DIVERSITY DEVELOPMENT

MINORITY ENTERPRISE DEVELOPMENT

ERMCO, Inc. is dedicated to assisting our customers in meeting their goals concerning MBE/WBE utilization and the development of viable minority contractors and suppliers. ERMCO, Inc. has been known for many years as a leader in the area of promoting and nurturing MBE/WBE contractors and suppliers in the area of electrical construction. Following is a summary of our past and current efforts.

MENTOR – PROTÉGÉ PROGRAM

ERMCO, Inc., for many years, has been actively involved in various Mentor/Protégé programs. We have taken the initiative to solicit minority contractors for these programs. Following is a list of our protégé partners to date:

1999-Current

1) Electrical Mechanical Services, Indianapolis, IN

1995-1998

2) Apollo Electric, Orlando, Fl

1992-1998

3) Bertram Electric, Indianapolis, IN

ERMCO believes that this approach is the best way to effectively enhance the minority contracting community. These programs have a long-term effect in developing our partners as viable contracting entities.

MINORITY PARTICIPATION ACHIEVEMENTS

Through our efforts to develop our Mentor/Protégé partners and in the utilization and development of viable MBE/WBE vendors and subcontractors, we consistently meet or exceed the goals of our customers in the area of minority utilization. ERMCO, Inc. has been involved on several projects either current or recently completed in which our MBE/WBE utilization has far exceeded the minimums required of us. The following is a representative list of some of the larger projects involved:

PROJECT

CONTRACT

MBE/WBE %

Paul Brown Stadium

$32,000,000

25%

Indpls. Marion Co. Central Library

$ 4,500,000

32%

Indianapolis Airport Authority

$ 50,000,000

23%

Clarian Hospital West

$ 6,000,000

60%

Clarian Hospital North

$11,800,000

42%

Cincinnati Convention Center

$ 4,700,000

33%

Indianapolis Airport Security

$1,500,000

20%

Lucas Oil Stadium

$28,000,000

24%

 

Please note that, on projects currently in progress, the above percentages represent our minimum committed or achieved to date on the original contract. We continue to strive to exceed these amounts during the process of completing the projects in progress. While we understand that the real goal is to help create and develop viable minority partners for the future, percentages and dollar figures are a fair measurement of our success in these areas.

ERMCO is proud of what we have achieved to date and will strive to continue to be a leader for the development of minority and women owned businesses in the future.