flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

World Trade Center contractor found guilty of minority-owned business fraud

Legislation

World Trade Center contractor found guilty of minority-owned business fraud

The company used two minority firms as fronts in a nearly $1 billion scheme.


By Peter Fabris, Contributing Editor | August 24, 2016

Pixabay Public Domain

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

| Feb 23, 2012

New Virginia statewide building code goes into effect March 1

After March 1, all building plans in Virginia must adhere to the 2009 code that was adopted a year ago.

| Feb 17, 2012

AGC advocates for federal procurement reform

Ensure that small business goals take into consideration actual small business capacity in relevant specialty markets.

| Feb 17, 2012

Codes not to blame for Anchorage roof collapses following heavy snows

Design or construction problems likely contributed to the collapses, according to city officials.

| Feb 17, 2012

OSHA training videos on proper respirator use available online

17 short videos to help workers learn about the proper use of respirators on the job.

| Feb 17, 2012

Union/employer collaboration on the rise aimed at exceeding OSHA safety standards

Unions have learned to help employers win contracts with bids made competitive through good safety practices.

| Feb 15, 2012

Code allowance offers retailers and commercial building owners increased energy savings and reduced construction costs

Specifying air curtains as energy-saving, cost-cutting alternatives to vestibules in 3,000-square-foot buildings and larger has been a recent trend among consulting engineers and architects.

| Feb 9, 2012

Initiative to sell off under-used federal property gaining momentum

The bill is similar to a White House planto cut $8 billion worth of building costs by the end of the 2012 fiscal year, and to establish a panel to identify other sites worth selling or donating to nonprofits or state and local governments.

| Feb 9, 2012

Computer tool helps engineers design roof cladding using Canada's building code

Easier to design roof cladding that can withstand winds in a given area. 

| Feb 9, 2012

Rapid growth of zero energy buildings expected

Much of that growth will be in the European Union, where near-zero energy buildings are mandated by 2019 for public buildings, and by 2021 for all construction.

| Feb 9, 2012

Stiffer OSHA fines put strain on Kansas contractors

A fine for a violation that once cost between $750 and $1,200 now runs $7,000 or more per incident, according to a state industry association official.

boombox1
boombox2
native1

More In Category




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021