Construction Services

VERTEX understands that time is of the essence in these situations so we are prepared to mobilize to projects on a moment’s notice. Once on site, we work diligently to complete all contract work in a safe, efficient, and quality manner. In addition, we aggressively pursue closeout from the onset of a project to prevent all too common delays with the completion of the last five percent of construction projects. VERTEX is unique in that we have in-house engineers and architects to assist in resolving defective work and proposing reasonable solutions when necessary.

Surety Completion Contracting

VERTEX provides completion contracting services on projects of all types and sizes where the original contractor does not complete its contract work due to a termination for convenience or for cause. VERTEX understands the subcontractor ratification process and intricacies involved in the proper estimation of partially completed work. VERTEX completes partially completed and typically distressed projects throughout the globe. While serving as a completion contractor, VERTEX maintains the best interests of the surety through the course of construction.

Construction Project Management

VERTEX has specialized skills to manage and deliver quality construction project management. Whether at the pre-construction phase or midway through the project, VERTEX provides practical management approaches to support the successful execution of any construction project. VERTEX can manage all aspects of a construction project, from estimating, bidding and awarding to planning, scheduling and on-site and safety management.

Construction Punch List Closeout

Construction closeout actually begins in the design stage when the specifications are prepared. If brought in early in the project, VERTEX can assist in the development of the closeout specifications, mapping out required construction closeout procedures, submittals and warranties. If VERTEX becomes involved at later stages of the project, VERTEX will reference closeout specifications and punch lists and assure they are adhered to and accomplished without delay.

Staff Augmentation

Often times VERTEX is called upon to augment the surety’s staff be it assisting in claim writing or acting as the Owner’s Representative on behalf of the surety. Some of our Staff Augmentation Services include project scheduling, project engineering, assistant project management, senior project management, quality control, safety, risk management, assistant superintendence, and general superintendence. 

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Key Personnel

Michael Pellegri

Michael Pellegri, CCM

Executive Vice President, Construction

Michael Pellegri has over 20 years of supervisory expertise on a wide variety of construction projects, ranging from $100 thousand to $400 million in contract values. He is an extremely strong willed individual who excels in large challenging projects requiring leadership and organization. Mr. Pellegri understands the importance of contract management as well as project cash flow and has successfully completed prime projects on all levels, including direct bid, joint venture, design build, and surety completion. In addition, he has pioneered several project systems for VERTEX, which are successfully being utilized on projects throughout the country. Mr. Pellegri’s diverse background in construction project management, coupled with his understanding of surety business needs, makes him uniquely qualified. 

Jack Martin

Jack Martin, LEED AP

Vice President, Completion Contracting

Jack Martin has over 24 years of experience planning and managing construction projects from inception to turnover. He has extensive experience in all phases of project management including contract drawing and specification development, design team management, project budgeting and estimating, subcontractor solicitation and contract writing, management and coordination with all governmental authorities and management of all subcontractors and suppliers. Mr. Martin is an excellent strategist with the experience and ability to quickly identify problems and implement effective solutions necessary to meet goals. He is also very skilled at prioritizing goals and working under deadlines while maintaining budget and schedule. Mr. Martin is also experienced in subcontractor payment bond claim analysis and resolution. 

Jerry Librizzi

Jerry Librizzi

Division Manager, Surety

Jerry Librizzi is the Division Manager for VERTEX in the Mid-Atlantic Regional office, responsible for all VERTEX activity throughout the states of North Carolina, South Carolina, Tennessee, Georgia, Virginia, West Virginia, and Kentucky. Mr. Librizzi has worked in all areas of the construction industry with both national and international experience for public as well as private sector work. His experience spans all construction delivery methods including general contracting, construction management, Owner representative and design/build approaches. Mr. Librizzi’s 30 year career in the construction industry has afforded him an in-depth knowledge and clear understanding of the overall construction process and management of complex construction sites.

News

VERTEX Acquires Compass Project Management, Inc.

