Department of Veterans Affairs Audit of Veteran-Owned and Service-Disabled Veteran-Owned Small Business Programs
A little light reading for those concerned about Veteran issues and Government Contracting abuses. Here are a few excerpts from the report:
"We project that VA awarded ineligible businesses at
least 1,400 VOSB and SDVOSB contracts valued at $500 million annually and that
it will award about $2.5 billion in VOSB and SDVOSB contracts to ineligible
businesses over the next 5 years if it does not strengthen oversight and
verification procedures."
"Although VA reported awarding 23 and 20 percent of its total procurement
dollars, respectively, to VOSBs and SDVOSBs in FY 2010, we projected that these
figures were overstated by 3 to 17 percent because of awards made to ineligible
businesses."
"OSDBU’s ineffective oversight of CVE contributed to the significant
number of ineligible businesses that received VOSB and SDVOSB contracts. OSDBU
did not ensure CVE had adequate VOSB and SDVOSB verification processes and that
it adequately maintained the VetBiz VIP database."
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