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About POGO's Federal Contractor Misconduct Database (FCMD)
The government awards contracts to companies with histories of misconduct such as contract fraud and environmental, ethics, and labor violations. In the absence of a centralized federal database listing instances of misconduct, the Project On Government Oversight (POGO) is providing such data. We believe that it will lead to improved contracting decisions and public access to information about how the government spends hundreds of billions of taxpayer money each year on goods and services. Report an instance of misconduct »
Lockheed Martin
Real Estate Appraisal Scheme
Date: 07/14/1997 (Date of Settlement)
Misconduct Type: Government Contract Fraud
Enforcement Agency: Defense – Air Force
Contracting Party: Defense - Air Force
Court Type: undisclosed/unknown
Amount: $202,500
Disposition: Settlement
Synopsis: According to a GAO report cited by Senator Harkin and Representative DeFazio (drawing from a Department of Defense Inspector General report of investigation), Lockheed paid $202,500 to settle allegations that a Lockheed facilities manager was allegedly involved in a scheme with an independent real estate appraiser to over-appraise the value of Lockheed executives’ homes during a relocation buyback program.
