The US Justice Department reports that GTE Corp’s government systems unit will pay $3.25m to settle claims it billed too much on federal contracts: the unit was charged with incorrectly characterising capital equipment leases as operating leases, increasing the overhead rate it billed the government.
The US Justice Department reports that GTE Corp’s government systems unit will pay $3.25m to settle claims it billed too much on federal contracts: the unit was charged with incorrectly characterising capital equipment leases as operating leases, increasing the overhead rate it billed the government.
