Sureties work to finish Texas projects; contractor looks to sell assets

01/16/2013 | Valley Morning Star (Harlingen, Texas)

A contractor that has defaulted on construction projects and filed for bankruptcy protection is trying to sell some of its assets, and surety companies are working to ensure the completion of the projects in question. The contractor had been involved with more than 20 projects throughout Texas. "The surety companies are on schedule to restart work on these projects in a phased approach starting in January and February," according to a spokeswoman for the Texas Department of Transportation.

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Valley Morning Star (Harlingen, Texas)

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