We build great projects with great people. Our subcontractor network is one of our most valuable assets, and we work hard to make partnering with us as simple as possible. Prequalify with Helot Development once a year and you’re cleared to bid work across all of our offices — no repeat paperwork, no redundant process
Helot Development requires all subcontractors to prequalify annually to be eligible to bid and contract work with us. If you’ve worked with Helot previously, reach out to our team directly at (562) 760-0444 or estimating@helotdevelopment.com.
The following scopes of work do not need to go through the prequalification process:
In addition to the prequalification form (link below), you’ll need to provide supporting documentation. At least one document must be included when you submit your form — the rest can be submitted at the same time or sent separately to estimating@helotdevelopment.com or by calling (562) 760-0444.
With full legal name, signed and dated within the past year.
With Applicable Endorsements
Does not need to be issued to Helot, but must be current (not expired). We need proof of insurance for the prequal process.
For Past 3 Years
If your company has ten (10) or less employees, provide the number of employees and the total hours worked each year. Regardless of your company size, the OSHA 300A form is required if recordable incidents have occurred.
For Past 3 Years
NCCl comparable form or letter from worker’s comp carrier.
Dated within the last 30 days, stating your single project bonding capacity, aggregate bonding capacity, and amount available.
Third party prepared financial statements (audit, review, or compilation) from your last fiscal year end that include dated letter from CPA firm, balance sheet, and income statement. Also, an internal balance sheet and income statement for most recent month end. Both are required if prequalifying.
ALTERNATIVE WAYS TO SUBMIT FINANCIAL STATEMENTS:
If you have reservations about submitting financials, we provide other options which can be set up directly with our Prequal department at estimating@helotdevelopment.com.
1. A Non-Disclosure Agreement can be signed by Helot.
2. In lieu of third party financials, we will accept a CPA prepared federal tax return accompanied by an internally prepared balance sheet and income statement for the same period. Only forms 1120, 1120S, and 1065 are accepted (just send the first 5-6 pages that include schedules L and M-1). In addition to tax returns, please include the year end internal balance sheet and profit and loss sheet.
We are requesting this additional information to better analyze the current financial health of our valued trade partners.
1. WIP schedule with totals (a.k.a. “contracts in progress” schedule showing contract value and amount remaining to be billed; it is acceptable to redact project name, GC name, and columns pertaining to cost and profit)
2. Accounts Receivable Aging Summary (we will accept either the entire schedule or just the final page that shows the totals per category—current, 1-30, 31-60, 61-90, retention)
3. Line of Credit bank statement (dated within the last 30 days) that includes name of bank, total amount of line, and current amount accessed against the line
The process only takes 30 minutes to complete.
If your company has either completed prequalification or is currently in the process of doing so, please refrain from clicking the button below and contact Helot Prequal at estimating@helotdevelopment.com.
Most frequently asked questions are answered here.
Should you have additional questions regarding the forms or the prequalification process, please feel free to contact us directly. Thank you for helping Helot Development build better places.
Helot Estimating
(562) 760-0444
estimating@helotdevelopment.com
1427 W 14th St.
Long Beach, CA 90813
