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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…
Rent Overcharge
Lockheed gave the FAA $10.5 million in credit for future billing to settle a case involving overcharged rent. “An OIG investigation and audit by the Defense Contract Audit Agency disclosed that IBM’s Federal Systems Division overcharged the FAA for rent on four office buildings in Rockville, MD, by approximately $15 million. Lockheed-Martin (which acquired IBM’s Federal Systems Division) agreed to credit the FAA with $10,500,000, to be offset through future billings.”
- Misconduct Type
- Defective Pricing
- Enforcement Agency
- Transportation
- Contracting Party
- Transportation
- Court Type
- Civil
- Disposition
- Settlement
- Date of Settlement
- 3/31/2001
