UofI not paying contractors, AGAIN

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cycloner29

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Dec 17, 2008
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Did they ever sell the old AIB property? Hmm... seems the University is in a little over there head.
 

BCClone

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Sep 4, 2011
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Not exactly sure.
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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AgronAlum

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Jul 12, 2014
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Man if I’m reading that correctly, they are looking at around 100 mil on one project to only two of the contractors.
 

wxman1

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Jul 2, 2008
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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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BillBrasky4Cy

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Wow. How does a public university overextend themselves by that much? That is insane!
 

somecyguy

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Jun 19, 2006
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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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Acylum

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Nov 18, 2006
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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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