Bovis to Pay City $5 Million for Overcharges

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One of the city's largest general contractors has reached a $5 million settlement with New York City.

Bovis Lend Lease, who worked on the deconstruction of the Deutsche Bank Building in Lower Manhattan, allegedly overcharged the city at more than 100 projects between 1999 and 2009, according to the city's Department of Investigation.

The organization paid union foremen overtime and extra pay that was never worked and passed the check to the city, the city charged.

On its website, Bovis said it settled without admitting liability in order to restore its standing with city agencies.