Called Out For Bad Behavior
Recovery.gov, the Web site tracking progress of the economic stimulus package, is naming names when it comes to stimulus-funded tech companies who have twice failed to report on their spending.
Recovery.gov, the Web site tracking progress of the economic stimulus package, is naming names when it comes to stimulus-funded tech companies that have twice failed to report on their spending.
On Thursday, the Recovery Accountability and Transparency Board, which oversees stimulus spending, released a list of funding recipients who have not reported on the status of their projects, job creation, and other accountability measures since money started flowing last year. Under the Recovery Act, reporting is voluntary. Board Chairman Earl Devaney has not been shy about calling on Congress to amend the law to establish penalties for those who don't report.
Several tech companies are among the most-wanted list, including:
- Eyak Technologies, which was awarded $656,000 by the Homeland Security Department
- GE Medical Systems Information Technologies, which was awarded $14,622.20 by the Health and Human Services Department
- Technica Corp, which was awarded $24,763.11 by HHS
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