Old Republic Surety Underwrites Improvements to Historic Battleship

Sponsored Content from Old Republic Surety

The USS Alabama, an 80-year-old battleship commissioned during World War II, is the main attraction at Battleship Memorial Park in Mobile, Alabama. With more than 15 million visitors since the park opened in 1965 and nearly $1 billion in economic impact to the state, the ship is an important part of military history and a source of pride for the people of Alabama. When the USS Alabama Battleship Commission decided to restore the ship’s main, teak deck, it faced two monumental challenges: raising over $8 million for the project, and keeping the ship open to visitors while the old deck was removed and new wood was laid.

A Five-Phase Project Over Three Years

The solution was to complete the restoration in five phases over three years, allowing public access during the deck work. Youngblood-Barrett Construction & Engineering LLC of Mobile, Alabama, was selected as the general contractor.

“From the very beginning, the commission made it clear that it wanted guest experiences to continue, and that all work should be done with the utmost respect given to the original methods and designs of the ship,” construction manager Chris Dunning explains.

Altogether, 23,000 square feet of deck will be replaced. Modern engineering techniques such as 3D mapping and laser cutting will ensure the new deck matches the original specifications. Teakwood Decking, the primary subcontractor, has built a mock-up of the deck at its Sarasota, Florida, facility. As wood is needed for each phase, it’s shipped to Mobile.

In addition, safety measures are in place to contain lead, asbestos, and other hazardous materials during demolition. Large white containment tents have been erected over the work site, and workers must use HEPA filters and wear hazmat suits.

Phases one and two are complete, and the entire project will be finished in 2024.

Old Republic Surety Steps Up To Bond The Project

Before phase one could begin, however, there was one more challenge. Youngblood-Barrett’s previous surety company declined to back the project. That’s when the bond producer stepped in. She asked Wayne Messick and Richard Sghiatti of Old Republic Surety to look at the proposal.

“Without Old Republic, this project might not have happened for us,” Dunning explains. “the bond producer brought Wayne and Rich down to our office, and we walked through the project. Thankfully, they were just as excited about the opportunity as we were.”

“The day Youngblood-Barrett made their presentation, Old Republic was on it,” Dunning recalls.

“There were a few underwriting issues,” says Messick, “but we knew if we could resolve those, it would be a project we could get behind 100%.” Among the concerns:

  • Financing. The commission hadn’t met its goal of raising $8.5 million, but it subsequently secured a loan to ensure contractors would be paid.
  • Bonding the primary sub. Most of the project cost, $6.5 million, is for work performed by Teakwood Decking. It also has been bonded.
  • Severe weather. With Mobile on the Gulf Coast, and the project stretching over three hurricane seasons, Old Republic Surety wanted to be sure the materials were properly protected and insured.

New And Longtime Partners Come Together

Messick and the agency have worked together on projects for years. So when the bond producer was approached by Youngblood-Barrett, she knew the person to call.

“Wayne has a wonderful way of interacting with our bond clients. He guides them through the process. He’s very supportive and always wants to meet with the client to get to know them,” related the bond producer.

Says Dunning: “It meant a lot that Old Republic was willing to sit down with us. They’re the first bonding company we’ve had that’s wanted to have boots on the ground and see firsthand how a project’s going. Old Republic has shown an active, engaged interest in us and our work.”

Since then, Old Republic Surety has bonded several other projects for the company. “We’re excited about our future with Youngblood-Barrett,” Messick says.

USS Alabama Project at a Glance

  • $8.05 million bonded project, in five phases over three years, 2022–2024
  • Replacement of teak decking on historic, World War II battleship in Mobile, Alabama
  • Owner: USS Alabama Battleship Commission, Mobile, Alabama
  • General Contractor: Youngblood-Barrett Construction & Engineering LLC, Mobile, Alabama
  • Old Republic Surety representatives: Wayne R. Messick, AFSB, Bond Manager, Trussville, Alabama; Richard Sghiatti, Regional Vice President, Atlanta, Georgia

USS Alabama Stats

  • Commissioned: 1942
  • Length: 680 feet
  • Weight when fully loaded: 42,500 tons
  • Crew: 2,500
  • Nickname: “Mighty A”

Source:

USS Alabama Battleship Memorial Park website, accessed Dec. 19, 2022

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