This submit is a part of a collection sponsored by Outdated Republic Surety.
A significant league ballpark could be a feast for the senses, from colourful fan gear to a tasty barbecue sandwich. There’s all the time loads of motion down on the sphere, however guests wish to be entertained within the stands as effectively.
That’s why stadiums are using state-of-the-art video expertise to reinforce their followers’ game-day expertise. A working example is PNC Park, the house of the Pittsburgh Pirates.
In 2022, PNC Park determined to improve its video manufacturing gear with high-definition cameras, switchers and wiring. The stadium had not too long ago spent $5.6 million to double the dimensions of its scoreboard, and it needed to benefit from the brand new show’s superior capabilities.
Texolve Digital Inc. was chosen for the $4.3 million undertaking, but it surely wanted a bond. The catch was this area of interest firm didn’t match the standard mould for contract surety. Nonetheless, Outdated Republic Surety discovered a approach for Texolve Digital to hit a house run and rating a win for PNC Park.
From sticks and bricks to high-tech
Most contract surety bonds are written for “sticks and bricks” — buildings, roads and bridges — and contractors present construction-oriented accounting info to qualify for a bond.
However what occurs when a contractor isn’t a building firm? Such was the case with Texolve Digital, a nine-person agency that designs and builds video manufacturing techniques. Bonding wasn’t one thing that Texolve Digital had expertise with.
As Outdated Republic Surety Bond Supervisor Kerry Enders explains, “With a standard surety contractor, you’re three or 4 years of construction-oriented monetary statements, work-in-progress reviews and job schedules to see if the income have held up.”
However the PNC Park undertaking was totally different. “The usual job costing that’s accomplished on a percentage-of-completion foundation doesn’t lend itself to this sort of undertaking,” he says. “We had to take a look at it another way. We needed to focus extra on their experience, how lengthy they’ve been in enterprise, their references and their job efficiency.”
In line with Enders, “Texolve Digital’s financials had been very robust, however we needed to higher perceive their work and the way effectively they carried out on earlier tasks. What helped is that we came upon their shoppers completely liked them.”
Offering a greater fan expertise
It didn’t harm that Texolve Digital already had a presence at PNC Park. The corporate has supplied technical assist for each dwelling recreation for the reason that stadium opened in 2001. One in all just a few video techniques integrators in Pennsylvania, it excels in a specialised discipline that Texolve Digital President Mike Gianutsos says consists of not more than about two dozen firms within the U.S. able to doing this sort of work.
“Stadiums want our experience to improve their manufacturing gear and supply a greater fan expertise,” he says. “Tools is getting extra refined and costly, too. Increased dynamic ranges, sooner body charges, 4K decision — quite a bit has modified.”
Texolve Digital takes a soups-to-nuts method to its tasks. “We design techniques tailor-made to our shoppers’ necessities and purchase the {hardware} to satisfy their schedule and price range. We often construct the techniques at our personal facility, then mobilize on-site to do the set up.”
For the Pirates undertaking, that meant constructing and testing techniques off-site in the course of the 2022 season. When the season was over, Texolve Digital gutted the management room and put in new gear and wiring. The undertaking was accomplished in March 2023.
Making a dream staff with Outdated Republic Surety
Gianutsos describes his expertise with Outdated Republic Surety as “stellar.” He additionally provides kudos to surety agent Wealthy Taylor of ACS Surety Bonds in Pittsburgh for putting the bond.
“When a surety firm is prepared to say they’ll stand behind you, it means quite a bit in the event you’re an unknown,” Gianutsos says. “We demonstrated what we’re able to and confirmed them different work we’ve accomplished. And primarily based on that, they had been excellent in offering a product we wanted.”
When it got here time for Texolve Digital to bid on the same undertaking on the Penguins’ PPG Paints Area, there was little question who they’d name on for a bond, he provides. “We mentioned we needed to do the very same factor once more with Outdated Republic Surety.”
“Outdated Republic Surety is simply wonderful to work with,” says Taylor. “Not each surety can be prepared to work with a Texolve Digital, however Outdated Republic Surety stepped up and confirmed us they’ll do extra than simply building. As an agent, it’s good to know that I’ve a surety I can rely on like that. It’s spectacular.”
PNC Park Challenge at a Look
- $4.3 million in bonds
- Video manufacturing system alternative
- Proprietor: Pittsburgh Pirates
- Contractor: Texolve Digital Inc., Oakmont, Pennsylvania
- Agent: Wealthy Taylor, ACS Surety Bonds, Pittsburgh, Pennsylvania
- Outdated Republic Surety consultant: Kerry Enders, bond supervisor, Harrisburg, Pennsyslvania
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