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Wednesday, Feb 8, 2023
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Anaheim Company Lands $30 Million Contract in Guam

LM2 Construction Co. in Anaheim nabbed a $30 million contract from the Defense Department for painting and construction services at U.S. buildings in Guam.

The work includes surface preparation on painted and unpainted buildings, painting, taping and spackling, caulk and putty replacement, sheet-metal and concrete repair, tree trimming and cutting, among other services.

LM2 beat out seven other companies for the bid.

The Naval Facilities Engineering Command in Marianas, Guam, awarded the contract, which is expected to be completed by June 2014.

LM2 was started in August 2008 amid the construction downturn. It has focused on government work rather than the private sector and is recognized as being owned by a veteran with a service-connected disability—a designation that provides an entryway to bidding on select public projects.

“We’ve put all of our efforts into this,” said LM2 President Richard Larini, a Vietnam War veteran. “It’s difficult to get into.”

LM2’s prior government contracts include hospital projects for the Department of Veterans Affairs in Loma Linda, Long Beach and Los Angeles. It’s also in a partnership with Nebraska’s Leo A. Daily Architects on a $49.5 million Corps of Engineers contract.

LM2 currently is working on a handful of projects in Southern California.

Typical contracts range from $300,000 to multi-million-dollar jobs, according to Larini.

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