26 April 2016 - Business View Caribbean
Venegas stresses that his firm is not a niche or spe-
cialized contractor. “We’ve done work in every single
segment of the construction industry,” he explains.
“We’ve built buildings and infrastructure projects in 16
different sectors: institutional, industrial, residential,
commercial, urban infrastructure, healthcare, tourism
& entertainment, public works, federal government &
military, high rise, ports & heavy civil, historic restora-
tion, sustainable & LEED certified, sports venues, arts
& recreation, and finally, power generation. Therefore,
we’ve done several projects within each one of these
16 sectors, including many iconic and important proj-
ects on our island.”
In addition, compared to many general contractors in
the United States, for example, Venegas reports that
his company does most of the work itself, rather than
relying on sub-contractors. “We self-perform between
50 and 80 percent of our construction contracts,” he
says. “Therefore, we own approximately $5 million in
property, plant, heavy equipment, fabrication shops,
and offices to support our operations. We employ di-
versely experienced, licensed engineers; all of them
have over 15 years of construction experience and a
few of them have over 30 years.” Depending on the
company’s workload, Venegas Construction generally
employs between 150 and 600 workers.
When asked how his company differentiates itself
from the competition, in addition to its use of ground-
breaking construction methods, Venegas responds
thusly: “We believe the most important is our track re-
cord with our clients. We have a fifty-year track record
where we’ve never, ever defaulted on a project, failed
to complete a project, or had any sort of litigation with
a client. We do not fight with our clients, instead we are
