Sureties prevent Texas project losses; e-mails show fiscal concerns

03/6/2013 | KSAT-TV (San Antonio)

Several road projects across Texas were stalled when the contractor in charge of them filed for bankruptcy protection. E-mails between government officials and the company show that concerns arose even before the company stopped operating in December. The projects, however, were covered by sureties that have protected Texas and the city of San Antonio from losses associated with the defaults.

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KSAT-TV (San Antonio)

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