Court Splits Difference In Veridyne-DOT Contract Battle

Law360, New York (July 9, 2012, 9:31 PM EDT) -- A Court of Federal Claims on Friday assessed penalties on the Department of Transportation and contractor Veridyne Corp. in a messy contract fight, hitting the contractor with $2 million in False Claims Act damages related to a contract signed at an artificially low $3 million to qualify for a small business set-aside.

Veridyne and the DOT's Maritime Administration (MARAD) pushed through a $3 million shipping-support contract extension in 1998, just as Veridyne was set to graduate from the Small Business Administration's 8(a) program, which allows businesses...
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