Tuesday, June 22, 2010

FasTracks contractor paid $200 million to settle lawsuits

The Denver area's Regional Transportation District announced a week ago that it had selected a coalition of six companies to head up the construction of three new FasTracks rail lines, all to be completed by 2016, and $300 million under budget. The group of companies, which call themselves Denver Transit Partners, is led by the engineering firm Fluor Enterprises and the financial company Macquarie Capital Group Ltd.

But Fluor Enterprises, a Fortune 500 company that has run several projects across the state, has been dogged by at least 23 misconduct lawsuits and safety violations for the past 15 years. The company has shelled out a total of nearly $200 million since 1995 in court settlements and awards to plaintiffs. Fluor has been hit with suits alleging a wide range of misconduct, including breach of contract and whistleblower retaliation. Read More -

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