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ENR > Finance > Contractor's Guilty Plea Includes $7.05-Million Penalty
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| Under terms of the deal, KCC Group Design+Build CEO Jacob Kiferbaum agrees that the firm, formerly known as Kiferbaum Construction Co., will pay $7.05 million in restitution to Chicago Medical School by July 1. That amount represents the Deerfield, Ill.-based firm’s pretax profits from construction of an addition and student housing at the school.
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Construction Industry, News Articles, Business Conditions & Analysis, Markets, Finance, Costs, Legislation, Government, Management, Labor, Construction Methods, Equipment & Materials, Engineering News-Record (ENR)
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