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Rocky Pofahl

Rocky Pofahl

Assistant Vice President-Surety at EMC Insurance Companies, specializing in surety bond underwriting and construction finance

Jun 23, 2026

7:41
That was a real life one that he was just
7:42
talking about that.
7:44
We kind of had to help educate, like, look, there's a lot more retainage from when you were doing $10 million jobs and now you're doing a $65 million job.
7:51
How are you going to cash flow that? We always look at it as, we only give them like so many firsts, like, hey, first time you did this, first time you did, yup, you're out.
8:01
But it's important they understand, and I think they do, but the dollar amounts that these data centers are paying subcontractors to get the work done, it's very enticing to them.

11 MINS LATER

18:50
Would you care to just talk a little bit about that? Yeah.
18:53
Yeah, we've seen, you know, the Northwest had it up in the Northwest, one of the biggest areas that started these retainage bonds.
19:00
So over time, it just You knew it was going to start flowing out, but now Colorado did one.

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