A $320 million dollar highway renovation effort currently underway in Indiana involves the renovation of over 50 bridge structures along a heavily traveled interchange. It’s on time, on budget—and minimizing traffic disruption too. What’s the secret?
Winning The Contract
According to Superior Construction, key to winning the contract—and succeeding with execution—is efficient sequencing. As described in Construction Dive:
Superior Construction’s traffic control professionals developed an efficient sequence of execution to reduce the amount of traffic movement closures. This was a very important factor in scoring of the proposals which helped Superior Construction win this contract.
Superior’s design team maximized the use of infield empty spaces within the existing interchange so a major portion of the new interchange could be built “offline” while causing no disruption to existing traffic. The contract documents allowed for the movement of I-65 southbound to I-70 eastbound traffic to be shut down for 45 days. The team proposed to build this section of the interchange on a completely new alignment with an elevated overpass that would allow Superior to reduce the 45-day closure to a mere one-day closure during a weekend.
Efficiency—a beautiful thing! An important way to increase efficiency in construction is gaining control of obtaining, managing and monitoring the bid, performance and payment bonds you need. That’s exactly what you’ll do with The Partnership Account® from Colonial Surety. Let’s get you going now. Contractors who complete a brief (we promise!) pre-qualification for Colonial’s surety line of credit receive, for free, Dun & Bradstreet scores: Pre-qualify and Receive Free Scores Here!
Contractors who pre-qualify for Colonial’s surety line of credit upload a few more documents. Once approved for The Partnership Account®, you’ll:
- Use your private Owner’s Dashboard® for a personal window into your underwriting profile. Review the statistical analysis of your financial statements and free Dun and Bradstreet scores, profitability, and more.
- Access a powerful online surety management system to issue bid bonds, order performance, and payment bonds, update work in progress, check your current and aggregate limits, view open and closed bid and performance bonds, and more.
- Clearly see your bonding limits, and always have direct access to our underwriter if you need the excess capacity to bid on a job.
- Protect the confidentiality of your bids—after all, no one’s in the middle when you do it yourself, right?
Hurry, the bidding’s begun: The Partnership Account®.
Utilizing The Latest Technology
In Indianapolis, the I-65/I-70 “North Split” interchange work involves over 600,000 hours of labor, which must be completed in less then two full construction seasons. The project has benefitted from using the most updated approaches available. For example, surveying has relied on 3D modeling technologies, including aerial drone photogrammetry. The future arrives faster every day, right?
With roads and bridges across the country slated for more attention (and funding) soon, isn’t it time for you to get armed with The Partnership Account® from Colonial Surety? We’ve taken the pain out of getting, managing and monitoring the bid, performance and payment bonds you’ll need. Why not leverage our technology so you can go after new projects with speed, confidence—and the knowledge that your information is secure?
Yes Please Qualify Me For The Partnership Account® Today!
Colonial is built on reliability, affordability and dependability. Founded in 1930, we have proven long-term financial stability; we’re licensed in every single state in the U.S.; we are listed by the U.S. Treasury as an approved surety; and we’re rated “A” Excellent by A.M. Best – an accolade of which we are extremely proud. Let’s Partner!