State AG: Connecticut Port Authority ‘success fee’ to contractor was legal

Attorney General William Tong on Tuesday announced his office had closed a whistleblower investigation into the Connecticut Port Authority and determined there was nothing illegal about the $523,000 “success fee” paid to a contractor, Seabury Capital, whose co-founder was a former port authority board member. “Our investigation did not substantiate the whistleblower’s allegations of impropriety regarding ‘success fees,’ but it did substantiate allegations of unethical behavior, as well as develop evidence of multiple alleged violations of both the Code of Ethics for Public Officials and the Code of Ethics for Lobbyists,” Tong said in a statement. Tong, in a statement, said the success fees paid to Seabury, which were criticized as a potentially illegal “finder’s fee” by the State Contracting Standards Board, were in fact payments contained in an agreement between the port authority and Seabury. The $523,000 success fee was part of a $700,000 payment to Seabury in 2020 for the work the company performed.

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