Tuesday, March 23, 2010

$420M for 'bribery' school-bus firms

The New York Post reports:
Nearly a dozen yellow-school-bus companies that were implicated in a federal pay-to-play bribery scheme were cleared to rake in more than $420 million in city transportation contracts by a schools policy committee yesterday.

Five bus contractors that were recently named in a federal corruption trial -- Gotham, Jofaz, Hoyt and Dak transportation companies and Rainbow Transit -- will net about $270 million in three-year contract extensions if the entire education board gives its approval this evening.