Balfour Beatty Communities LLC, one of the largest private residential managers for the U.S. military, has pleaded guilty to defrauding the three service branches in a scheme to obtain performance bonuses by misrepresenting maintenance records, the U.S. Justice Dept. said in announcing an agreement in which the firm will pay $65.4 million to settle a federal criminal probe and civil lawsuits by military families.
The firm is a subsidiary of Balfour Beatty plc, the large UK-based global contractor. That firm reported about $9.7 billion in 2020 revenue. It is not ranked on ENR's Top Global Contractors list, but its U.S. construction arm ranks at No. 16 on ENR’s 2021 Top 400 Contractors list, reporting $5.08 billion in revenue for that year.