Related Links: Justice Dept. press release Five Harbert construction companies, most of which reportedly are defunct, have agreed to pay $47 million to the U.S. government to settle allegations of bid-rigging on a U.S. Agency for International Development-funded sewer system project in Egypt built more than 15 years ago, the Justice Dept. said.The Justice Dept. said on March 20 that Harbert Corp., Harbert International Inc., Bill Harbert International Constructions Inc., Harbert Construction Services (U.K.) Ltd. and Bilhar International Establishment agreed to make the payment to resolve allegations under the False Claims Act that they conspired to rig bids on a
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.