Fred Smith knows about roads first-hand.
The Republican gubernatorial candidate took over as chief executive officer of Raleigh-based paving company C.C. Mangum Co. in 2004.
He recently told Dome the company gets about 30 percent of its business from public contracts.
Since 2004, the state Department of Transportation has paid C.C. Mangum about $42.4 million for 16 completed and ongoing projects in Wake, Granville, Durham, Orange, Chatham and Johnston counties.
The most expensive project is still being finished. C.C. Mangum bid $35 million for work on N.C. 54 in Durham and Wake counties and has received about $15 million for work so far.
More after the jump.
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Other expensive projects include a $5.8 million payment for work on N.C. 50 in Wake County, a $4 million project on Reedy Creek Greenway from the N.C. Museum of Art to Meredith College in Wake County, and a $3.6 million on sections of U.S. 64 and Interstate 440 in Wake County.
Out of the 14 projects, C.C. Mangum finished five on time, six less than a month late, one less than four months late, one less than five months late and one less than six months late .
At exactly six months, Reedy Creek Greenway was the most overdue.
Nine of the 14 projects were cheaper than C.C. Mangum's initial bid. Five projects finished over budget.
The company cut about $300,000 out a project in Wake and Durham Counties. But C.C. Mangum went over budget by $1.5 million during a project on section of N.C. 50 and secondary roads in Wake County.
Document(s):
mangum-contracts.xls


Re: Mr. Mangum
Transportation planning = social engineering