Virginia IT products and services company, ADS Inc., has agreed to settle with the government over allegations of false claims and fraud in federal small business contracts. The defense contractor and their subsidiaries will pay the U.S. government $16 million to settle the False Claims Act allegations. The Virginia-based contractor allegedly took part in illegal bid rigging schemes that “deprived legitimate small businesses of valuable federal contracting opportunities,” according to a statement from the Office of Inspector General.
Full Story: Federal Times
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