In March 2012, SAIC agreed to pay $500.4 million under a deferred prosecution agreement to resolve claims of fraud occurring on the CityTime information technology contract with New York City. SAIC admitted it failed to investigate and notify the city of claims that project manager Gerard Denault steered work to subcontractor Technodyne LLC in exchange for kickbacks. SAIC agreed to the filing of one count of conspiracy to commit wire fraud and agreed to disgorge proceeds of the offense, including $370.4 million in restitution to the city and a $130 million penalty. The charge will be dropped after 3 years if SAIC pays the money and cooperates with federal investigators. See related SAIC instances “U.S. v. Denault (CityTime Contract Fraud)” and “U.S. v. Bell (CityTime Contract Fraud).