Obama Center Contractors Say Millions Are Owed
As the Obama Presidential Center prepares to welcome visitors with its official opening in Chicago on Friday, several contractors who worked on the massive project say they are still waiting to recover substantial financial losses they claim were incurred during construction.
One of those contractors is Mike Owen, owner of Adamson Plumbing, who says his company has absorbed nearly $4 million in losses tied to the project after dedicating years of work to its completion.
“That is a hole that no subcontractor, small business can survive,” Owen said.
According to Owen, the financial strain has severely impacted his company, depleted its reserves, and placed jobs at risk.
“I haven’t had eight hours or six hours sleep in over a year,” Owen said. “I’m cooked emotionally.
“I feel like an aluminum can that’s been thrown in front of a steamroller. We’re crushed. And I have to fight for my company and for my people.”
A report published Wednesday by Fox News Digital cited several subcontractors who say they suffered losses ranging from hundreds of thousands of dollars to tens of millions while working on the project.
The allegations have cast a shadow over one of the center’s stated missions: promoting economic growth and business opportunities for minority-owned companies and local contractors.
Owen said watching preparations for the center’s grand opening has been especially difficult while unresolved payment disputes remain hanging over many of the firms involved.
“It was kind of hard seeing some local and national celebrities high-fiving and back-slapping here about the work that’s been done,” Owen said.
“The backdrop of a coming celebration is kind of hard to swallow for me and for some of my peers at the moment.”
In response, the Obama Foundation said it fulfilled its financial obligations to Lakeside Alliance, the construction manager overseeing the project. Foundation officials emphasized that responsibility for contracting with and paying subcontractors rested with Lakeside Alliance.
The foundation further stated that it has no unresolved billing disputes with the construction manager and noted that it does not maintain direct contractual relationships with subcontractors.
Officials also highlighted what they described as the project’s success in surpassing diversity participation benchmarks and pointed to accelerated payment programs and other financial assistance initiatives intended to support smaller businesses.
Owen said he chose to speak publicly only after spending months trying unsuccessfully to recover what he believes his company is owed.
“As for me and my company, I’m at the end of my rope and I see no other choice than to have to tell my story,” he said.
“This is not to embarrass anybody, but this is just to make sure that the truth gets told out here of what has happened to the companies that poured their heart and soul into getting this job complete and operational.”
Despite his frustration over the financial dispute, Owen said he still takes pride in the work his company contributed to the landmark project.
“The interior of this presidential center is quite beautiful and it’s something to be proud of,” he said. “And we are still proud to have been part of this job.
“We just wish it would have gone a different way financially.”
{Matzav.com}
