Aggregate Industries NE Inc., has pleaded guilty to fraud for supplying substandard concrete on the Big Dig and will pay $50 million to settle the case. $42 million will go to settle a civil investigation and $8 million will be paid in criminal fines.

The company will be allowed to bid on future state and federal contracts, a major factor in reaching the settlement.

Whistleblower suits were filed in both state and federal court against Aggregate.

The Boston Globe reported on the settlement on July 28, 2007; the Massachusetts Lawyers Weekly ran a story on August 6, 2007.

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