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Monday, February 25, 2013

TIGTA to Investigate Whether IRS Improperly Steered $500 Million in Contracts to Computer Company

TIGTA The Treasury Inspector General for Tax Administration has agreed to investigate whether an IRS employee improperly steered more than $500 million in government contracts to Signet Computers, after receiving this letter from House Committee on Oversight and Government Reform Chair Darrell Issa.

Washington Post, House Committee Investigating $500 Million in Contracts Between IRS, Computer Company:

“At best, this is a conflict of interest that runs afoul of ... Federal Acquisition Regulation,” Issa writes. “At worst, the IRS may have a situation in which a contracting official is awarding sole source contracts based on false justifications, or receiving kickbacks in exchange for government contracts.” ... The IRS’ contracts with Signet Computers also may have been tailored so that Signet was the only company that could win them in open bidding, Issa writes.

http://taxprof.typepad.com/taxprof_blog/2013/02/tigta-to-investigate.html

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