COMPANIES

Company dishes out $7.8M for falsely claiming 8(a) status

LB&B Associates is dishing out $7.8 million to settle claims that the company falsely represented itself as a small disadvantaged business, Federal Times reports.

The false claims allowed the company to illegally qualify for set aside contracts under the Small Business Administration’s 8(a) program.

Two former employees were responsible for bringing the case to light as whistleblowers, Federal Times said.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close

Trending

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.