Word: contractor
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Dates: during 1960-1969
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Thomas W. Cornu, president of the Committee, stated that funds would be unavailable to cover the increased costs of a late start, because a Federal Housing Administration (FHA) grant is contingent on the site being clear the first week of November. The contractor who wil build the project, Chester V. Vappi, testified that a delay would involve prohibitive cost increases...
...months ending last June, construction labor won wage and fringe gains averaging 10%-or 55? an hour. The unions have had powerful, if often unnoticed allies in the industrial corporations that order new factories built, and will pay almost anything to get them finished on time. Such corporations urge contractors to pay heavy overtime, and if the projects are struck, says George Cline Smith, a Manhattan construction economist, the company often will tell its contractor: "Settle-we will pay the price...
...willing victim for other schemes, including graft on city projects. In the case of Marcus, as with many other public officials, the loan was almost certainly a come-on for what the Mob really wanted: a good friend in a high place. Marcus, Mobster Anthony ("Tony Ducks") Corallo, and Contractor Henry Fried were convicted in the kickback scheme...
Stable Partnerships. As a builder, Quintana has constructed hundreds of miles of highway and a dozen dams in Mexico, including the 720,000-kw. El Infiernillo power project on the country's southwest coast. He also served as the main contractor for building the Sports Palace for the 1968 Olympic Games. Partnership with a stable government, in the hands of the same political party for more than 30 years, has paid off handsomely...
With space contracts dwindling, the aerospace industry is beginning to show signs of atrophy. Although few of the major companies involved are overwhelmingly dependent on the space program, most of them are experiencing a slump. At North American Rockwell, principal contractor for the Apollo capsule, 5,200 research and development staffers have been laid off or shifted to other projects. The Boeing Co., builder of the first-stage Saturn boosters, must soon let go part of its 10,000-man Apollo team. The impact would be most severe in towns like Huntsville, Ala., where Saturn rockets are assembled. Space...