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NTSB Faults Cargo-Ship Pilot, Owner, Coast Guard and Kentucky for 2012 Collision

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”The Delta Mariner cargo-ship bridge crew relied on a contract pilot’s direction and didn’t use all the written and electronic navigation charts available before the ship collided with the Eggner’s Ferry Bridge near Aurora, Ky., the National Transportation Safety Board says.

The agency’s investigation of the January 2012 incident found fault with Foss Maritime Co., the Seattle-based owner of the ship, and its crew; the U.S. Coast Guard; and the Kentucky Transportation Cabinet (KYTC), which maintains the bridge that carries U.S. 68/state Route 80 over the Tennessee River.”

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Filed Under: News Tagged With: Engineering News-Record, National Transportation Safety Board, Risk Review

Concerns Over Specialty Contractor Failures, Economy Abound at CFMAs Annual Conference

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“An increase in subcontractor failures, more reliance on contractor-obtained financing and the nation’s continuing economic sluggishness highlighted concerns facing members of the Construction Financial Management Association as they met at their annual convention on June 23-27 in Orlando, Fla.

Contractors around the nation are increasingly finding that some specialty firms hired for their projects are unable to finish the job due to financial distress. The topic was especially relevant at CFMA’s first “Large Firm CFO Roundtable,” says Erika Urbani, CFMA chairwoman and chief financial officer with R.D. Olson Construction, Irvine, Calif.

“We are witnessing the financial weakening of a substantial portion of our [company’s] subcontractor base,” Urbani said. Contractors are more frequently finding themselves forced to issue joint checks or pay subcontractors in advance to keep them working, she added.”

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Filed Under: News Tagged With: CFMA, Engineering News-Record, Specialty Contractors, Subcontractor Failure

Subcontractors to Wisconsin Hotel Left Unpaid and Unanswered

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“Barry Bloom, owner of Assured Power in Milwaukee, Wis., knew something was wrong last year in the late stages of a renovation project to create a new Radisson hotel in nearby Menomonee Falls. Four months after the soft opening, the general contractor filed a $2.8-million lien on behalf of the subcontractors. The hotel’s owners insisted that funds were still available to pay all of the subcontractors, but Bloom says he never received the last of his draws after work was done.

The Menomonee Falls Village Board, which provided a $17-million loan to the hotel’s owners so they could refit it as a Radisson franchise, has moved to foreclose on the loan since the  developers missed the first two payments. Because the village’s claim for legal remedy outweighs that of the subcontractors, there is a possibility that the missing payments will never reach the contractors’ mailboxes. On June 25, Menomonee Falls named the subcontractors defendants in the foreclosure filing—because the Village and subs now are competing for the same funds.
Should village officials have seen trouble coming when the developer had legal problems early in the project? Or was Menomonee Falls taken in along with the subs by a financially-challenged development team?
One possible sign: The development group included two owners of a Wisconsin general contractor that was performing the renovation work, Gil-Her Construction, Inc., and one of the owners filed for bankruptcy about six months after the village approved the loan to the project.
So far, the subcontractors’ efforts to be recognized have gone unrewarded. The Village Board has responded to their publicity campaign only with a “no comment.” More than a year after the hotel began accepting guests, some subcontractors are waiting to see if the subcontractors will be compensated at all for what they are owed.”

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Filed Under: News Tagged With: Engineering News-Record, Lien, Radisson Hotel, Unpaid Subcontractors

Filed Under: NewsTagged: ,Engineering News-Record, Lien, Radisson Hotel, Unpaid Subcontractors
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