The U.S. Attorney in Brooklyn, N.Y., announced two new arrests related to an ongoing probe of corruption on construction projects of giant New York utility Consolidated Edison. The sting had led to charges filed in January against 10 current and former Con Ed construction officials for receiving $1 million in kickbacks from contractors. Benton J. Campbell said Russell Ball, CEO of Roadway Construction Inc., Brooklyn, was charged on April 16 with paying “tens of thousands of dollars in bribes” to Con Ed officials on water-main and utility-line construction projects between 2002 and 2004. He made the payments in exchange for
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.