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with its laborers and operating engineers. Petitioner paid its
laborers and operating engineers the highest wage scale in the
State of Minnesota.
C. Dennis' Responsibilities and Qualifications
By 1995, Dennis had more than 30 years of experience in the
construction and logging industries and had been petitioner's
president for 10 years.
Dennis prepared, approved, and submitted bids for contract
work. He was responsible for securing contracts at a profit
sufficient to keep petitioner's four construction crews active
throughout the construction season in northern Minnesota. He
selected bonding companies, consulting engineers, investment
firms, attorneys, and accountants. Dennis negotiated the union
contracts and the employee fringe benefit plans. He was
responsible for addressing all complaints and concerns about the
daily operations of the company.
Dennis was also responsible for the final decisions on the
purchase of major assets. Dennis approved all subcontract
payments and verified that all subcontractor deficiencies were
corrected. He was responsible for negotiating all financing
arrangements and equipment rental rates. Dennis made the final
decision on when to purchase and select stocks, securities, and
investments. He negotiated all private business contracts and
made the final decision on billings and collections.
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Last modified: May 25, 2011