April 27, 2018 12:00 AM ET

Construction and Engineering

Company Overview of China Construction America, Inc.

Company Overview

China Construction America, Inc., a construction and real estate company, provides construction services for customers in the United States. It offers program management, construction management, general contracting, public private partnership, design build, global procurement, project financing, and real estate development and investment services. The company also provides consulting services that include building information modeling, budget verification, building surveying, change order management, constructability review, construction accounting, contract administration, cost management, design analysis and management, facilities management, market intelligence, safety analysis, scheduli...

525 Washington Boulevard

31st Floor

Jersey City, NJ 07310

United States

Founded in 1985

Phone:

201-876-2788

Fax:

201-876-6737

Key Executives for China Construction America, Inc.

President
Executive Vice President
Senior Vice President
Compensation as of Fiscal Year 2017.

China Construction America, Inc. Key Developments

BML Properties Ltd. Files Lawsuit Against China Construction America, Inc. for Wrongdoings, Engaging in Massive Fraud, Malicious Acts of Deceit and Interference, and Breaches of Contract as Part of A Multi-Year Self-Enrichment Scheme Related to the Baha Mar Resort Project in the Bahamas

China Construction America, Inc. announced that it have been sued in New York State court for, among other wrongdoings, engaging in massive fraud, malicious acts of deceit and interference, and breaches of contract as part of a multi-year self-enrichment scheme related to the Baha Mar Resort project in The Bahamas. The lawsuit, filed by the project's original owner, BML Properties Ltd., exposes CCA's ongoing and intentional misconduct. As a result of the court action, CCA may face over $2.25 billion in liability for misleading and defrauding BML Properties and depriving it of its investment. According to the lawsuit, it was CCA's larger intent and financial interest to establish this Project as a beachhead in the Americas and the Caribbean, train its unqualified workers and staff in order to obtain and then construct other projects throughout the Americas and Caribbean, and submit sham billings for hundreds of millions of dollars as the contractor and construction manager of the Project. Combined with CCA's fraudulent and deceptive understaffing, CCA's malicious conduct doomed the Project to failure. As shown in the lawsuit, in stark contrast to their documented failure at Baha Mar, CCA has claimed success in the U.S. market. CCA has been the prime contractor on massive building projects in New York funded by private entities and by the state government and municipalities in New York. CCA touts "project highlights" in New York, including: New York'sCity Hall, the Alexander Hamilton Bridge, the 11 Times Square Office Building, the Brookfield Place Winter Garden Glass Pavilion, and Buildings 92 & 77 at the Brooklyn Navy Yard. CCA also has undertaken public works projects in South Carolina. CCA has offices in Albany, New York, a mere three blocks from the state capitol, in order to carry out CCA's government relations and lobbying. CCA's "Strategic Capital" invests in New York real estate and recently announced that it is investing in a 170-unit residential tower (including 280,000 square feet of residential and retail development) planned for a lot spanning 110 Charlton St. and 537 Greenwich St, near the Manhattan entrance to the Holland Tunnel. The complaint asserts, among other wrongdoings, that CCA planned to use the Project as an undisclosed, de facto "training facility" for its ambitious plans to expand throughout the Caribbean and Central and Latin America. Further, the complaint asserts that CCA's executives and appointees to the board of Baha Mar Ltd. covered up the truth about the Project's delays, defects, and shortcomings – with the result that the Project missed the December 2014 opening and therefore missed the Winter 2014 through Summer 2015 travel season. The complaint also asserts that CCA and its affiliated sub-contractors used work-stoppages and slow-downs to improperly pressure BML Properties, and lied about its intent to rapidly increase the number of workers in order to finish the resort even for the delayed March 27, 2015, opening. In actuality, CCA admitted in a January 20, 2015, letter to its superiors that, despite its false claims to have adequate resources, it lacked the manpower to finish the job. The complaint asserts that CCA's undisclosed intent throughout was to squeeze every dime out of the construction loan, regardless of its ultimate responsibilities to the Project.

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