GSA Burns Contractors

STIFFED!

Updated Apr. 21, 2017 10:36AM EDT / Published May 16, 2013 9:06AM EDT

This has not been the best week for federal government agencies. The House Small Business Committee has announced the results of its investigation into the General Services Administration, which revealed the agency failed to pay 1,334 small federal contractors over the past five years for a total of $3 million. The reason for the oversight? The GSA failed to complete a “guaranteed minimum payment” clause in its contracts. The GSA says it will begin to make good on payments dating back to 2007.

Read it at The Washington Post

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GSA Burns Contractors