Stone & Webster Construction Inc. will pay $6.2 million to the federal government to settle a multi-year investigation into alleged improper recordkeeping of injuries and site safety under a $10-billion long-term contract with the Tennessee Valley Authority for modifications and maintenance work at nuclear plant sites in Tennessee and Alabama. The U.S. Justice Dept. announced the settlement Jan. 22 with Stone & Webster, based in Stoughton, Mass. and a subsidiary of Baton Rouge, La.-based The Shaw Group since 2000. The settlement also requires Stone & Webster to enter into a first-of-its kind comprehensive two-year monitoring agreement with TVA's Office of
The growing need to collect, store and analyze the huge volumes of data collected from infrastructure project stakeholders is generating a new growth area for construction-sector firms, IT vendors and professionals.