POGO – Federal Government’s Largest Contractors Have Paid Billions in Fines, Penalties

by Sabrina I. Pacifici on March 13, 2013

“The federal government’s largest suppliers of goods and services have accumulated more than $59 billon in fines, penalties, and settlements since 1995 according to the Project On Government Oversight’s (POGO) Federal Contractor Misconduct Database. POGO has added 12 new entities to the database, including telecom giant Verizon Communications and health insurer Highmark. Verizon has 24 instances of misconduct for which it incurred $477.5 million in penalties. Highmark has 7 instances and $59.3 million in penalties. The database now contains the civil, criminal, and administrative misconduct track records of a total of 172 contractors. The database’s new top 100 federal contractors—ranked according to fiscal year 2011 contract spending data reported on the Federal Procurement Data System—received 55 percent of the $537 billion in federal contracts awarded that year. As of today, these 100 contractors have accumulated 932 misconduct instances and $41 billion in monetary penalties since 1995.”

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