Senator Dianne Feinstein's husband, Richard C. Blum,
is a wealthy San Francisco businessman who owns about 200,000 shares of preferred stock in the Perini
Corporation, a Boston-based construction and real
estate development company. {1}
It just so happens to be the case that the Perini Corporation won a huge U.S. Army contract last week to help President George W. Bush wage his imperialist wars in the Middle East!
I bet the wine glasses were clinking at Senator Feinstein's home, weren't they?
Notes
{1} See the following URL's for Richard C. Blum's
links to the Perini Corporation:
http://sanfrancisco.bizjournals.com/sanfrancisco/stories/1999/08/09/story4.html
http://www.examiner.com/news/default.jsp?story=n.bartside.0729w
---
http://boston.bizjournals.com/boston/stories/2003/04/07/daily12.html
April 8, 2003
Perini rises after company wins Army contract
Boston Business Journal
Shares of Perini Corp., the largest U.S. builder of
hotels and convention centers, rose 40 percent Monday
after the company was awarded a contract by the U.S.
Army.
The shares rose .61 to .60, the highest closing
price in 11 months. They have gained 26 percent this
year. In Tuesday trading, the stock gave back some
gains, slumping 12 cents to close at .48.
Perini won a one-year contract from the U.S. Army
Corps of Engineers to perform design, construction and
maintenance work for Central Command, the Engineers
Corps said Friday. Central Command is in 25 countries
and is commanding the war in Iraq. The contract's
value could be anywhere from 0,000 to 0 million.
"The U.S. Army Corps of Engineers picked us as one of
the three companies to provide services to Centcom,"
Robert Band, Perini's president and chief operating
officer, said. "That's probably one thing that spiked
people's interest."
Washington Group International Inc. and Fluor Corp.
received similar contracts. Engineers Corps
spokeswoman Joan Kibler declined to say last week
where the work would be performed.
http://www.businesswire.com/webbox/bw.040803/230985551.htm
BW5551 APR 08,2003 9:50 PACIFIC 12:50
EASTERN
( BW)(MA-PERINI-CORPORATION)(PCR) Perini Corporation
Selected by U.S. Army Corps of Engineers for
Construction Projects in U.S. Central Command's Area
of Operations
Business Editors
FRAMINGHAM, Mass.--(BUSINESS WIRE)--April 8,
2003--Perini Corporation (AMEX:PCR) announces the
award of a one year indefinite delivery/indefinite
quantity (IDIQ) contract by the U.S. Army Corps of
Engineers, Transatlantic Programs Center, for
design-build, general construction, and short term
operation and maintenance services in various
locations throughout U.S. Central Command's area of
responsibility. This area encompasses 25 countries
located throughout the Horn of Africa, South and
Central Asia, the Arabian Peninsula, and Northern Red
Sea regions.
The contract, worth up to 0,000,000, is one of
three contract awards made by the Corps of Engineers
for new construction, restorations, renovation and
repair, design-build, and O&M services to respond to
the contingency needs that might arise within the U.S.
Central Command area. Where practicable, task orders
will be awarded among the three selected contractors
on a competitive basis.
Typical projects may provide facilities for United
States military forces, other U.S. government
organizations, and friendly foreign governments.
Perini is currently leading a design-build team to
construct facilities to support the graduating
battalions of the Afghanistan National Army under a
separate Corps of Engineers contract.
Robert Band, President and Chief Operating
Officer, comments, "We are proud of this opportunity
to support the Army Corps of Engineers in its mission
during this challenging time in our nation's history.
Perini enjoys an excellent working relationship with
the Corps on our current project in Afghanistan,
having previously completed projects for them in the
1980s and 1990s. We are excited to be partnering with
them again."
The Perini team includes Tetra Tech, POWER
Engineers, Willbros Group, and Najad Rock Group.
About Perini Corporation
Perini is known for its rapid response for
Department of Defense and Department of State
programs, and for its hospitality and gaming industry,
corrections, health care, sports, entertainment and
educational expertise, as well as large and complex
civil construction projects.
--30--MTB/la*
CONTACT: Perini Corporation, Framingham
Robert Band, 508/628-2295
or
Coffin Communications Group, Sherman
Oaks, Calif.
Crocker Coulson, 818/789-0100
KEYWORD: MASSACHUSETTS INTERNATIONAL AFRICA/MIDDLE
EAST ASIA
PACIFIC
INDUSTRY KEYWORD: GOVERNMENT AEROSPACE/DEFENSE
REAL ESTATE
MARKETING AGREEMENTS BUILDING/CONSTRUCTION
SOURCE: Perini Corporation