Weeks after the Texas Dept. of Transportation defaulted a big Mexico-based contractor on at least five road projects, little is known about what happened or why.
The projects, in Houston, Beaumont and El Paso, all are backed by surety guarantees. Zurich North America provided Tradeco Infrasestructura surety bonds for at least one of the projects, according to a TexDOT district engineer involved with one of the defaults.