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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…

Asbestos Litigation

For several years, Honeywell has been trying to settle tens of thousands of asbestos-related injury claims involving its former brick and cement making unit, the North American Refractories Company (NARCO), and Bendix, a former unit of AlliedSignal, which merged with Honeywell. According to Honeywell’s February 2007 Form 10-K, the company estimates its liability for settlement of pending and future NARCO-related asbestos claims as of December 31, 2006 and 2005 at $1.3 and $1.8 billion, respectively, and estimates its liability for settlement of pending and future Bendix-related asbestos claims as of December 31, 2006 at $528 million.

Misconduct Type
Labor
Enforcement Agency
Non-Governmental
Contracting Party
None
Court Type
Civil
Disposition
Settlement
Date of 10-K Filing
2/16/2007
Contractors Involved Penalty
Total
Honeywell International Inc. Unknown
Further Information Released
10-K (pp. 107-114 of 224) 4/17/2007

Federal Contractor Misconduct Database