More delays likely in Golden Gate Bridge suicide barrier project, contractors warn [CBS News]
The Carlyle Group Inc. (CG)
Last the carlyle group inc. earnings: 4/30 06:40 am
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Source: CBS News
companies hired to take on the project allege their costs have more than doubled, according to San Francisco Superior Court documents filed this week. The project to erect stainless steel mesh nets on both sides of the bridge was supposed to be completed by last year but has been fraught with delays. Last year, subcontractor for the project Vigor Works LLC sued joint venture contractors Shimmick Construction Co. and Danny's Construction Co. (SDJV) over allegations that they were owed at least $13 million. Shimmick and Danny's then countersued this year. In a motion in that case filed this week, SDJV also asked the court's permission to sue the Golden Gate Bridge, Highway and Transportation District, which manages the bridge. The bridge district is accused of "concealing significant information" during the proposal phase of the project, including "extensive bridge deterioration" that interfered with SDJV's ability to perform the work. "It later became apparent that many of the
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- Sedgwick develops new solutions in global aviation claims management [Yahoo! Finance]Yahoo! Finance
- Carlyle's Private Equity Profits Boosted by a Flurry of Sales [Yahoo! Finance]Yahoo! Finance
- Carlyle Group reports 59% jump in Q1 earnings [Reuters]Reuters
CG
Earnings
- 5/1/24 - Miss
CG
Sec Filings
- 5/1/24 - Form 8-K
- 4/18/24 - Form ARS
- 4/18/24 - Form DEF
- CG's page on the SEC website