Florida Drawbridge is a specialty contractor in the movable bridge industry. We are a leading provider of movable bridge operations, maintenance and repair services. Our unique team and contract experience has led us to accomplish our vision of becoming a leader in providing services to the drawbridge industry. Florida Drawbridge has the means and capability to provide Safe, Cost efficient, Customer friendly, and Experienced. Our specialized team consists of highly trained bridge operators, licensed electricians, mechanics and millwrights; Project engineering with 23 years of drawbridge experience and a dedicated management team with over a decade of drawbridge management experience.

Due to our training program, we have the lowest incident rate of any bridge operating company in the state of Florida. Our maintenance procedures have resulted in the lowest ‘downtime.’ In the case of natural disasters, our experienced staff provided exemplary recovery services in South Florida during the last seven historical hurricanes.

In addition to daily in-house maintenance, Florida Drawbridge manages annual bridge inspections by independent qualified Bridge Professional Engineers according to National standards (NBIS). Bridge reports are reviewed and entered into the FDOT data bases, PONTIS, EDMS and MMS systems. Active participation in the Feasible Action Review Committee is performed and work orders are developed and scheduled for repairs.

We maintain relationships with Department qualified contractors and consultants to assist as necessary to resolve any issue that may arise. Our team has designed and executed all aspects of bridge repair work form minor repairs to major rehabilitations.

FINANCIAL CAPABILITIES

Florida Drawbridge has the financial strength required to manage any bridge project. We have successfully completed contracts for the maintenance, repair and operations of drawbridges totaling more than $33 million.  We were recently awarded a 7 (seven) year asset management contract in Miami-Dade County to maintain their drawbridges, fenders and navigational lighting systems.

Our current assets total over $1.5 million of which more than $1 million are in cash assets ready to support any need that may arise.  Our Asset to liability ratio is 15.38 to 1 and our debt to equity ratio is .034 to 1.  These numbers far exceed the ratios of solvency recognized by GAP of 2 to 1 and 1 to 1 respectively.

We have had an ongoing business banking relationship with the Bank of America for 9 years. We have an open line of credit with BOA available at our need, although Florida Drawbridge currently has no outstanding loans or notes payable.

We have worked very hard to build our company’s financial strength into a rock solid performer. 

 

954 788-0969

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