Benchmark Construction Services, LLC
How we got $6.3M
Based on its 23 employees and its payroll, both reported for PPP in 2020 and brought up to date.
What we know
Signs of a sale Unlikely to sell soon
- In business 22 years (since 2004)
From public records and the company's website, not a statement that it's for sale.
What they do
Benchmark Construction Services, LLC is an Oklahoma engineering firm that specializes in road and bridge construction management, construction materials testing, utility relocation coordination, and other field services.
From the company's website. Industry: Engineering & architecture.
Customers & suppliers
Customers
- Oklahoma Turnpike Authority · named on its website
- ODOT · named on its website
- City of Moore · named on its website
Estimated value over time
▲ 90% since 2020Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Employees over time
▲ 87% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 23 | $5.0M |
| 2021 | Form 5500 | 32 | $7.0M |
| 2022 | Form 5500 | 38 | $8.3M |
| 2023 | Form 5500 | 34 | $7.4M |
| 2024 | Form 5500 | 34 | $7.4M |
| 2025 | Form 5500 | 43 | $9.4M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| BENCHMARK CONSTRUCTION SERVICES, LLC this business | $8.4M | — |
| Rhino Labs Norman | $2.0M | 0.2 mi |
| Bnb Technology Norman | $2.0M | 0.2 mi |
| Chop Southwest Inc Norman | $2.0M | 0.9 mi |
| SOLARIGHT LIGHTING, LLC Norman · 2 employees | $586K | 1.2 mi |
| FoggyOps Norman | $2.0M | 1.2 mi |
| Acer Analytical Llc Norman | $2.0M | 1.2 mi |
The full calculation
| Employees reported to the SBA | 23 |
| Revenue from headcount (employees × revenue per employee for companies this size) | $6.9M |
| Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size) | $7.9M |
| Estimate: the two combined (geometric mean) | $8.4M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $1.2M |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $6.3M |
| Multiple for this size and industry | 5.2× |
| Value range | $3.3M – $8.6M |
| Revenue range | $5.5M – $9.6M |
| EBITDA range | $798K – $1.4M |
| Industry (NAICS) | Engineering Services (541330) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
“We build bridges to the future, training and mentoring the next generation of transportation professionals.”
Leadership
- CHCharles Hinkle, P.E.Southeast Team Leader · Company website · source
- BGBrian Glover, P.E.Chief Technical Officer · Company website · source
- JOJeriah Orth, P.E.Materials Team Leader · Company website · source
- JBJohn Boevers, P.E.South Team Leader · Company website · source
- BMBrad Mirth, P.E.Utilities Team Leader · Company website · source
- LMLuis Malave, P.E.Central Team Leader · Company website · source
- DWDominique Weathers, P.E.Northeast Team Leader · Company website · source
- BWBobby Williams, P.E.Chief Operating Officer · Company website · source
- JHJay Henry, PHRChief People Officer · Company website · source
Advisors
- BankingBancFirstPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| BancFirst PPP 2020, PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/5/2020 | first | $358K | 22 |
| 1/30/2021 | second | $461K | 23 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Benchmark Construction Services, LLC
Benchmark Construction Services, LLC is an engineering & architecture company in Norman, Oklahoma, in business since 2004. It is owned by Rick Bond, P.E. (Chief Executive Officer). Its estimated annual revenue is about $8.4M, with roughly $1.2M of EBITDA. It has about 43 employees. Its estimated business value is $6.3M (likely range $3.3M–$8.6M).
Common questions
- Who owns Benchmark Construction Services, LLC?
- Benchmark Construction Services, LLC is owned by Rick Bond, P.E. (Chief Executive Officer), according to public sources such as the company's website or filings.
- How much revenue does Benchmark Construction Services, LLC make?
- SeeBITDA estimates Benchmark Construction Services, LLC's annual revenue at about $8.4M (likely between $5.5M and $9.6M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Benchmark Construction Services, LLC worth?
- About $6.3M, roughly 5.2× its estimated EBITDA of $1.2M, typical for a engineering & architecture company its size. Likely range: $3.3M–$8.6M.
- How many employees does Benchmark Construction Services, LLC have?
- About 43, from its 2025 retirement-plan filing.
- When was Benchmark Construction Services, LLC founded?
- Benchmark Construction Services, LLC has been in business since 2004.