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American Small Business League
Government Small Business Contracts Went to Fortune 500 Companies, According to Latest Federal Investigation
July 26th, 2008
On July 1st, 2008, the Department of Interior (DOI) became the latest federal agency to issue a report that found Fortune 500 firms were the actual recipients of federal small business contracts. The report also found contracts to Fortune 500 firms were used to falsify the DOI's compliance with its small business contracting goal and significantly misrepresent the Bush Administration's compliance with the Congressionally mandated 23 percent small business contracting goal. The report stated that despite regulations and policies put in place to ensure data integrity, contracting officers intentionally reported contracts to...
Source: Law & Health Weekly (2008-07-26)
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