U.S. Pays High Prices for Masks From Unproven Vendors in Coronavirus Fight
Source: WSJ
The federal government, scrambling to find N95 masks to protect health-care workers from coronavirus infection, has placed more than $110 million in mask orders at high prices with unproven vendors, according to a Wall Street Journal review of federal contracting data.
Of the more than 20 million N95 masks the government ordered for full delivery by the end of May, at least 80% were ordered from suppliers that either had never done business with the federal government or had only taken on small prior contracts that didn’t include medical supplies, according to the data. Some of the vendors already have missed delivery deadlines or have backed out because of supply problems. The parent company of one supplier is in bankruptcy and its owners have been accused of fraud in lawsuits by multiple business partners.
The average price the government agreed to pay for masks from vendors offering quick delivery is close to $6 apiece, roughly six times the list price but in line with the current market rate. Most of the orders were placed with no-bid contracts, federal databases show. The government generally doesn’t pay for goods until they are delivered.
The Trump administration, facing criticism for its handling of the novel coronavirus pandemic, has signed more than $3 billion in pandemic-related contracts recently. That includes orders for 600 million N95 masks from major established producers like 3M Co. and Honeywell International Inc. for less than $1 each. Those orders stretch out until late 2021 but are starting to trickle in. 3M and other manufacturers are also selling many masks to hospitals through their normal distribution networks. Major vendors like these have previously been vetted and have shown their ability to deliver. A Trump administration spokeswoman didn’t immediately respond to a request for comment.
Read more: https://www.wsj.com/articles/u-s-pays-high-prices-for-masks-from-unproven-vendors-in-coronavirus-fight-11587218400
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Some of the vendors: Federal Government Experts, Panthera Worldwide, Aunt Flow Corp.
Wright Consultants & Associates
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psychopath in office, every last one of them in the next stimulus package ...............they all have BLOOD ON THERE SLIMY HANDS...........I know it is a dream.............but I am, thoroughly pissed off ......
Fucking November 3, 2020 and January 20, 2021 cannot get here fast enough...................
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