The U.S. Air Force has suspended paying incentive fees at all 21 military housin...
NEW YORK - The U.S. Air Force has suspended paying incentive fees at all 21 military housing bases operated by landlord Balfour Beatty Communities following a Reuters-CBS News report that the company falsified maintenance records at an Oklahoma base to help it qualify for millions of dollars in bonuses.
Balfour Beatty will not receive any management incentive fees, which the company says are worth 13 percent of its $33 million in annual military housing net income, or about $4.3 million, until it provides the Air Force with an independent review of its maintenance and work order processes and ensures they meet all Air Force requirements.
Earlier this month, Balfour Beatty announced it had hired an outside law firm, Hunton Andrews Kurth LLP, to investigate reports it falsified maintenance records. Balfour Beatty said its policy is to report repairs properly and has blamed a single former employee for problems in Oklahoma. The other, an accurate handwritten log not shared with the military, showed the company consistently took much longer to finish jobs.
In addition to suspending fees, the Air Force says it is hiring additional housing oversight personnel and revising its home inspection program to avoid similar problems at all of its housing bases. Congresswoman Kendra Horn, who represents a district near Tinker Air Force Base in Oklahoma City, said Congress must hold “bad actors” accountable. Earlier this year, she toured Tinker with Balfour officials. “I thought I wasn’t getting the whole story,” Horn said.
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