Word: contractors
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...fathom the system in a few months. Then too the eagerness of Denver's leaders to retain control and ensure minority participation in all phases of construction led them to put city officials in command, overseeing hundreds of contracts, rather than hand off the duties to a general contractor, who might have provided tighter management. Notes an insider: "It was raw greed. Everyone wanted a piece of the contract monies. The city lost control at the outset, and the project was destined to run amuck...
...final straw, according to a press release provided by Williams, was the awarding of a $3 million contract for the renovation of Lowell Lecture Hall to an outside contractor...
Northrop Corp., the Los Angeles weapons maker, won the battle for Long Island, New York, military contractor Grumman. Competing with Martin Marietta for the prize, Northrop agreed to pay $62 a share, or about $2.1 billion, for Grumman -- close to $170 million more than Martin Marietta, Grumman's original choice for a partner, was willing to fork over. Grumman had sought a merger to help ensure longevity in the shrinking military industry. Grumman agreed to pay Martin Marietta $50 million to forget their deal. And what will the employees of Grumman get? Most likely, layoffs...
...lovers' lane stalker who shot and killed six men and women in New York City. The curious can call 1-900-622-GACY to listen, for $1.99 a minute, to John Wayne Gacy argue against his death sentence, which is due to be carried out in May. The Chicago contractor, who killed 33 young men and buried many under his house, explains that he "really is the 34th victim...
Senate ethics committee criticizes D'Amato for letting his brother (later convicted of fraud) use his office and his official stationery to lobby for a defense contractor...