51³Ō¹Ļ

51³Ō¹Ļ Surety Underwrites Oregonā€™s Largest Minority Construction Contract

Written by 51³Ō¹Ļ Surety | Oct 11, 2024 2:00:00 PM

Sometimes a construction project is more than just a building, road or green space. Itā€™s a catalyst for economic growth ā€” in this case, the source of minority job opportunities and needed improvements in an underserved area of Portland, Oregon.

The TriMet bus shelter project on Division Street is the story of how Raimore Construction became the recipient of Oregonā€™s largest minority contract, the persistence of the surety agent who placed the bond, and the support they received from 51³Ō¹Ļ Surety.

ā€œSo many things came together to make this a success,ā€ notes Darrel Lamb, regional vice president, 51³Ō¹Ļ Surety. ā€œIt was the largest job ever for Raimore and the biggest bond 51³Ō¹Ļ Surety had written. Having watched Jeff Moreland [principal of Raimore] build his company and give back to the community in many ways, I knew this was something 51³Ō¹Ļ Surety should get behind. I wanted us to grow together.ā€