Page 9 - Shareholders Report 2021

DELIVERY GROUPS

Delivery Group

Infrastructure &

Transportation

$ 693.9 OVERVIEW

million 2021 was both a challenging and
2021 Sales against a exciting year for the Infrastructure &
budget of $537.7 million Transportation (I&T) Group. Hindered by
the cancellation of the Aerion project
$ 353 and the continued impact to project

million starts brought on by COVID, I&T earned
$353.4 million in revenue compared
2021 Revenue to our goal of $382.4 million. Earning
against a budget
of $382 million less revenue adversely affected our
job profits, Risk Management Reserve
$ 15.4 (RMR) and Architecture/Engineering
(AE) Labor Credit, and these three items,
million combined with losses experienced
2021 Contribution on the Fairfield Memorial Hospital,
against a budget produced a contribution of $15.4
of $21.4 million
million compared to our $21.4 million
1.12 contribution goal. While revenue and
contribution fell below plan, I&T achieved
million a record sales year of $693.9 million,
Work-in-Place well above the goal of $537.7 million.
(WIP) Manhours Given the strength of our pipeline,
which includes $640 million in selected
2.50 projects, we are confident growth in
NCL CRUISE TERMINAL B
PORTMIAMI, FLORIDA sales and revenue will be earned in 2022.
Work-in-Place
(WIP) Recordable
Incident Rate
2021 Annual Report to Shareholders | Haskell 7