Two large government contractors are paying tens of millions of dollars in fines to settle False Claims Act lawsuits.
Two large government contractors are paying tens of millions of dollars in fines to settle False Claims Act lawsuits.
The Justice Department announced Friday that Lockheed Martin Integrated Systems would pay $27.5 million to resolve allegations that it overbilled the Army for an employee who was under-qualified for the position.
Justice also said on Friday that Iron Mountain paid the government $44.5 million to settle claims that it overcharged agencies through its General Services Administration’s schedule contract for 13 years.
Both cases continue DoJ’s aggressive pursuit of vendors under the False Claims Act. In fiscal 2014, Justice announced in November that it recovered almost $5.7 billion from companies in civil actions. That total is up from the $3.8 billion that DoJ collected in 2013.
Overall, Justice said it recovered $24 billion in civil and criminal fines last year.
Please continue reading at http://www.federalnewsradio.com/130/3767779/Lockheed-Iron-Mountain-settle-overbilling-allegations-.