Owner of troubled housing firm wins contract

Owner of troubled housing firm wins contract
By Erik Holmes - Staff writer
Posted : Thursday May 1, 2008 6:56:31 EDT

A construction and engineering firm that is part-owner of troubled housing development projects at four Air Force bases has been awarded a contract to do environmental remediation work at two former Air Force bases, despite the fact the future of the housing projects has not been resolved.

The Shaw Group Inc., a Fortune 500 company, announced Tuesday that it had received a contract from the Air Force Center for Engineering and the Environment at Brooks City-Base, Texas, to do environmental cleanup at the former Myrtle Beach Air Force Base, S.C., and the former England Air Force Base, La. The value of the contract was not disclosed.

The Air Force Center for Engineering and the Environment also awarded the original contracts for the housing projects.

Shaw owns half of American Eagle Communities, a company that had to stop work last year at four Air Force bases when it ran into financial troubles.

The projects were supposed to include nearly 3,000 units of new or renovated housing at Moody Air Force Base, Ga.; Patrick Air Force Base, Fla.; Hanscom Air Force Base, Mass.; and Little Rock Air Force Base, Ark., but only a fraction were built.


Rest of article at: http://www.airforcetimes.com/news/2008/04/airforce_shaw_contract_043008w/