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…
Termination of an Agreement
In 2002, Verizon recorded a charge of $175 million to settle a litigation matter that arose from its termination of an agreement with NorthPoint Communications Group, Inc. to combine the two companies’ digital subscriber line (DSL) businesses.
- Misconduct Type
- Poor Contract Performance
- Enforcement Agency
- Non-Governmental
- Contracting Party
- Non-Governmental
- Court Type
- Civil
- Disposition
- Settlement
- Date of Financial Statement - approximate
- 1/1/2004