COVID Stimulus Watch Individual Entry
Recipient Company:
FLUOR CORP
Loan or Loan Guarantee Amount:
$864,745
Recipient Details
Ownership Structure: publicly traded (ticker symbol NYSE: FLR)
Award Details
Award Date: Jul 10, 2020
Award Type: loan
Award Details: Amount represents the purchase price of company bonds bought by the Fed.
Program Name: Secondary Market Corporate Credit Facility
Legislation: CARES
Awarding Agency: Federal Reserve
Data Source for Award:
https://www.federalreserve.gov/publications/reports-to-congress-in-respo...
Parent Company Data
Parent Company: Fluor
Headquartered in: Texas
Parent Sector: construction and engineering
Parent Industry: construction & engineering
Employees (prior to pandemic): 53,349
Accountability Issues Since 2010
Employment-related Penalties: $12,411,759
Government-contracting-related Penalties: $1,100,000
Environmental / Healthcare / Safety Penalties: $1,803,829
Consumer Protection / Financial / Competition-related Penalties: $4,000,000
Ratio of CEO Pay to that of Median Worker: 180 to 1
CEO Compensation: $12,673,601
Worker Median Pay: $70,540
Total Federal, State, and Local Subsidies: $458,629
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