Veterans Affairs called it a small-business contract, but a big firm got 90% of the money
Source: Washington Post
As the Northern Virginia firm MicroTechnologies soared to the top tier of the nation’s small federal contractors, competitors and others in the contracting world asked the same question: How could such a firm still be eligible for deals reserved for small businesses?
In fiscal 2005, the year after its launch, MicroTech had $1.5 million worth of contracts. The next year it had $60 million, then $109 million in 2008 and $311 million in 2011 — a third of it through programs for small and disadvantaged firms, federal records show. But in 2011, MicroTech certified that it was still qualified for technology contracts reserved for companies with $25 million or less in average revenue over three years. Federal law imposes criminal and civil penalties for false statements about such matters.
A Washington Post investigation found that MicroTech worked with the Department of Veterans Affairs to use a little-known contracting method on deals worth hundreds of millions of dollars.
The arrangement benefited them both. MicroTech got millions in orders, and VA got credit for directing business to a small firm owned by a service-disabled veteran, even though more than 90 percent of the money went to large firms, documents and interviews show...
Read more: http://www.washingtonpost.com/investigations/va-called-it-a-small-business-contract-but-a-big-firm-got-90-percent-of-the-money/2013/11/13/d9a88018-b663-11e2-92f3-f291801936b8_story.html
...And our veterans get the fuzzy side of the lollipop once again.
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