May 31 2013 Copyright (c) 2013 Business Research Services Inc. 301-229-5561 All rights reserved.

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    • DOT IG faults small biz contracting

    The Transportation Department is not doing enough to supervise contracting with small disadvantaged businesses, according to a new report from the Office of Inspector General.

    DOT’s Disadvantaged Business Enterprises (DBE) program distributed almost $3 billion in fiscal 2010. However, disadvantaged firms made up nearly 25% of active fraud investigations that year. Currently, they represent 29%.

    “Our audit found that the Department does not provide effective program management for the DBE program,” the IG concluded.

    More information: http://www.oig.dot.gov/library-item/6101


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