March 31, 2008
EPA Temporarily Bars IBM From New Federal Contracts
IBM has been temporarily barred from receiving contracts with all federal agencies while the Environmental Protection Agency reviews concerns raised about potential activities involving a procurement, AP reports.
IBM and some of its employees have received subpoenas from a federal grand jury.
Under an agreement among federal agencies, when one issues a ban, the others follow it. IBM has federal contracts worth at least $1.3 billion.
The EPA isn’t discussing what led to the suspension, but IBM has released a statement saying that the suspension is related to an EPA bid originally submitted in March 2006.
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Reader Comments
All sizzle, no steak to this article. But it’s still nice to have the heads up. Not good timing for IBM, especially if the Infrastructure Bank actually gets off the ground…
Tim | September 14th, 2010