Below you'll find a list of all posts from May, 2017
No more charges out of the second grand jury convened to investigate the near-bankruptcy of Pennsylvania’s capital city. But the 82-page report does make some recommendations for changing state law: Extend the statute of limitations of public officials in Pennsylvania. Law enforcement already gets extra time to charge public officials, but ambiguity arose during former Mayor Stephen Reed’s trial over …
When you’re looking at the relevance of surety in today’s market and how it competes, to do that we need professional surety producers who understand clients and surety and how to match them, and also have all the skills in underwriting and contract and financial analysis. But what’s missing a lot of the time is being just as professional on …
Executives in the construction sector named geopolitical instability and workforce management issues as the biggest challenges facing their industry, Willis Towers Watson P.L.C. said in a report released Wednesday. Geopolitical issues were the top threat overall, primarily due to uncertainty of government support and financing, postponement and delays, changes in strategy, and commitment to project pipelines, Willis Towers Watson said …
The state has effectively fired the contractor of the new Broughton Hospital. In a letter dated April 20 sent to Archer Western Contractors and Travelers Casualty & Surety Co. of America, the N.C. Department of Health and Human Services said the contractor has failed to resolve or cure six of the seven grounds for annulment the state laid out in …
“Obviously flawed.” “Ill-conceived.” “Problematic.” “Lack of transparency.” These are some of a Pennsylvania grand jury’s descriptions of Harrisburg’s incinerator deal debacle that cost the city upwards of $300 million and sent it spiraling toward insolvency. Much of it is laid at the doorstep of then-Mayor Stephen R. Reed, who made a practice of paying off old debt by borrowing anew. …
