MARK BRIDGERS
Principal / Owner
Raleigh, NC
Mark Bridgers is a consultant to the design and construction industry and leads a Utility Vertical Market team. He works primarily with gas/electric utilities, power generators, pipeline companies, and energy companies to support the planning, design, and construction of capital assets. In addition, he frequently works with the service providers to these firms including overhead or pipeline contractors, industrial and mechanical contractors, engineering firms, and value-added material and equipment suppliers. As a recognized expert in capital construction and operational challenges, Mark has delivered expert testimony in regulatory proceedings, was honored with the American Gas Association (AGA) Silver Award of Merit, and was peer-selected for membership in both the Society of Gas Operators (SOGO) and the Gild of Ancient Supplers.
Mark helps firms prepare for and successfully navigate “strategic transitions,” often by undertaking an organizational analysis of these firms, reviewing construction cost management efforts, diagnosing accounting and financial issues, and strategy development. Typical projects include strategic plan design; financial
performance analysis; development and implementation of tools to reduce construction cost, life-cycle cost, and operational friction; restructuring of processes and procedures – oftentimes using LEAN Construction, Six Sigma, and other continuous improvement techniques; and leader development. He is a specialist in the management of capital construction or operational risk, author of Beyond the Bell Curve – A Report on Managing Capital Project Risk and PDI2’s Utility Infrastructure Resiliency Playbook, and consultant to firms interested in mitigating infrequent and high-impact risks. His passion is helping organizations achieve breakthrough innovations through collaborative or integrated relationships. He is the architect of an approach to design and implement what is referred to as the “Extended Enterprise” among utility industry participants.
Mark is an avid educator, trainer, and writer with more than 20 years of industry expertise including strategy development, financial engineering, surety bonding, and reinsurance experience. His in-depth knowledge of the energy markets, electric/gas utility concerns, financial topics, and the surety and reinsurance markets — combined with his ability to convey difficult construction, insurance, and financial topics to laypeople and professionals alike — makes him an enthusiastic and exciting speaker. His North American speaking includes the American Gas Association (AGA), Edison Electric Institute (EEI), Power/Coal Gen, the Construction Users Roundtable (CURT), Utility Supply Management Alliance (USMA), Electric Power Conference, Distribution Contractors Association (DCA), Power & Communication Contractors Association (PCCA), and National Utility Contractors Association (NUCA), among others.
Mark is the author of over 200 articles and research papers published internationally in industry journals and peer-reviewed periodicals, including ENR, PE – The Magazine for Professional Engineers, Pipeline & Gas Journal, Public Utilities Fortnightly, Utility Contractor (NUCA), Underground Contractor, Electric Energy (RMEL), and Electric Perspectives (EEI). He is frequently quoted on construction industry topics, including in the Wall Street Journal.
Mark holds a master’s degree in business administration from the University of Virginia‘s Darden School and a bachelor’s degree in financial management from Clemson University. He has earned the titles of Chartered Property & Casualty Underwriter (CPCU) and Associate in Reinsurance (ARe).