UofI not paying contractors, AGAIN

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Did they ever sell the old AIB property? Hmm... seems the University is in a little over there head.
 
Over 80 MM that they haven't paid? And they have lost case after case but still defy it? If I did this, I think I'd probably be thrown in the clink.
 
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Reactions: CubsClones1
Man if I’m reading that correctly, they are looking at around 100 mil on one project to only two of the contractors.
 
Not sure if it is still the case but I know they have had a lot of billing issues that caused some insurance companies and I thought I was told medicare to stop paying them until they fixed it. This in turn caused a hiring freeze other than nursing and other critical positions. I also know of a pacemaker manufacturer that will no longer do business with them.

You would think with how much they charge for parking alone they could pay some of this stuff off...
 
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Reactions: 2020cy
The Gazette had a series of articles earlier showing what a cluster the project became. Almost no accountability at the top. I would love to see the regents smack them down, because they repeatedly told the regents that the project was under control.
 
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Reactions: wxman1
Am I interpreting this correctly- The U of I strategy is to enter into contracts, then not meet their financial obligations, and gamble that the injured party will just go away out of exasperation?
 
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