Sen. Warren seeks investigation of landlord at U.S. Air Force base [Reuters]
BALFOUR BEATTY S/ADR (BAFYY)
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balfourbeatty.com/investors
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Source: Reuters
Sen. Warren seeks investigation of landlord at U.S. Air Force base - Reuters 3 Min Read NEW YORK (Reuters) - U.S. Sen. Elizabeth Warren is seeking an official inquiry and demanding answers from the Air Force and one of its top housing contractors following a Reuters-CBS News report describing how the company falsified maintenance records to help it secure Defense Department bonuses. Last week, Reuters and CBS reported how landlord Balfour Beatty Communities kept two sets of maintenance records at Oklahoma’s Tinker Air Force Base. An official set of electronic records, shown to the Air Force, listed prompt responses to maintenance requests. The other, a handwritten log not shared with the military, accurately showed the company consistently took much longer to finish jobs. The official entries made the company appear responsive to tenant complaints and unsafe conditions, helping it secure millions in “performance incentive fees” for good service it otherwise often would not have qualif
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