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New Mexico Ethics in Business Awards Recipients - Large Business: French Mortuary
 

Click on the following links for more information on the 2003 recipients:

Reid & Associates, Inc.

Their vision statement announces that the reputation of Reid and Associates, Inc. for service, integrity and quality projects should be unsurpassed in the industry. This statement is the goal of their design professionals and sub-contractors.

Reid & Associates, Inc. institutes a 360° evaluation for every project which helps the company ensure their service, integrity and quality. This evaluation is a comprehensive questionnaire for the building owner, project coordinator, sub-contractor, designer, project manager and superintendent. Each of the stakeholders are asked to complete a self review and a peer review. Questionnaire topics include financial management, accuracy, safety, quality control and relationships. Jeff Olivera, a long time client, says there are no hidden surprises with Reid & Associates Inc.; instead there is always clear, consistent communication.

Employees enjoy generous benefits that are above the industry standard. For example, upon completion of projects, employees and administrators receive 20% to 40% bonuses while the industry average is 3% to 5%.

Sub-contractors and suppliers for Reid & Associates, Inc. describe a strong and trustworthy relationship. Aztec Mechanical says many companies line up to work with Reid & Associates, Inc. Moreover, they are known for paying their sub-contractors in a prompt manner that exceeds the industry standard.

Reid & Associates, Inc. has been in business for 15 years in the Albuquerque/Rio Rancho area relying on word-of-mouth advertising. While they are a small business with only 15 employees, they are a strong economic force in the region with $6-8 million of profit each year. For this year's recipient of the 2003 New Mexico Ethics in Business Award for a small-sized business, ethical principles have translated into healthy profits and the respect of the community.