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RESTRICTED CASH
12 Months Ended
Sep. 30, 2025
Cash and Cash Equivalents [Abstract]  
RESTRICTED CASH

NOTE 5 – RESTRICTED CASH

 

A subsidiary of the Company participates in a consortium in order to self-insure group care coverage for its employees. The plan is administrated by Benecon Group and the Company makes monthly deposits in a trust account to cover medical claims and any administrative costs associated with the plan. These funds, as required by the plan are restricted in nature and amounted to $839,215 and $1,030,606 as of September 30, 2025, and 2024, respectively. Additionally, at September 30, 2025, there was $100,000 of restricted cash in escrow per the purchase agreement with Heisey Mechanical, Ltd, an additional $366,319 in escrow related to bond requirements on certain public projects, and $67,204 in deposit guarantees. At September 30, 2024, there were additional amounts of $100,000 of restricted cash in escrow per the purchase agreement with Heisey Mechanical, Ltd, an additional $325,340 in escrow related to bond requirements on certain public projects, and $66,935 in deposit guarantees.