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CGT Contractors & Developers Ltd.


A Bahamian-owned, family operated company, CGT Contractors & Developers Ltd., has found success for half-a-century by believing in quality and integrity above all else. “We’re prepared to go the extra mile to make sure the client gets everything they deserve and is extremely pleased with the final product,” President Larry Treco says.

“When we sign a contract, we do whatever it takes to satisfy [that] contract,” he says. “We’re committed to excellent workmanship and satisfying the customer.”

Carl G. Treco started the Nassau, Bahamas-based company in 1963. A native of the Bahamas, Treco initially came to Nassau in 1942 to work for Pleasantville Construction. When he started CGT more than two decades later, he primarily focused on residential projects. Today, Carl’s sons, Larry Treco and Wayne Treco, run CGT’s day-to-day operations, and together with the third generation of Treco’s – Ryan Treco and Nicole Knowles – they work to ensure the continued success of this family legacy.  

As the company has grown, it has expanded its portfolio to include commercial, resort and industrial work that includes millions of square feet of multi-story office buildings, commercial shopping centers, luxury condominiums and townhouses, hotel and resort developments, and industrial facilties.  Additionally, CGT has become one of the leading general contractors in the Bahamas. “It’s a small community and you can’t survive by focusing on one type of construction,” he says. “We do everything from renovations to civil, structural, commercial and power plants. [We run] the full gamut.” 

Survival Strategies

Larry Treco has more than 40 years of experience in the construction industry. He joined CGT in 1977 and is a longtime member of the Order of Engineers of Quebec, the Canadian Society of Engineers, the Engineering Institute of Canada, and the Bahamas Institute of Professional Engineers.

His experience includes the Great Ruaha Power Project in Tanzania, East Africa and power plant bases for Prudhoe Bay Alaska while working for Shawinigan Engineering of Montreal; and numerous residential and commercial projects in New Providence, including two power plants at Clifton Pier for the Bahamas Electricity Corp. 

Treco notes that the economy in the Bahamas is now in the middle of a slowdown. “A lot of the work in the Bahamas is a result of foreign investment and second homes for wealthy foreigners,” he says. “If you have a downturn in the worldwide economy, our construction industry feels it.”

CGT also successfully meets another unique challenge of operating in The Bahamas – managing projects across an entire chain of islands. “Each island has challenges with shipping and management,” he admits, noting that working on each one “is like working in another country.”

When traveling to work on other islands, CGT has extensive forethought and detailed pre-planning.  Even the supplies normally thought of as easily obtainable will sometimes require days or weeks to get on site. “You can’t go down to Home Depot when you’re working on the other islands,” he says. “You have to bring almost everything there.”

Delivering More Value

CGT’s recent projects include the new, $20 million, 30,000-square-foot Harry C. Moore Library at the College of the Bahamas (COB) in Nassau – CGT’s first project for the COB.

“The college needed to have a library built because they are in the process of trying to get university status,” he says, adding that the college initially approached CGT for value-engineering services.

Although CGT was the lowest bidder on this project, “We were still above their budget,” Treco recalls. “We worked with them on our ‘value-engineering’ to get them within their budget.”

One area where the company was able to reduce cost without hurting quality was with the type of construction. “As all the exterior walls were curved, we went from a regular, reinforced concrete frame to [the quad-lock system],” he says.  Unlike traditional concrete, the quad-lock panel can be “bent to any diameter you want, as opposed to creating all the curved forms of plywood, which is a more laborious and expensive exercise,” he says. 

Keeping Busy

CGT is currently at work on several projects, which include a 40,000-square-foot store in Nassau for Automotive & Industrial Distributors and a 20,000-square-foot residence in Harbour Island, Bahamas. The company is also finishing the construction of a large reinforced concrete foundation for an electrical turbine generator for the Bahamas Electricity Corp.

The utility is installing a new turbine generator to meet current demands. “The turbine is a large engine and special care must be taken when casting the anchor bolts used to secure the generator in place so that it performs as specified,” Treco says.

Looking ahead, Treco says CGT plans for continued success. “We feel we’ve been very successful, and are proud to be celebrating 50 years of serving The Bahamas,” he says. “We look forward to the company not only maintaining its position as a leader in the industry but also continuing to grow.”

Key Players 

CGT’s experienced team also includes Vice President Wayne Treco, who has over 30 years in the construction industry. Treco joined the company in 1981 and has overseen construction management and public projects, as well as renovations and additions.

He also has had an impact on the company’s procedures. During his time at CGT, Treco has improved its estimating and cost control systems by implementing software programs including MC2, Timberline and Primavera P6, enabling the company to obtain maximum efficiency and remain at the technological forefront of its industry.

Another member is Managing Director Michelle Nottage, who joined CGT in 1984 as its Financial Controller. She carries more than 35 years’ experience in finance.

Today, Nottage oversees CGT’s financial business and manages the company’s accounting department. Additionally, she is constantly liaising with the quantity surveyors to keep a close watch on job costs and also is the administrator for both the accounting and construction planning networks.

Senior Quantity Surveyor Graham Benham has been with the company since 1997 and has more than 30 years of experience with major engineering, quantity surveying and general contracting firms.  In his role, Benham is responsible for estimating and bid submissions, budget and procurement management, which includes order placements and monthly applications.

Ryan Treco is project controls manager, joining CGT in 2010 after graduating from Florida International University in 2000 with a Bachelors of Science in Construction Management.  He spent 10 years working for Turner Construction, of which two years were spent working on the Federation Tower Complex in Moscow, Russia, with the remainder being on numerous projects throughout the United States.