We just finished a conference call with Cityside pertaining to new coverage in Virginia.  We included the Contact Information Below.  By in large, the call went as most go:  an overview, a few questions and marching orders. The pricing is as most also go:  break even on many, below on a few and above on some items.  My understanding is that  Cityside is not a Prime Vendor on this Contract so the pricing is going to be reflective of such.  With that said, I wouldn’t count this Contract out.  No one is going to get rich on this Contract; however, it could become a steady revenue source.

The overall jest of the presentation dealt with the fact that Cityside is absorbing a REO/P&P Contract.  Generally speaking, we are talking about changing locks (standard HUD Key Codes), installing lock boxes (3 and 4 letter/number), winterization, debris removal, initial grass cuts and minimal bid performances.  Cityside is using In Field as its order platform.  This is a pretty easy platform once you master the overall concept.  It runs on both Internet Explorer and Google Chrome.

Cityside Point of Contact For Virginia Contract

Alan Forniss

aforniss@citysidecorp.com

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