Riverside, California 2022-05-21 17:02:41 –
Corpus Christi, Texas — On May 20, 2022, Burnside Services, Inc. (BSI) completely closed its business, leaving several Lockport projects unfinished.
The remaining active sites include drainage projects at S.Ann / Hackberry, Market @ Church, Sabinal / Orleans / Magnolia, and ConchoSt.
Tommy Burnside, BSI’s vice president, said, “Mainly due to rising material / diesel costs, lack of inflation adjustment clauses in the construction industry, and poor management of the company’s past, it was impacted by increasing financial challenges. The reason for abandoning the commitment is given.
The City of Rockport is working with project engineers and performance bond companies to quickly identify alternative contractors who may be able to participate and complete the work.
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Rockport city contractor abandons job Source link Rockport city contractor abandons job