CODE OF ETHICS

Competition. Moseley competes fairly for contracts, avoiding any practice that might be construed to be in violation of the letter or spirit of the antitrust laws. Moseley avoids any activity that could be construed as bid shopping or peddling. Moseley does not knowingly violate any law or regulation governing the competitive process.

Qualifications. Moseley seeks to perform contracts only for projects for which the firm has the technical competence and experience. Moseley does not accept contracts for which it is not qualified. Moseley assigns staff to projects in accordance with their qualifications and commensurate with the demands of the services to be provided under the contract.

Standards of Practice. Moseley provides materials and services in a manner consistent with the established and accepted standards of the construction industry and with the laws and regulations that govern it. Moseley performs its contracts with competence, reasonable care and diligence. Moseley establishes prices that are commensurate with its services. Moseley serves our customers with honesty and integrity.

Conflicts of Interest. Moseley endeavors to avoid conflicts of interest, both corporate and individual. Where a corporate conflict exists, Moseley will disclose such conflict to its customer or prospective customer. Moseley regularly educates its staff about personal conflicts of interest and has established a procedure for internal disclosure.

Public Safety. Moseley assures that the safety of its employees, the employees of others on the job site, and the general public are protected during the provision of its services.

Service Providers and Suppliers. Moseley treats its service providers and suppliers in a equitable manner, assuring that they are provided clear direction and prompt payment for service provided. The firm does not knowingly violate any law or regulation governing such relationships.

Employees. Moseley complies with the letter and spirit of laws relating to working conditions, equal employment opportunities, and pay practices. Moseley does not knowingly violate any law or regulation dealing with employment.

Public Information. Moseley assures that all public statements and disclosures it makes are truthful. Moseley also protects the proprietary interests of its customers.

Compliance with Laws. Moseley does not knowingly violate any law or regulation.

Image of the Construction Industry. Moseley avoids actions that promote its own self-interest at the expense of the construction industry and upholds the standards of the construction industry with honor and dignity.

Internal Procedures. Moseley has established internal procedures under which its failure to conform to the above practices will be handled. Each year, Moseley reviews this code of ethics and its internal procedures with each of its employees. If an employee, customer or other individual becomes aware of a circumstance in which Moseley or an employee of Moseley fails to conform to the above standards, he/she should immediately report such circumstance to the President, Mr. Johnny D. Moseley. The President will initiate an investigation of and otherwise resolve the reported issue.