Tenn. airport is rebidding project after discovering fraudulent bonds

10/30/2013 | Daily News (Memphis, Tenn.), The

The Memphis-Shelby County Airport Authority in Tennessee is seeking another contractor to demolish an airport hotel after discovering that the surety bond backing the $485,000 low bid is one linked to fraudulent bond activity. Similar problematic bonds have emerged in other states and American Samoa.

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Daily News (Memphis, Tenn.), The

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