Case Study 3:
V.A. Hospital, Ft. Bliss, Texas
Clark McCarthy Healthcare Partners II was awarded this Billion dollar project by the U.S. Corp of Engineers to build a new VA Hospital in El Paso, Texas in order to provide medical services for the large Retired Veteran Population in the immediate area.
CAFI wrote a Commitment Letter to the U.S. Small Business Administration in support of an 8(a) SBA Contractor that was bidding on this government project.
Our contractor was awarded a contract in excess of $900,000 as result of our support. Unfortunately, this project is over a year behind plus all payment applications are being paid 60 days on average.
Due to slow payments, our customer is relying more on our program to supplement their cash flow while they wait to get paid.