Watchdog tapped to monitor Bovis finances

Sept. 11 memorial contractor Bovis Lend Lease has been ordered to hire an independent watchdog to oversee its work, following a Department of Investigation probe that found possible incidences of bill-padding, according to the New York Daily News. Investigators say there’s evidence that Bovis may have improperly charged the city for bogus overtime costs on more than 100 different city-funded projects. The watchdog will review the builder’s “past and future financial activities,” according to a city spokesperson. Among the projects in question are the 9/11 Memorial and the Yankees’ and Mets’ stadiums. A spokesperson for Bovis said it had no problem with a financial monitor. [NYDN]

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