NEW YORK -- A major construction and design company has agreed to pay New York City $5 million to compensate for overcharging in more than 100 projects between 1999 and 2009.
Mayor Michael Bloomberg and his Department of Investigation announced the settlement with Bovis Lend Lease LMB Inc. today.
DOI had found that Bovis paid foremen overtime and pay that they had not earned. It said those expenses were passed on to New York City in many city-funded projects.
The payment agreement stands for any potential civil claims by the city against Bovis.