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Contractor servicing some of Northern
Virginia’s major roads abruptly closes

Original Article

Posted By: Ribicon, 10/31/2021 7:26:52 PM

A contractor providing roadway maintenance to portions of Interstate 66 and the Capital Beltway in Northern Virginia abruptly closed in late October, citing material costs, labor shortages and a loss of funding from its primary lender. DBi Services provided maintenance services to Interstate 66, Interstate 495 and the Woodrow Wilson Bridge, including drainage, mowing, guardrail repairs, debris and roadkill pickups, and incident response, according to the Virginia Department of Transportation. The company also maintained all of Northern Virginia’s rest areas. “Macroeconomic forces as a result of the COVID-19 pandemic, including supply chain disruptions, higher material costs and the labor shortage, coupled with increased financial requirements from sureties and lenders,


Labor shortages, you say?

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Reply 1 - Posted by: BarryNo 10/31/2021 7:29:24 PM (No. 962933)
If you don't obey the Masters, expect to starve.
5 people like this.

Reply 2 - Posted by: Strike3 10/31/2021 7:43:08 PM (No. 962950)
A beautiful state will soon look like Venezuela, especially if the Tuesday election is dishonest.
15 people like this.

Reply 3 - Posted by: anniebc 10/31/2021 7:45:58 PM (No. 962953)
Brandon and crew, making America dangerous everywhere.
13 people like this.

Reply 4 - Posted by: Northcross 10/31/2021 7:52:29 PM (No. 962963)
Early casualty of "Build Back Better"
17 people like this.

Reply 5 - Posted by: Attila DiMedici 10/31/2021 8:00:07 PM (No. 962973)
I have a friend who works in a smaller company whose major business is that sort of contracts. Many of those contracts do not have any escalation clauses, meaning that if the company bid the 5 year contract figuring that the labor cost would $15 an hour (making that number up, I do not know what their labor costs are, or were) and they have to start paying $20, or more, an hour, they have to eat the difference. My friend is concerned that labor costs will rise fast enough that they will lose money on their contracts which do not have escalation clauses. I suspect that is what happened here. This company had a bunch of contracts without escalation clauses and they were losing money on them. Based on things my friend's company has done, they may have even borrowed money to buy equipment necessary to fulfill the contract with the idea that the profits on the contract would more than cover the interest on those loans.
14 people like this.

Reply 6 - Posted by: DVC 10/31/2021 8:09:00 PM (No. 962986)
Collapsing everything, everywhere. Root cause....Demonrats in charge.
18 people like this.

Reply 7 - Posted by: downnout 10/31/2021 8:20:31 PM (No. 962992)
Atlas is shrugging.
17 people like this.

Reply 8 - Posted by: BeatleJeff 10/31/2021 8:26:38 PM (No. 963001)
Add this to KKK Blackface's legacy.
4 people like this.

Reply 9 - Posted by: Toby Ten Bears 10/31/2021 8:32:43 PM (No. 963007)
This is what the D-RATs want... it's on purpose. They hate us.
8 people like this.

Reply 10 - Posted by: Birddog 10/31/2021 9:36:04 PM (No. 963029)
Bet there was "enough money" from the Feds to build New Sound Walls in the area...just not money to "maintain" the existing roads/bridges.
4 people like this.

Reply 11 - Posted by: Trigger2 10/31/2021 11:05:29 PM (No. 963075)
No workers coupled with higher prices. So what good is that skinny infrastructure bill being held up by the House going to work? Will the money be sent to China for road signs touting Joey?
5 people like this.

Reply 12 - Posted by: Flyball Dogs 10/31/2021 11:08:31 PM (No. 963078)
Careful, NOVA. You’ll soon be like inhabitants of flyover country. And should you come to your senses and vote Republican, you’ll become a Deplorable. Egads.
5 people like this.

Reply 13 - Posted by: ladydawgfan 11/1/2021 12:59:18 AM (No. 963125)
RE #7: Atlas looks like an epileptic these days!!
2 people like this.

Reply 14 - Posted by: Amanoftwistsandturns 11/1/2021 8:49:11 AM (No. 963293)
Anyone who has driven 66 or the Beltway can tell you that road kill is a real problem. This is going to get bad quickly.
1 person likes this.

Reply 15 - Posted by: red1066 11/1/2021 10:03:43 AM (No. 963392)
This is a big deal for those people who work in D.C. or Northern Virginia as it's the main highway to and from D.C. heading east and west. It's always under construction. It never ends.
0 people like this.

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