victory of 1.4% and the most active month being March with a total of 53 projects awarded. The graph on the left shows the total number of bidders for all SHA projects from January 2016 through March 2017. The median number of bidders on projects is 4. Most projects had 5 or more bidders (61 projects, 29%). There were just 16 projects (9%) that had only 1 bidder. The majority of projects had 4 or more bidders (112 – 53.85%) . The table to the right shows a summary of the Department of Transportation Operating and Capital Program Spending and Fund Sources for 2017-2022. Capital Improvements contribute to the highest percentage of the total budget at $14.8 Billion (47.0%). Operations contribute $12.4 Billion (39.7%) to the total 6-year budget. On average, the total budget decreases by 0.9% year over year. The Capital Program is decreasing by 6.7% year over year, while the operating Program increases 2.9%. The total budget for the Department of Transportation Operating and Capital Program for 2017-2022 is $31.5 Billion, which is up 8.2 Billion (26%) from the previous year’s Consolidated Transportation Program. Current Year Budget Year Planning Years Six-Year 2017 2018 2019 2020 2021 2022 Total OPERATING PROGRAM 1,917.5 2,013.7 2,065.0 2,116.0 2,166.0 2,214.0 12,492.2 Special Funds 1,819.4 1,916.2 1,968.0 2,019.0 2,069.0 2,117.0 11,908.6 Federal Funds 97.2 97.6 97.0 97.0 97.0 97.0 582.8 Reimbursable Funds 0.9 - - - - - 0.9 CAPITAL PROGRAM 2,886.1 2,833.8 2,740.6 2,337.6 1,990.9 2,013.8 14,802.8 Special Funds 1,579.6 1,628.6 1,524.7 1,305.6 1,026.5 1,014.3 8,079.3 Federal Funds 1,103.7 1,021.9 1,037.2 856.4 847.5 806.9 5,673.6 Other Funds 202.8 183.3 178.8 175.6 116.8 192.6 1,049.9 SHARED REVENUES 269.7 252.7 278.0 328.0 381.0 433.0 1,942.4 Special Funds 182.3 180.4 - - - - 362.7 Federal Funds 87.5 72.4 - - - - 159.9 DEBT SERVICE 309.9 328.8 337.0 356.0 424.0 473.0 2,228.7 Special Funds 309.9 328.8 337.0 356.0 424.0 473.0 2,228.7 DEPARTMENT TOTAL 5,383.2 5,429.0 5,420.6 5,137.6 4,961.9 5,133.8 31,466.1 16 28 52 51 61 0 50 100 1 2 3 4 5+ NumberofProjects Number of Bidders per Project Competition Summary * Bid results include both Hard Bid and Design-Build projects from January 2016-March 2017 ** 33% of the winning contract value for a Allan Myers/ Wagman/ David A. Bramble Joint Venture was added to their respective totals (value was $34,999,259). In addition each respective winner was awarded 1 additional 1st place bid.
  • 2. Why We Are Different Star America Global Reach Focused Strictly on Infrastructure • Management has years of experience in the Infrastructure Industry • Solely focused on advising public and private clients in the Infrastructure/Construction sector Broad Range of Advisory Services • M&A, Project Financing, Strategic Consulting, Restructuring, Executive Placement, and Financial Analysis • All Industry Sub-Sectors Experience in All Major Infrastructure Markets • Star America has worked in all infrastructure markets, including Civil Construction, Vertical Building, Public-Private Partnerships, Industrial Business Development Mergers & Acquisitions PPP Financial Advisory Management Consulting Capital Raising Strategic & Financial Analysis Star is well qualified to assist clients in developing their business plans in the U.S. Given the depth of experience of its partners and operating professionals, the company offers access to thought leadership of C-Level executives. We have a strong track record in both domestic and cross- border M&A advisory roles. We operate both negotiated processes and auctions, assist in deal structuring, and provide impartial advice about the merits of transactions in our industry of focus. Star provides financial advisory services to companies and consortia seeking to participate in alternative procurement processes. We advise on debt capital raising in the bank and bond markets, and help structure competitive bids for our clients. We work with clients to formulate and pursue strategic and tactical goals. Star provides true business solutions, including identifying potential management hires, developing and implementing marketing plans, and increasing operational efficiencies. We maintain contacts at banks, hedge funds, equipment finance companies, and other financial firms. These are sources of capital for clients desiring funds for expansionary capital expenditures or general operating cash flow needs. Industry analytics form the core of a successful financing or business development strategy. With our significant industry knowledge, we assess companies’ current and projected financial and competitive positions to provide actionable recommendations. We have the capacity to provide comprehensive financial analysis as well as contractor prequalification solutions, allowing contractors to properly vet lower tiers and improve overall capital strength. Star America Capital Advisors, LLC Services Overview Service Offerings Disclaimer: This material is for informational purposes only. It should not be relied on for any other purposes. The goal of this report is to help market participants critically asses each state's expected infrastructure budgets and competitive environment. WWW.STARAMERICAP.COM • 390 N Broadway, Jericho, NY, 11753 • (516) 882-4100