Vazquez Commercial Contracting, LLC – Kansas City (Where are they now?)
Update: July 17, 2017:
Joe Vazquez, Vazquez Commercial Contracting, named No. 1 in Ingram’s 2017 Corporate Report 100 due to their phenomenal success!
Ingram’s reports the firm experienced an amazing 303 percent annual growth rate, and currently has 29 employees with more than $19 million in revenue. That’s up from just $1.3 million in 2013.
Ingram’s also reports he put his retirement savings on the line: “There were times I was like, ‘Man, what are you doing? This was a stupid move.’ But he persevered, earned minority contractor status and started getting work, blowing away the clients with his firm’s performance.
He’s since expanded into mechanical and electrical contracting, broadening the firm’s reach and opportunities.
In 2013, we reported on Joe Vazquez, owner of Vazquez Commercial Contracting, and his path from burned out accountant to successful construction contractor with the aid of Michelle “Shelly” Cunningham, procurement director, University of Missouri-Kansas City Procurement Technical Assistance Center (PTAC), among others.
MO PTAC’s mission is to assist businesses, including small, disadvantaged, veteran and women owned firms, obtain federal, state and local government contracts. MO PTAC is a BDP program.
“Going from $38,000 [his first year’s revenue] to $1.3 million and 25 federal projects — that’s just phenomenal,” he said in 2013.
He’s done much better since. In fiscal year 2014, Vazquez reported awards of $4.6 million; for FY 2015, awards of more than $4.4 million in construction projects from the General Services Administration, departments of Defense and of the Interior. That fiscal year is just half over, meaning he’s on track for $9 million.
Vazquez credits MO PTAC with educating company principals on registration requirements, applicable certifications, procurement history research and the best ways to market their services. He also writes that MO PTAC assisted the firm obtain 8 (a) and Historically Underutilized Business Zone (HUBZone) certification, both huge plusses in government contracting; and in maintaining registration and reviewing bid solicitations through a unique bid matching service.
The 8(a) Business Development Program helps small, disadvantaged businesses compete in the marketplace. The HUBZone program helps small businesses in underutilized urban and rural communities gain better access to federal procurement opportunities.
“With MO PTAC’s help, we recently have expanded our search criteria for possible teaming opportunities,” Vazquez writes. “MO PTAC’s assistance in all these areas has contributed to our success in the federal market.”
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