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Stock impact report

Ex-FEMA nominee helps win $133M Puerto Rico hurricane contract [MSNBC.com]

AECOM (ACM) 
Last aecom earnings: 2/3 06:55 am Check Earnings Report
US:NYSE Investor Relations: investors.aecom.com/mobile.view?c=131318
Company Research Source: MSNBC.com
WASHINGTON — A multinational engineering firm contends that a $133 million contract for hurricane relief in Puerto Rico was inappropriately awarded to the firm of President Donald Trump’s former pick for a top FEMA position, who withdrew his nomination after NBC News revealed that he had been under federal investigation. AECOM, the firm that lost the bid, has formally challenged the Puerto Rican housing department's decision in December to award the lucrative contract to Adjusters International, a New York-based disaster recovery firm. Daniel Craig , Adjusters' senior vice president, withdrew his nomination to become FEMA’s deputy administrator in September after NBC News reported that he had been under investigation for ethics issues surrounding his work at FEMA under President George W. Bush, when the agency was giving out huge contracts for Hurricane Katrina relief. AECOM alleges that Adjusters International did not meet the mandatory requirements of the bid prop Show less Read more
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