AGREEMENT This agreement made this 14th day of June, 1998 between Rapid Demo with its principal office located at 405 92nd Street, Brooklyn and Iroquois Wrecking Corp. with its principal office located at 37-65 39th Street, Long Island City, N.Y....

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                                                                   EXHIBIT 10.12


                          IROQUOIS WRECKING CORPORATION
                                00-00 00xx Xxxxxx
                           Xxxx Xxxxxx Xxxx, XX 00000
                     Tel: (000) 000-0000 Fax: (000) 000-0000



June 14, 1998


                                    AGREEMENT


This agreement made this 14th day of June, 1998 between Rapid Demo with its
principal office located at 000 00xx Xxxxxx, Xxxxxxxx and Iroquois Wrecking
Corp. with its principal office located at 00-00 00xx Xxxxxx, Xxxx Xxxxxx Xxxx,
X.X. 00000, for the demolition of the Queens Hospital Center located at 000xx
Xxxxxx, Xxxxxxxx X, Xxxxxx, X.X. in accordance with plans and specifications
prepared by The State of N.Y. Dormitory Authority for the lump sum of Two
Hundred Ninety Thousand ($290,000.00) Dollars.

The following is a list of what Rapid is to perform and a list of what Iroquois
is to perform.

                                   RAPID LIST

1.    Rapid is to furnish the insurance and the bond to the Dormitory Authority.

2.    Rapid will make all payrolls and provide a full time representative on the
      job.

3.    Rapid will secure and pay for all engineering and permits required to
      accomplish the work. All utilities will be disconnected and paid for by
      Rapid Demo.

4.    All reports to the Dormitory Authority will be the responsibility of
      Rapid.

5.    A telephone and fax machine will be paid for by Rapid Demo.

6.    If a trailer is required by the Dormitory Authority, it will be furnished
      and paid for by Rapid Demo.

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                     IROQUOIS'S LIST OF WORK TO BE PERFORMED

1.    Iroquois will furnish all labor, machinery and material to complete the
      contract, (including fences)

2.    Iroquois will pay for all trucking, dump fees and trucking of every kind
      and description.

3.    All salvage to become the property of Iroquois.

4.    Any additional backfill required will be paid for and furnished by
      Iroquois Wrecking Corp.

No environmental work is included in this contract. It is the intent of this
agreement that Rapid will manage the job and Iroquois will perform the
demolition and backfilling. If there are changes in the contract Rapid Demo and
Iroquois Wrecking Corp. agree to negotiate a fair extra or deduct for both
parties.


The signing by both parties shall constitute an agreement between:





         RAPID DEMOLITION               IROQUOIS WRECKING CORP.


         [SIG]                          [SIG]
         ------------------------       --------------------------------
         (President)                    (General Manager)