Military Contract Appeals Board Case Shows Risks Of Fraud
September 20, 2013, 11:55 AM EDT
Law360, New York (September 20, 2013, 11:55 AM EDT) -- The Armed Services Board of Contract Appeals again reminded the contracting community that honesty is the only policy when it comes to competing for federal projects. In Dongbuk R&U Engineering Co. Ltd., the ASBCA denied all of Dongbuk’s claims for costs incurred during the performance of its contract despite the fact that the government received the bulk of the goods and services required by the contract.
The ASBCA found that Dongbuk was not entitled to payment for the services performed due to alleged fraudulent conduct of...