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Sunday, May 19, 2024

Fiscal Responsibility

When we talk about our commitment to sustainability, we are talking about building green and being green; about delivering ever-greener buildings to our clients and reducing the environmental impact of our operations and supply chain. We emphasize education and training for all Nathan Resources staff and seek to continuously improve corporate governance and reporting of environmental metrics.

Controlled Growth

We believe in our commitment to growing our business, and this helps up provide more reliable service to our clients and opportunities for our employees. However, we only grow by investing back into our business. We do not take unnecessary risks. We recognise the need to always be in a position to handle the unexpected.

Lasting Relationships

Our long term relationships helped build Nathan Resources. Thanks to long-lasting relationships with business partners and subcontractors, we’ve earned the trust of long-term clients. Over 80% of our business comes from repeat clients.

Through employing long-time employees and tradespeople, many of our subcontractors have worked with Berglund for decades, and this allows us to control for cost and quality for clients. This strong network of subcontractors cultivates performance on both sides. Our subcontractors deliver quality work because we’re a professional and trustworthy partner.

Nathan Resources also appreciates and maintains relationships with similar-minded service providers, and this reflects our reputation in the industry and our commitment to doing business with integrity. We maintain long-term relationships with our banks, insurance brokers and other service providers.

Transparency with Clients

We understand our role as vanguards over our clients’ resources. That’s why we have processes in place to evaluate and track every aspect of a project. We have always offered open-book transparency in all financial transactions. From the preconstruction phase through final closeout, we value and appreciate the opportunity to help manage our clients’ economic interests.

Risk Management

One of the key stalwarts of fiscal responsibility is managing risk, and it can be a challenge in an industry as risky as construction. Our EMR of .58 is just one testimonial to how well Nathan Resources manages risk.

One of the cornerstones of our risk management strategy is our industry-leading contractors that work together to implement world-class risk management processes. We learn from each other and hold each other accountable for developing increasingly more effective risk management strategies.

We qualify and re-qualify our subcontractors with increasingly stringent standards. We manage and proactively monitor projects to be aware of any issues that might arise—allowing us to provide a high-level subcontractor default insurance program as a benefit and risk management tool to our clients.