All posts by SEO Team

Virtual Design and Construction Markets See Rapid Growth

What Is Virtual Design and Construction? Virtual Design and Construction (VDC) originated at Stanford University in 2001 in an effort to increase productivity in the construction industry, which was lagging behind all other non-farm industries in terms of productivity improvement. VDC leverages the power of digital technology to integrate multiple information systems, processes, disciplines, and workflows, in a strategic, holistic approach. This can be used to design, model, plan, budget, schedule, and manage construction projects. Though much of the buzz centers on the virtual modeling of designs, virtual design and construction is as much about the information flows between and among project personnel as it is about 3-D modeling. Surety Bond Professionals is a family owned and operated bonding agency with over 30 years of experience. With access to a broad range of surety markets, our expert agents are ready to assist with all of your construction bond needs. A Rapidly Growing Virtual Design and Construction Market The rapidly growing demand for virtual design and construction–which is expected to accelerate–is due in part to increase demand for residential and commercial construction. It is also driven by the increasing complexity of customer demands and building processes. The impressive growth of...

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Construction Drones: The Industry’s Secret Weapon

In the last five years, no industry has seen greater growth in using drones than construction, with a year-over-year growth rate of 238%. (Mining is a distant second.) To maintain or grow market share, builders may need to acquire their own aerial image acquisition and aerial data analysis capabilities or develop relationships with providers that specialize in construction drones. Surety Bond Professionals is a family owned and operated bonding agency with over 30 years of experience. With access to a broad range of surety markets, our expert agents are ready to assist with all of your construction bond needs. How Construction Drones Work Drones, also referred to as UAVs (short for unmanned aerial vehicles) are airborne robots. Drone pilots fly some on the ground using remote control. Others are capable of autonomous flight by using computer vision and artificial intelligence algorithms to make movement decisions without the guidance of a human pilot. Every drone communicates with a ground control station, either a remote controller operated by a pilot or a computer, via a data link. The drones used in construction have built-in cameras that acquire visual images and transmit digital image data over the data link. They equip some...

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Enbridge Line 5: Great Lakes Tunnel

Enbridge Inc., a multinational pipeline company headquartered in Calgary, Alberta, Canada, is embroiled in a decade-long controversy over the construction of the Great Lakes tunnel beneath the Straits of Mackinac connecting Lake Michigan to Lake Huron.  The company’s intent is to route a segment of Line 5–part of a system of Enbridge pipelines carrying oil from western Canada to eastern Canada–through the proposed tunnel. The segment of Line 5 that passes through the environmentally sensitive Straits of Mackinac consists of two 20-inch diameter pipes running parallel, about 1,000 feet apart, for 4.5 miles at a depth of up to 270 feet. These two pipes carry a total of 23 million gallons of crude oil and petroleum products per day and are known as the Great Lakes Tunnel or Enbridge Line 5. Surety Bond Professionals is a family owned and operated bonding agency with over 30 years of experience. With access to a broad range of surety markets, our expert agents are ready to assist with all of your construction bond needs. Great Lakes Tunnel: A Controversial Project They completed construction on Line 5 in 1953 but, despite its age, Enbridge states it’s in good condition other than the outer...

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Buffalo Bills New Stadium

The lease on the Buffalo Bills’ current home, Highmark Stadium, expires in 2023, and planning efforts for relocating to a new stadium started in 2014. The team, Erie County, and New York State, recently arrived at an agreement to build a new 60,000 seat stadium, with a price tag of $1.4 billion, in Orchard Park. An architectural firm has been hired, but they have yet to select a construction contractor for Buffalo Bills new stadium, and no date has been projected for breaking ground. Surety Bond Professionals is a family owned and operated bonding agency with over 30 years of experience. With access to a broad range of surety markets, our expert agents are ready to assist with all of your construction bond needs. Tax Payer Money to Pay for Buffalo Bills New Stadium Although the Bills will design and build Buffalo Bills new stadium, they will pay it for through a public-private partnership. The Bills have made a $550 million commitment while the public contribution is anticipated to include $600 million from the state budget and $250 million from Erie County, for a total of $850 million in public funds–reportedly the largest taxpayer contribution ever for a professional...

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Amazon HQ2

Amazon’s highly publicized search for an east coast home for its second headquarters, dubbed Amazon HQ2, ultimately resulted in a plan for construction on two sites in Arlington, Virginia. The project is proceeding in two phases at a total cost of more than $2.5 billion. Surety Bond Professionals is a family owned and operated bonding agency with over 30 years of experience. With access to a broad range of surety markets, our expert agents are ready to assist with all of your construction bond needs. Phase 1 of Amazon HQ2 Construction of two 22-story towers for Amazon HQ2 started in January 2020 on what has become known as the Metropolitan Park site—Phase 1 of the project—with completion on track for mid-2023. In addition to the two solar-powered office towers, the Amazon HQ2 site will include more than 50,000 square feet of retail space, including a daycare center, a 2-acre public park, and a meeting center available for use by the community at no cost. The buildings’ rooftops will feature a café, dog run, and urban farm terrace. Phase 2 of Amazon HQ2 Phase 2 involves the construction of “The Helix ” on the PenPlace site, which required the FAA...

