DOE Finds Conflicts Of Interest In Small-Business Grants

Law360, New York (November 9, 2012, 6:37 PM EST) -- The U.S. Department of Energy's inspector general reported Wednesday that the agency's small-business research grants were not always evaluated for effectiveness, raising the possibility of wasted spending, and he substantiated at least two cases of grant awards that violated conflict of interest rules.

The DOE spent $175.5 million of its 2012 budget on the small-business research grants, with an additional $92 million in American Recovery and Reinvestment Act of 2009 funding — but the DOE inspector general had numerous problems, including evaluating grants, failing to mitigate...
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