January 18, 2019

The Vertex Companies, Inc. (VERTEX) is pleased to announce the acquisition of Compass Project Management, Inc. (Compass). “To VERTEX this acquisition is about joining forces with an amazing company whose mission and core values are aligned with ours.” said Jeff Picard, President of VERTEX. “Together we believe we will create more value to our employees and…

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VERTEX CEO, Bill McConnell, to Present at AGC’s 2019 Conference on Surety Bonding and Construction Risk Management

January 16, 2019

On Monday, January 28th, VERTEX CEO, Bill McConnell, will be presenting on the State of the Construction Industry at AGC’s 2019 Conference on Surety Bonding and Construction Risk Management in Bonita Springs, Florida. AGC’s annual Conference on Surety Bonding and Construction Risk Management focuses on the thought leaders in the field of construction risk management, including the…

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VERTEX's Mark Degenaars to Speak at 2019 Fidelity & Surety Law Midwinter Conference

January 14, 2019

On January 17th and 18th, VERTEX’s Mark Degenaars, Managing Director of Construction Services, will be speaking on two panels at the Fidelity & Surety Law 2019 Midwinter Conference in San Diego, CA. Thursday, January 17th at 2:00 PM Performance Bond Surety’s Exposure to Damages The obligee’s ultimate goal in pursuing relief under a performance bond is the recovery…

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VERTEX's Henry Stormer Receives Certified Fire Protection Specialist Credential

January 10, 2019

Henry Stormer, National Fire Investigation Division Manager for VERTEX, was recently awarded the Certified Fire Protection Specialist credential. The Certified Fire Protection Specialist (CFPS) credential was created in 1971 to recognize, through certification, qualified individuals who are dedicated to curtailing fire loss, both physical and financial, and who have acquired a level of professionalism through applied work…

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Happy Holidays from VERTEX

December 21, 2018

VERTEX would like to thank our clients, vendors, and employee-owners for your continuous support throughout 2018. Take some time during the holidays to relax and enjoy the company of family and friends.  Best wishes for a wonderful holiday season and a great start to 2019!

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Blog

Measuring the Reasonableness of Completion Costs Post Termination: Part 3

April 12, 2018

So far, we have covered how to determine if completion costs are reasonable and which completion costs should be considered reasonable. As we conclude our series, we will discuss which completion costs should not be considered reasonable. What Costs are Not Reasonable for Recovery? Costs may have been incurred in the completion of the work that are…

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Ladder Safety Training Video

April 11, 2018

According to the National Institute for Occupational Safety and Health (NIOSH), over 500,000 people are treated each year for ladder related falls. Whether you use a ladder out in the field, in your workplace or at home, safety should always be your number one priority.  At VERTEX, safety is part of our culture. We recently hosted…

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Measuring the Reasonableness of Completion Costs Post Termination: Part 2

April 2, 2018

Last week, we discussed how to determine if completion costs are reasonable. As we continue the series, we will discuss which construction completion costs should be considered reasonable. When Are Costs Deemed Reasonable? Reasonableness can be a subjective determination. In cases of construction contracts under federal contracting guidelines, the Federal Acquisition Regulation (FAR) contemplates that…

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Occupational Health & Safety Standards in Canada

March 27, 2018

In Canada, Occupational Health and Safety (OH&S) is covered by Acts (legislation) or statutes and other related regulations promulgated under federal, provincial, and/or territorial regulations. Regardless of jurisdiction, the key components of OH&S regulations in Canada are similar across the country. However, the details of the legislation, the mechanism of implementation, and enforcement may vary…

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Measuring the Reasonableness of Completion Costs Post Termination: Part 1

March 20, 2018

If an owner terminates its contractor for cause, or if a general contractor or construction manager terminates one of its subcontractors for cause, it owes the terminated party as well as its surety, if applicable, a duty to incur only the reasonable and necessary costs to complete the work.[1] In other words, the non-default party…

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