Ten current construction supervisors and one recent retired official of Consolidated Edison, the utility serving Manhattan and its northern suburbs, were arrested Jan. 14 for soliciting and accepting more than $1 million in kickbacks from a construction contractor since 2004. Work involved in the bribery scheme also included cleanup and repair of an underground steam pipe that exploded in Manhattan in July 2007, killing one pedestrian, injuring others and causing millions of dollars in damage. Photo: AP Repair of steampipe that exploded in Manhattan in 2007 was among work that bribe contractor handled. Officials in the office of U.S. Attorney
The market is generally healthy and steadily growing, and margins are up for large specialty contractors. Further, advances in design tools and owner demand for collaboration are giving subcontractors a seat at the table early on in projects.