Firm at Center of Hunters Point Fraud Scandal Rewarded With More Government Work

From: Curbed SF

“Tetra Tech, the engineering firm paid more than $250 million by the U.S. Navy to remove radioactive contamination from San Francisco’s Hunters Point has so far escaped any serious punishment, with a $7,000 fine from the U.S. Nuclear Regulatory Commission waived on appeal. Instead, the company has been rewarded. Since news of the scandal at the city’s biggest redevelopment project in a century first broke in Curbed SF, Tetra Tech and its investors have enjoyed record stock prices, a valuation fueled by a steady stream of additional work from the very government that sued Tetra Tech on Monday for defrauding it.”

Read more . . .

Read the PEER story

Phone: 202-265-7337

962 Wayne Avenue, Suite 610
Silver Spring, MD 20910-4453

Copyright 2001–2022 Public Employees for
Environmental Responsibility

PEER is a 501(c)(3) organization
EIN: 93-1102740