Contractors Advisory Board: What it is, why it's important

February 23, 2015

Cicero’s Development Corp. is a founding member of the Contractors Advisory Board or “CAB”, an alliance of national construction companies established in 2002. CAB members specialize in different market segments, and therefore, do not compete against one other although members have worked together in joint venture projects to produce very large diversified projects that we may not be able to do individually.

 

In addition to Cicero’s, the groups is made up of:

·      Keller Martin Construction, San Antonio, TX

·      Rush Construction, Titusville, FL.

·      Terwisscha Construction, Willmar, MN. (near Minneapolis MN)

·      Zartman Construction, Northumberland PA. (near Harrisburg PA)

 

All CAB members have successfully run their businesses for 30 to 55 years, grossing between $8 million to $85 million annually.

 

CAB recently convened for its 29th meeting in Titusville, FL, where it discussed a variety of business-related challenges, including labor, materials pricing and the ever-changing landscape for construction and renovation. The purpose of these meetings is to tap each other’s unique knowledge base and skill sets to help members work through situations they’re confronted with now or may need to tackle in the near future.

 

CAB meets twice a year, traveling alternating to each member’s headquarters, with each CAB company covering their own expenses to do so. Primarily discussions revolve around the host company’s issues /challenges, as well as solutions proposed by each CAB member. In addition, each CAB member attending is given approximately one hour to discuss their individual issues. Group members share company information as well as challenge each other on ways to improve and hold each other accountable to make those changes.

 

Cicero’s Development will be hosting the next CAB Meeting in Plainfield Il in August 2015.

 

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