Related Links: Text of settlement agreement Dept. of Justice press release In a federal action involving alleged false claims on construction contracts, five California masonry subcontractors have paid the government about $1.9 million to resolve charges that they misrepresented themselves as small disadvantaged businesses on projects for the U.S. military, the Dept. of Justice has said.Parties to the settlement, which Justice announced on April 9, include Frazier Masonry Corp., F-Y Inc., CTI Concrete & Masonry Inc., Masonry Technology Inc., Masonry Works Inc., Russell Frazier and Robert Yowell The settlement document lists Yowell as president of F-Y Inc.The 19-page agreement also
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.