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United Kingdom

Balfour Beatty PLC (BALF.L)

BALF.L on London Stock Exchange

220.80GBp
21 Jul 2019
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Mon, Jul 22 2019

Exclusive: Air Force suspends fee payments to landlord Balfour Beatty following Reuters report

NEW YORK The U.S. Air Force has suspended paying incentive fees at all 21 military housing bases operated by landlord Balfour Beatty Communities following a Reuters-CBS News report that the company falsified maintenance records at an Oklahoma base to help it qualify for millions of dollars in bonuses.

EXCLUSIVE-Air Force suspends fee payments to landlord Balfour Beatty following Reuters report

NEW YORK, July 22 The U.S. Air Force has suspended paying incentive fees at all 21 military housing bases operated by landlord Balfour Beatty Communities following a Reuters-CBS News report that the company falsified maintenance records at an Oklahoma base to help it qualify for millions of dollars in bonuses.

Balfour Beatty unit appoints counsel to probe U.S. Air Force base allegations

A unit of British infrastructure group Balfour Beatty has appointed Hunton Andrews Kurth LLP to work with the U.S. Air Force and other authorities to investigate allegations that it falsified maintenance records at a U.S. Air Force base.

UPDATE 1-Balfour Beatty unit appoints counsel to probe U.S. Air Force base allegations

July 15 A unit of British infrastructure group Balfour Beatty has appointed Hunton Andrews Kurth LLP to work with the U.S. Air Force and other authorities to investigate allegations that it falsified maintenance records at a U.S. Air Force base.

Balfour Beatty appoints counsel to probe U.S. Air Force base allegations

July 15 Balfour Beatty has appointed Hunton Andrews Kurth LLP to work with the U.S. Air Force and other authorities to investigate allegations that the construction group falsified maintenance records at a U.S. Air Force base.

Reuters, in partnership with CBS News, reveals misconduct within the U.S. private military housing program

Today Reuters revealed how Balfour Beatty, one of the largest housing providers for the U.S. systematically falsified its Tinker Air Force Base maintenance logs for years, helping it secure incentive fees as families awaited home repairs.

U.S. military landlord filed false maintenance logs, earning bonuses, Reuters finds

NEW YORK A unit of UK infrastructure giant Balfour Beatty plc falsified housing maintenance records at a major U.S. military base to help it maximize fees earned from the Department of Defense, a Reuters investigation found.

U.S. military landlord filed false maintenance logs, earning bonuses, Reuters finds

NEW YORK, June 18 A unit of UK infrastructure giant Balfour Beatty plc falsified housing maintenance records at a major U.S. military base to help it maximize fees earned from the Department of Defense, a Reuters investigation found.

Balfour Beatty preferred bidder for Network Rail's 1.5 billion pound contract

British construction group Balfour Beatty said an alliance led by the company was selected as the preferred bidder for railway infrastructure operator Network Rail's 1.5 billion pound ($1.99 billion) contract to build track renewals and crossings.

Balfour Beatty preferred bidder for Network Rail's 1.5 bln pound contract

March 14 British construction group Balfour Beatty said an alliance led by the company was selected as the preferred bidder for railway infrastructure operator Network Rail's 1.5 billion pound ($1.99 billion) contract to build track renewals and crossings.

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