Axion Specialty Contracting LLC (Axion) was sentenced to pay a $1,001,989 criminal fine and $313,121 in restitution on Nov. 4 in Bridgeport, Connecticut, for its participation in a bid-rigging scheme targeting public and private entities in Connecticut. This is the third sentencing arising out of a long-running investigation into the insulation contracting industry.
According to a guilty plea entered on Aug. 3 the defendant conspired with other insulation contractors to rig bids on contracts for installing insulation around pipes and ducts on construction projects at universities, hospitals and other public and private entities in Connecticut. The conspiracy ran for over five years, beginning as early as October 2012 and continuing until as late as March 2018. Six other individuals and companies have pleaded guilty to criminal conduct arising out of this investigation. Three individuals and one company await sentencing.