The U.S. Justice Department said that New York, N.Y.-based Turner Construction will pay the government $6.6 million to settle allegations that it submitted false claims. The company cooperated in an investigation into information that Turner had received credits for bonds on dozens of federal contracts without passing the credits along to the federal government.
The contracts in question include one for the construction of the Veteran Administration’s Boston Medical Center in Massachusetts, one with the General Services Adminsitration for the construction of a courthouse in Islip, N.Y., numerous Navy contracts, and several other construction contracts or subcontracts with these and other agencies.
Turner was required by its contracts to reduce the amount it sought for bond payments or to refund to the government the credits it received from its bonding company, AON Risk Services. As part of the settlement, Turner will also forfeit claims valued at $2.8 million under contracts with the Department of Veterans Affairs and the Department of the Navy.
Topics Construction
Was this article valuable?
Here are more articles you may enjoy.
Mapfre to Acquire Safety Insurance for $1.54 Billion in Cash Deal 
Record-Low Danube Water Levels Leave Boats Beached, Reveal Decades-Old Shipwrecks 
Insurers Must Defend Hotels Accused of Sex Trafficking of Minors 
After 55 Years in Florida Insurance, Tom Lynch Reflects on Agencies, Changes Needed From This Issue
