Thirteen Leading U.S. Construction Contractors Announce the Establishment of an Initiative to Promote Ethical Business Conduct and Compliance
CONSTRUCTION INDUSTRY ETHICS AND COMPLIANCE INITIATIVE (CII)
Washington, D.C. (April – 2008)
The CEOs of 13 of the leading U.S. construction companies serving the nation’s public and private construction needs announced the establishment of an initiative to promote and monitor high ethical standards and compliance with the law.
The founding members are: Austin Industries Inc., Dallas, Texas; Balfour Beatty Infrastructures, Inc., Atlanta, Georgia; Clark Construction Group, LLC; Bethesda, Maryland; Granite Construction Inc., Watsonville, California; Kenny Construction Company, Northbrook, Illinois; Kiewit Corporation, Omaha, Nebraska; Lane Construction Corporation, Cheshire, Connecticut; Lusardi Construction Company, San Marcos, California; Sundt Construction, Inc., Tempe, Arizona; Suffolk Construction Company, Boston, Massachusetts; Traylor Brothers, Inc., Evansville, Indiana; Zachry Construction Corporation, San Antonio, Texas; The Walsh Group, Chicago, Illinois.
William G. Dorey, president & CEO of Granite Construction was elected chairman of the governing body, known as the “Steering Committee;” and Richard J. Bednar, an attorney in Washington, D.C., was named interim coordinator.
The founding members adopted a charter, in which each member will comply to a set of principles based on ethical values, open competition in the industry, avoidance of conflicts of interest and a high level of transparency. The initiative will advance these principles through the sharing of best practices, training and public accountability. Each year the members of the initiative will answer a public accountability questionnaire which shall be made public on the initiative’s web site.
“This initiative confirms that its members seek to conduct business at the highest level of integrity”, Dorey said.
Bednar expects the initiative to grow well beyond the 13 founding members as its purpose becomes known to like-minded companies.