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California High-Speed Rail

The California High-Speed Rail (CAHSR) grew out of a vision of a “bullet” train spanning the 800 mile distance from Sacramento to San Diego. The environmental benefits of a system of zero emission trains powered entirely by renewable energy are undeniable. When completed, the electrified high-speed rail will keep more than 3,500 tons of pollutants out of the air per year. Surety Bond Professionals is a family owned and operated bonding agency with over 30 years of experience. With access to a broad range of surety markets, our expert agents are ready to assist with all of your construction bond needs. When Phase 1 of the California high-speed rail system is completed, CAHSR will connect Los Angeles and San Francisco, allowing passengers to make the 380 mile trip, without transfers, in 2 hours and 40 minutes, with a maximum speed of more than 200 miles per hour. Phase 2 will extend the California High-Speed rail system southward to San Diego and northward to Sacramento. The project owner is the state of California, through the California high-speed rail Authority (CHSRA).  The Cost of the California High-Speed Rail The project is proceeding in segments as funding becomes available, with different contractors...

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Samsung Chip Factory

On November 24, 2021, South Korean tech giant Samsung Electronics announced its selection of Taylor, Texas as the site for its new semiconductor manufacturing facility (Samsung Chip Factory), known as a “fab.” Its $17-billion budget makes it Samsung’s largest investment in the U.S. to date, with $6 billion allocated to buildings and property improvements and $11 billion to machinery and equipment. It is also the largest ever direct investment in Texas by a foreign company. Surety Bond Professionals is a family owned and operated bonding agency with over 30 years of experience. With access to a broad range of surety markets, our expert agents are ready to assist with all of your construction bond needs. Why Taylor for the Samsung Chip Factory? Taylor was selected by the Samsung Chip Factory for several reasons: Taylor is located about 35 miles northeast of Austin, which is home to an existing Samsung plant with over 3,000 employees fabricating sophisticated microchips, allowing the two sites to share some resources. The presence of several other tech companies and manufacturing facilities in the Austin area suggests that there is a local talent pool of individuals with some relevant experience. Taylor has a stable infrastructure and...

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Hyperloop Projects

The hyperloop project concept was inspired by an idea dating back to 1799 and further developed in 1904 by a freshman at Worcester Polytechnic Institute, who dubbed it the vactrain. It came to the attention of Elon Musk, who first mentioned it publicly in 2012. Initially, engineers from Tesla and SpaceX worked together on a conceptual model, the Hyperloop Alpha, which was released as an open-source design so that other companies and organizations can provide feedback on it and continue developing the technology, ideally in collaboration. Surety Bond Professionals is a family owned and operated bonding agency with over 30 years of experience. With access to a broad range of surety markets, our expert agents are ready to assist with all of your construction bond needs. How The Hyperloop Project Will Work A hyperloop high-speed transportation system has three components: a sealed, low-pressure tube or tunnel, a pod at atmospheric pressure that runs nearly free of air resistance inside the tube, and a source of aerodynamic or magnetic propulsion. A series of international hyperloop project competitions have showcased prototypes vying for first place in pod design and speed. Virgin Hyperloop conducted the first passenger test in 2020, reaching a...

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Edwards Sanborn Solar Storage Facility and Battery

Intended to help California reach its carbon reduction goals when completed in 2023, the Edwards Sanborn solar storage facility is expected to be the largest integrated solar-powered battery storage installation in the world! Terra-Gen, LLC, a leading independent renewable energy provider, is the project owner for the Edwards Sanborn solar storage facility and energy storage project, which is under construction on a 6,000-acre site in Kern County, California. Surety Bond Professionals is a family-owned and operated bonding agency with over 30 years of experience. With access to a broad range of surety markets, our expert agents are ready to assist with all of your construction bond needs. The Goal for the Edwards Sanborn Solar Storage Facility The project involves the development of a PV solar facility and all the infrastructure to support it—service roads, transmission lines both above and below ground, a conversion station, solar arrays, substation, battery storage, operations and maintenance facilities, interconnecting power (“gen-tie”) lines, etc. It will provide clean energy for more than 158,000 households and keep at least 307,000 tons of carbon dioxide out of the atmosphere every year (the amount of CO2 from a comparable amount of traditionally generated electricity). The total estimated cost...

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