New York City-based Skanska USA has confirmed that the government is probing subcontracting arrangements made by the company and other large contractors that may have involved phony certified minority and women-owned firms. Photo: NYC DEP Subcontracting on Croton water filtration plant in Bronx, N.Y., set for completion in 2012, is under investigation. Related Links: The Croton Water Filtration Plant Project The Fulton Street Transit Center The New York Times also reports that Schiavone Construction Co., Secaucus, N.J., is a target of the investigation. Neither firm has been charged with any crime. The investigation, according to published reports involving unnamed sources,
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.