Showing posts with label plaza construction. Show all posts
Showing posts with label plaza construction. Show all posts

Tuesday, July 31, 2012

Construction billing practices being investigated

From Crains:

Federal prosecutors are investigating the billing practices of four more New York City construction giants, radio-station WNYC reported Monday morning. Turner Construction Company, Tishman Construction, Plaza Construction and Skanska USA are now under the FBI's magnifying glass. That news comes after charges filed against Bovis Lend Lease in April ultimately led to an admission of guilt and $56 million in fines.

A grand jury subpoena had been issued to a firm called AECOM, a parent company of Tishman, in December of last year, the report said. But a spokesman from Tishman declined to comment on the investigation.

Turner Construction Company issued a statement this afternoon confirming that they, among other major construction contractors, had been issued a subpoena by the United States Attorney's Office for the Eastern District of New York last December.

Companies currently under investigation are involved in a number of large-scale public projects, including the extension of the 7th Avenue Subway line.