Federal auditors have concluded that one of the two companies managing Boston's Big Dig overcharged the public by $31 million.
"While the $31 million represents just 2 percent of the Big Dig's $14.6 billion price tag, it nevertheless represents roughly 1,000 times the amount of money secured through the state's oft-criticized cost-recovery process. So far, just $35,707 in refunds has been recouped -- none from Parsons Brinckerhoff or its partner, Bechtel Corp.The second of two all-day hearings into the failures of cost recovery takes place at the State House today, with top officials from Parsons Brinckerhoff and Bechtel testifying under oath about their role in the process. The companies have refused to discuss the details of the audits, saying they are confidential and the focus of mediation efforts."
Thanks to Chris Steins
FULL STORY: Audits say Big Dig firm overcharged by $31m
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