Menu

Federal Contractor Misconduct Database (FCMD)

The federal government routinely awards contracts to companies with histories of misconduct, including contract fraud and other violations. POGO believes that providing this website will help to improve contracting decisions and increase public knowledge of how the government spends billions of taxpayer dollars each year. Read more…

Manipulation of Western Electricity Market (FERC Settlement)

The Federal Energy Regulatory Commission (FERC) accused BP Energy Company of manipulating electricity prices in western U.S. markets. A FERC investigation found three occasions in 2000 when a BP Energy trader attempted to manipulate electricity prices at Palo Verde, an important trading hub. BP Energy acknowledged that this trader’s actions were “inappropriate, disappointing, and embarrassing for the company.” As part of the settlement, BP Energy, which did not admit to any wrongdoing, agreed to contribute $3,000,000 to fund tow-income home energy assistance programs for customers in California and Arizona.

Misconduct Type
Antitrust
Enforcement Agency
Energy
Contracting Party
None
Court Type
N/A
Disposition
Settlement
Date of Consent Agreement
7/18/2003
Contractors Involved Penalty
Total
BP P.L.C. $3,000,000
Further Information Released
Consent Agreement 5/13/2010

Federal Contractor Misconduct Database