RE:RE:When could the $86M new city contract(Norwich) be announced? I agree yyy2017 that the rewards could be big! I like my chances too!
With Norwich contract, I feel that it is an all or nothing proposition. Unless LTE has damaged the relationship somehow with CF or Bechtel, I'd put a high probability on this contract being awarded to LTE. If you look at how close Norwich is Lowestoft or Bury St Edmunds, it would be crazy for this to go to another company. LTE is already setup in that particular region of the UK.
Perhaps a small delay in the award of Norwich is a blessing in disguise. The pandemic has inevitably slowed construction progress with current contracts. LTE has 250 employees now. They can produce 20m of revenue quarterly. They have the extra capacity to put more workers on existing jobs to speed up construction and get back on track. Probably most companies are not in this position. So I think this will put LTE in favourable position with CF and, who knows, maybe the can get another city not yet announced!