Getting prequalified with GCs and public owners instead of chasing platform leads

Greymill AcademyUS4 min readReviewed Oct 202624 primary sourcesUK version

The short answer

Homeowners check reviews and your license, GCs check your financials, bonding and safety record, and public owners check registration and bonds.

The takeaway. Know what each client checks: reviews and license for homeowners, financials, bonding and EMR for GCs, SAM.gov registration for federal work and bid bonds for public bids.

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Written for general contractors, remodelers, framers and carpenters, roofers, drywall, masonry and concrete contractors, and kitchen and bath installers in the US, from one-truck outfits to small GCs.

The short version

  1. Know what each type of client checks.Homeowners check reviews and your license. GCs check financials, bonding and your safety record. Public owners check registration and bonds.
  2. Build your prequalification file before you bid.CPA-prepared financial statements, a bonding letter, your EMR and your OSHA 300 log, ready before the GC's form arrives.
  3. Register in SAM.gov before chasing federal work.Get a Unique Entity ID, then look at the small business programs. Bid bonds follow each solicitation's own amount and rules.

Residential work comes first from referrals and repeat clients, then a Google Business Profile with recent reviews and photos, then platforms such as Angi, Thumbtack, Houzz and Nextdoor. Compare channels by cost per signed job, not per lead. To move up to GC and public work, you need a different kind of proof.

Homeowners

What wins: speed of response, a clear written estimate with exclusions, photos of similar work, proof of license and insurance, and a believable schedule and draw plan. Ask for a review at closeout with a direct link, and answer a bad one once, factually.

The rule

Reviews

The FTC rule on consumer reviews, effective October 21, 2024, bans fake reviews, buying positive or negative reviews and suppressing bad ones, with civil penalties per violation. As of Oct 2026.

16 C.F.R. part 465

California and Florida require your license number in ads and on bids, and never claim "licensed, bonded and insured" unless all three are current.

General contractors

GCs prequalify subs on financial statements, a bonding letter and the safety record. An experience modification rate (EMR) above 1.0, which means worse than average for your class codes, often rules a bidder out, and the OSHA 300 log is read. A company that had more than 10 employees at any time in the last calendar year, counting every location, keeps that log (29 C.F.R. sec. 1904.1), so keep it accurate and current. As of Oct 2026.

AvoidBidding a GC's commercial package with no financial statements ready and an EMR you have never checked.
Do this insteadHaving statements, a bonding letter, your EMR and your OSHA 300 log ready before the prequalification form arrives.

GCs prequalify on financial statements, a bonding letter and the safety record, and an EMR above 1.0 often rules a bidder out.

Bonding capacity gates bigger work. The surety underwrites capital, capacity and character from CPA-prepared statements (reviewed or audited above small lines), your WIP schedule and your backlog. Ask your surety agent for its own single-job and aggregate limits, which vary by surety and year. The SBA Surety Bond Guarantee program can cover eligible contracts up to $9 million, or $14 million for a federal contract with the required certification. As of Oct 2026.

Public work

For federal work, register in SAM.gov and get a Unique Entity ID. Look at the small business, HUBZone, 8(a), women-owned and service-disabled veteran-owned programs, and at state and city certification for local preference programs. Bid bonds are in the amount the solicitation sets, and the solicitation's own instructions and deadlines rule.

Associations can open doors: NAHB and the state home builders associations, NARI for remodelers, and ABC and AGC for commercial contractors.

Getting each worker's comp class code right matters twice: comp rates follow the class code, and your EMR is measured against the average for your class codes.

Asked in Greymill

Example question and answer from Sales & Quotes
You
I frame houses, crew of 12 on payroll, work mostly from Angi and referrals. A GC invited me to bid a commercial package next month. Never checked my EMR, no financial statements. What do I need?
Sales & Quotes
You need a prequalification file, ready before the GC's form arrives. GCs check three things.

1. Financial statements. Have a CPA prepare them now. Bigger bonding lines need reviewed or audited statements.

2. A bonding letter. Ask a surety agent for one, with its single-job and aggregate limits (the most per job and in total). The surety reads your statements, WIP (work in progress) schedule and backlog.

3. Your safety record. Find out your EMR (experience modification rate). Above 1.0 means worse than average for your class codes, and often rules a bidder out.
If you had more than 10 employees at any time last calendar year, you keep an OSHA 300 log of work injuries and illnesses (As of Oct 2026). At 12 now, you need it from January at the latest. Keep it accurate: GCs read it.

I'll turn this into a dated checklist if you like, so the file is ready before next month's bid.

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Your question

I run a construction or building business in [state], in the US. I do [type of work], mostly for [homeowners, GCs or public owners], with revenue of about [amount] and an average job of [amount]. I want more work from [type of client]. I have [financial statements, bonding line, EMR, licenses and certifications]. Tell me what I need to prequalify or register, what is missing, and which channels to keep or drop based on [cost and jobs won per channel].

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More for construction and building in the US

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Sources

The primary sources behind this lesson, checked Oct 2026.

  1. 16 C.F.R. part 465 (Winning work: leads, reviews, prequalification and bids)
  2. Entity registration (Winning work: leads, reviews, prequalification and bids)
  3. NCCI experience rating (industry practice) (Winning work: leads, reviews, prequalification and bids)
  4. sec. 7159.5(a)(3) (Cash, pay apps, bonding and finance)
  5. SBA loan program limits; Surety Bond Guarantee limits; current SOP 50 10 (Cash, pay apps, bonding and finance)
  6. ASC 842 (Cash, pay apps, bonding and finance)
  7. Surety underwriting and terms; review executed indemnity agreement (Cash, pay apps, bonding and finance)
  8. Memorandum of May 21, 2026 (Safety and environment: osha, EPA and stormwater)
  9. sec. 1926.501(b)(1) (Safety and environment: osha, EPA and stormwater)
  10. sec. 1926.1053(b)(1) (Safety and environment: osha, EPA and stormwater)
  11. secs. 1926.651(j)(2), (k); 1926.652(a)(1), (b) (Safety and environment: osha, EPA and stormwater)
  12. sec. 1926.1153(c), (d) (Safety and environment: osha, EPA and stormwater)
  13. Cal. Code Regs. tit. 8, sec. 3395(d), (e) (Safety and environment: osha, EPA and stormwater)
  14. Bus. and Prof. Code sec.7048(a) to (c) (Licensing and home improvement contracts by state)
  15. License classifications (Licensing and home improvement contracts by state)
  16. sec. 7071.6 (Licensing and home improvement contracts by state)
  17. secs. 7028, 7031(a), (b) (Licensing and home improvement contracts by state)
  18. sec. 7159 (Licensing and home improvement contracts by state)
  19. 29 U.S.C. secs. 206, 207 (People: wages, prevailing wage, comp and I-9)
  20. Lab. Code sec. 510 (People: wages, prevailing wage, comp and I-9)
  21. 40 U.S.C. sec. 3142; 29 C.F.R. sec. 5.5(a)(3) (People: wages, prevailing wage, comp and I-9)
  22. sec. 1725.5 (People: wages, prevailing wage, comp and I-9)
  23. Gov't Code ch. 2258; N.Y. Lab. Law sec. 220 (People: wages, prevailing wage, comp and I-9)
  24. Bus. and Prof. Code sec.7125; CSLB Bulletin 22-12 (Oct.11,2022), four additional classifications from Jan.1,2023 and pre-existing C-39 duty (People: wages, prevailing wage, comp and I-9)

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