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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…

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
Contractors Involved Penalty
Total
Verizon Communications, Inc. $175,000,000
Further Information Released
Verizon Press Release (p. 2 of 3) 9/2/2006

Federal Contractor Misconduct Database