Post by Logan on Feb 4, 2016 1:34:43 GMT -6
A local bridge-building company and three individuals paid more than $1 million to resolve claims they defrauded a federal program meant to help women- and minority-owned businesses, U.S. prosecutors said Wednesday.
The case concerns the Bridge Avenue Bridge project over the Mohawk River in Cohoes.
According to a statement from the U.S. Attorney's office, the owner of Watervliet-based ING Civil, Corey Ingerson, was preparing to submit a bid in 2009 to the city of Cohoes to rebuild the bridge. Ingerson reached out to John Leary, a salesman at Rexford Albany Municipal Supply Co. (RAMSCO) for a quote on materials, officials said.
Leary explained that RAMSCO could provide the materials and bill them through American Indian Builders & Suppliers (AIB), officials said, thus satisfying the project's goal of having a woman- or minority-owned contractor.
Read more: www.timesunion.com/local/article/Feds-1M-settles-fraud-claims-over-Cohoes-bridge-6805451.php
The case concerns the Bridge Avenue Bridge project over the Mohawk River in Cohoes.
According to a statement from the U.S. Attorney's office, the owner of Watervliet-based ING Civil, Corey Ingerson, was preparing to submit a bid in 2009 to the city of Cohoes to rebuild the bridge. Ingerson reached out to John Leary, a salesman at Rexford Albany Municipal Supply Co. (RAMSCO) for a quote on materials, officials said.
Leary explained that RAMSCO could provide the materials and bill them through American Indian Builders & Suppliers (AIB), officials said, thus satisfying the project's goal of having a woman- or minority-owned contractor.
Read more: www.timesunion.com/local/article/Feds-1M-settles-fraud-claims-over-Cohoes-bridge-6805451.php