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Story summary
- Mike Owen, owner of Adamson Plumbing Contractors, shut down the firm and laid off 25 workers after filing a $1.72 million lien over unpaid work on the Obama Presidential Center.
- He said the project caused $3.9 million in losses from delays, rework and labor overruns.
- Owen will continue pursuing the $3.9 million claim in court.
- The Obama Foundation required a 15-day payment cycle for subcontractors as center’s cost climbed from $350 million to over $1 billion.
