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$610M of annual subcontract and material spend

We buy from people who are still trading in ten years.

Ironwood spends roughly $610 million a year with subcontractors, fabricators, material suppliers and professional service firms. We are not always the cheapest client you will have. We try to be the one that pays on time, does not play games with back-charges, and comes back next year.

Getting on the bid list

One email is enough to start.

Send your details to suppliers@ironwoodgroups.com and a member of our procurement team will review them. There is no portal login, no annual fee, and no requirement to buy a subscription to anything.

We will ask for the following, which is the same information every prequalified contractor needs:

  • Company profile, legal name, structure, years trading, ownership, office locations
  • Trade classification, the scopes you genuinely self-perform, not everything you can broker
  • Licences, state and local contractor licences by jurisdiction
  • Insurance, certificate of insurance showing general liability, auto, workers' compensation and umbrella limits
  • Bonding, single and aggregate capacity, surety name and contact
  • Safety, three-year OSHA 300A logs, EMR letter from your carrier, and written safety programme
  • Financials, most recent two years of financial statements or a CPA letter confirming capacity
  • References, three owners or general contractors who can speak to your performance
  • Diversity certification, if applicable: MBE, WBE, DBE, SBE, SDVOSB, 8(a), HUBZone or local equivalent

Where to send it

Email suppliers@ironwoodgroups.com with your capability statement attached. If you would rather talk it through, call the switchboard on (303) 555-0142 and ask for procurement, our automated receptionist will route you and book a call-back if the team is unavailable.

Engagement terms
Payment termsNet 30 from approved invoice; Net 14 for certified small businesses on federal work
Retainage5% standard, released at substantial completion; no retainage on supply-only orders
Pay-when-paidApplies only where the prime contract permits it; we pay our own subcontractors within 30 days regardless of upstream payment status on 96% of our work
Back-chargesIssued in writing with an itemised cost and photographs before any deduction is made
Early payment2% / 10 days available on request for materials and fabricated goods
Prequalification renewalAnnually, or on any material change to insurance, bonding or ownership

Insurance minimums

  • Commercial general liability, $1M per occurrence / $2M aggregate
  • Automobile liability, $1M combined single limit
  • Workers' compensation, statutory limits, plus employer's liability of $1M
  • Umbrella / excess, $5M for scopes over $1M contract value
  • Professional liability, $2M for design and engineering scope
  • Pollution liability, required for environmental remediation and tank work
  • Ironwood named as additional insured, with waiver of subrogation and 30 days' notice of cancellation

What we look for

Five things that actually get you shortlisted.

We review hundreds of capability statements a year. These are the things that separate the ones we call from the ones we file.

01

You self-perform the work you bid

If you are brokering the labour on a scope you bid as a subcontractor, we would rather contract with the crew directly. Tell us the percentage you self-perform, we will ask, and we will check.

02

Your EMR is real and current

Send the letter from your carrier. An EMR above 1.00 is not automatically disqualifying, but an EMR you cannot document is. We will discuss a safety improvement plan with suppliers who are honest about a poor year.

03

You can handle a schedule

Give us two projects where you were on the critical path and it held. We are less interested in the number of projects than in whether you have ever been the reason one finished on time.

04

You answer when we call

Most of the value we get from a subcontractor comes in the first four hours of a problem. If your estimator is unreachable during a bid period, that is a preview of what mobilisation will be like.

05

You price the scope that is written

Qualify what you need to qualify, but do not price a different job and then explain it in the interview. We would rather receive a higher number with an honest list of exclusions than a low number built on an assumption nobody agreed to.

06

You tell us when you are full

If you cannot staff a package, say so. Turning down work honestly keeps you on the list. Taking it and failing does not.

Supplier diversity

We report our numbers, including the ones that miss target.

Federal and state contracts carry small business subcontracting goals. We report against them publicly and we do not move spend into a category it does not belong in to make a target.

Subcontracting performance, FY2025
CategoryGoalAchieved
Small business, all categories23.0%26.4%
Small disadvantaged business5.0%6.1%
Women-owned small business5.0%4.7%
Service-disabled veteran-owned3.0%3.4%
HUBZone small business3.0%1.9%
Veteran-owned small business3.0%3.1%

HUBZone is the category we missed. We have added two HUBZone-certified firms to our prequalified list in the last twelve months and are actively seeking more in the Denver, Phoenix and Casper markets.

Materials and equipment

What we buy, and how much of it.

Indicative annual volumes. If you supply any of the following, we would like to hear from you even if you cannot meet the full quantity.

Annual procurement, representative volumes
CategoryAnnual volumeNotes
Ready-mix concrete610,000 CYAcross 34 states; supplier must hold current NRMCA certification
Structural steel41,000 tonsDomestic melting and pouring required on federally funded work under Buy America
Reinforcing steel78,000 tonsCut-and-bend or straight; mill test reports required per heat
Aggregate base and asphalt3.9M tonsLocal sourcing preferred; see the capability list above for producing markets
Process pipe and fittings$92MCarbon, stainless and alloy; ASME Section IX procedure qualifications required
Electrical equipment$140MSubstation transformers, switchgear, protection and control, cable
Heavy equipment parts and service$61MDealer and independent; 48-hour response target on critical components
Protective coatings and linings$28MSSPC QP1 and QP2 qualified applicators
Trucking and heavy haul$47MClass A CDL, current DOT compliance and ELD-equipped fleet
Site services$54MEnvironmental monitoring, surveying, drilling, scaffolding, temporary facilities

Next step

Have a project, a package or a question?

Call the switchboard and our automated receptionist will take the details, book a call-back with the right estimator, or put you straight through to dispatch. It answers in under two seconds, day or night.