Are you pre or post LOI? Any QoE checklist is probably going to be fairly similar. Josh's list is probably a good place to start, I can share mine as well but again it's probably not going to be too different. Areas I would focus on ^redacted‌ are people costs, vendor costs and contracts, and customer costs and contracts. Depending on the type of concrete jobs they do, the concrete delivery (and thus contract) is going to be a major differentiator.

For this kind of business, DD should focus on : • Backlog and contracts - what jobs are left, whether they’re fixed-price or time-and-materials, how often change orders happen, and whether jobs usually end up making more or less money than planned • Job costing - how accurate estimates are compared to actual costs, how often jobs get written down, and whether WIP accounting is done consistently • Labor - union vs non-union crews, overtime usage, how productive crews really are, and how dependent the company is on a few key foremen or project managers • Equipment - age and condition of trucks, mixers, pumps, and forms, how much maintenance is being deferred, and what major equipment will need replacing soon • Customers and projects - reliance on a few builders, developers, or municipalities, and how exposed the business is to slowdowns in local construction • Cash flow - retainage, billing delays, timing of changeorder approvals, and how weather or seasonality affects cash needs