From Municipal to Federal: How a Contractor Found Higher Margin and Faster Pay

Federal 8(a) construction contracts can pay a small business in 30 days, sometimes two weeks from invoice, while comparable municipal work takes 60 to 120 days and forces the contractor to finance the job. David Rambhajan, a contractor who moved from municipal to federal work, breaks down how he ran $5 million in 8(a) work with no permits and no inspections and why faster federal payment fueled…