A Manhattan federal jury found a Canadian contractor guilty of defrauding a program to promote minority- and woman-owned businesses in the construction of the World Trade Center.
Prosecutors alleged that DCM Erectors and its owner Larry Davis used two minority firms as administrative fronts while DCM, in an attempt to avoid paying millions of dollars to minority firms, did all the work itself. The value of the steel work at the Freedom Tower and World Trade Center Transportation Hub projects was nearly $1 billion.
Lawyers for the company and Davis said they will appeal the verdict and that the minority firms did the work they were supposed to do on the projects. Prosecutors alleged that Davis falsified records to make it appear that minority contractors performed the work.
Related Stories
| Oct 8, 2013
Kansas City board OKs $1.6 billion TIF for $4.3 billion redevelopment project
Kansas City’s Tax Increment Financing Commission voted unanimously to forward the Bannister & I-435 TIF Plan to the Kansas City Council for approval.
| Oct 8, 2013
New Orleans advances $1 billion construction plan including new airport terminal
New Orleans plans to invest $1.1 billion in construction projects over the next five years.
| Oct 3, 2013
Bipartisan energy efficiency bill stalled; may not be revived this year
The Senate spent the first two weeks of September trying to pass bipartisan energy efficiency legislation, commonly known as Shaheen-Portman (S. 1392) that would have impacted building codes.
| Sep 5, 2013
State legislatures continue to raise the bar on green school construction
Since the beginning of 2013, the USGBC has followed more than 125 bills across 34 states that seek to advance healthy, high-performing schools.
| Aug 20, 2013
Code amendment in Dallas would limit building exterior reflectivity
The Dallas City Council is expected to vote soon on a proposed code amendment that would limit a building’s exterior reflectivity of “visible light” to 15%.
| Aug 20, 2013
L.A. City Council approves plan for new $1 billion Watts development
Los Angeles city officials have voted to revitalize a notorious Watts housing project with shops, town homes, and green spaces.
| Aug 19, 2013
Baltimore City Council committee OKs taxpayer assistance for $1.8 billion Harbor Point mixed-use project
A Baltimore City Council committee approved a plan to give millions in taxpayer assistance to the $1.8 billion Harbor Point development.
| Aug 8, 2013
Bipartisan bill would strengthen model building codes to boost energy efficiency
The Energy Savings and Industrial Competitiveness Act, a bipartisan U.S. Senate bill, would strengthen model building codes to make new homes and commercial buildings more energy efficient.
| Aug 2, 2013
Texas law expected to help reduce construction payroll fraud
Texas lawmakers want to get tough on construction companies that commit a certain form of payroll fraud, passing a new law recently signed by Gov. Rick Perry.
| Jul 26, 2013
AGC launches new coalition to help bring tax relief to construction sector
Associated General Contractor of America (AGC) has launched the Coalition for Fair Effective Tax Rates to bring tax relief to the construction sector.