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CityTime Payroll Scandal
The CityTime payroll scandal was a 2003–2010 public corruption scandal in which several contractors, namely from SAIC, fraudulently inflated project costs for implementing the New York CityTime electronic payroll and timekeeping system. Background CityTime was a New York City contract to build a timekeeping and payroll system for city employees, awarded to SAIC as a no-bid, $63 million contract in 2003. In the following years, the contract ballooned to $700 million, as consultant rates were artificially inflated, and contract terms were adjusted to make the city responsible for "cost overruns". Indictment and Prosecution In February 2011, US Attorney Preet Bharara announced the indictment of five consultants working on CityTime, for misappropriating more than $80 million from the project. The investigation expanded to five additional defendants being charged, including a consultant who allegedly received more than $5 million in illegal kickbacks on the projects. Ultimatel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Leidos
Leidos, formerly known as Science Applications International Corporation (SAIC), is an American defense, aviation, information technology (Lockheed Martin IS&GS), and biomedical research company headquartered in Reston, Virginia, that provides scientific, engineering, systems integration, and technical services. Leidos merged with Lockheed Martin's IT sector, Information Systems & Global Solutions, in August 2016 to create the defense industry’s largest IT services provider. The Leidos-Lockheed Martin merger is one of the biggest transactions thus far in the consolidation of a defense sector. Leidos works extensively with the United States Department of Defense, the United States Department of Homeland Security, and the United States Intelligence Community, including the NSA, as well as other U.S. government civil agencies and selected commercial markets. History As SAIC The company was founded by J. Robert "Bob" Beyster in 1969 in the La Jolla neighborhood of San Diego, Cali ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York City
New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the List of United States cities by population density, most densely populated major city in the United States, and is more than twice as populous as second-place Los Angeles. New York City lies at the southern tip of New York (state), New York State, and constitutes the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the world by urban area, urban landmass. With over 20.1 million people in its metropolitan statistical area and 23.5 million in its combined statistical area as of 2020, New York is one of the world's most populous Megacity, megacities, and over 58 million people live within of the city. New York City is a global city, global Culture of New ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Preet Bharara
Preetinder Singh Bharara (; born October 13, 1968) is an Indian-born American lawyer, author, podcaster and former federal prosecutor who served as the United States Attorney for the Southern District of New York from 2009 to 2017. He is currently a partner at the law firm Wilmer Cutler Pickering Hale and Dorr. He served as an Assistant U.S. Attorney for five years prior to leading the Southern District. According to ''The New York Times'', Bharara was one of the "nation's most aggressive and outspoken prosecutors of public corruption and Wall Street crime" during his tenure.Benjamin Weiser & William K. RashbaumWith Preet Bharara’s Dismissal, Storied Office Loses Its Top Fighter ''The New York Times'' (March 10, 2017). Born in Firozpur, India, his family immigrated to New Jersey in 1970. Bharara graduated from Harvard College in 1990 and attended Columbia Law School before joining Gibson, Dunn & Crutcher as a litigation associate in 1993. Three years later he moved to Shereff ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
City Of New York
New York, often called New York City or NYC, is the most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the most densely populated major city in the United States, and is more than twice as populous as second-place Los Angeles. New York City lies at the southern tip of New York State, and constitutes the geographical and demographic center of both the Northeast megalopolis and the New York metropolitan area, the largest metropolitan area in the world by urban landmass. With over 20.1 million people in its metropolitan statistical area and 23.5 million in its combined statistical area as of 2020, New York is one of the world's most populous megacities, and over 58 million people live within of the city. New York City is a global cultural, financial, entertainment, and media center with a significant influence on commerce, health care and life sciences, research, technology, education, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Overbilling
Overbilling (sometimes spelled as over-billing) is the practice of charging more than is legally or ethically acceptable on an invoice or bill. Overview Contractors and professionals Overbilling in the medical industry can occur when doctors seek to overcharge the government or an insurance company for the actual services provided to their patients or by charging for services not provided. Overbilling in the legal industry can occur with both large institutional clients and smaller, individual companies or personal clients. Overbilling can be an issue in the consultancy and information technology industries as well. Stephen Northcutt, Cynthia Madden, and Cynthia Welti wrote that overbilling occurs more often within larger companies where there is less of a personal connection between employees or contractors and the firm being billed. Institutional overbilling Overbilling can occur when larger institutions or governments create errors in their calculations of how much various indiv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
InformationWeek
''InformationWeek'' is a digital magazine which conducts corresponding face-to-face events, virtual events, and research. It is headquartered in San Francisco, California and was first published in 1985 by CMP Media, later called Informa. The print edition of the magazine has ceased, with the last issue published on June 24, 2013. History The print edition began in 1985 using the name ''Information Week''. * April 1999 - Information Week began its 14th international edition: Brazil. * May 1997 through 2000 – The worldwide regional publications of '' LAN Magazine'' were renamed to the already existing ''Network Magazine''. Networkmagazine.com and lanmag.com now redirect to informationweek.com * September 2005 – ''Network Magazine'' (networkmagazine.com) was renamed ''IT Architect'' (itarchitect.com). The offline publication was shut down after the March 2006 issue. itarchitect.com now redirects to InformationWeek. * June 2006 – The company announced that offline publicati ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York Post
The ''New York Post'' (''NY Post'') is a conservative daily tabloid newspaper published in New York City. The ''Post'' also operates NYPost.com, the celebrity gossip site PageSix.com, and the entertainment site Decider.com. It was established in 1801 by Federalist and Founding Father Alexander Hamilton, and became a respected broadsheet in the 19th century under the name ''New York Evening Post''. Its most famous 19th-century editor was William Cullen Bryant. In the mid-20th century, the paper was owned by Dorothy Schiff, a devoted liberal, who developed its tabloid format. In 1976, Rupert Murdoch bought the ''Post'' for US$30.5 million. Since 1993, the ''Post'' has been owned by Murdoch's News Corp. Its distribution ranked 4th in the US in 2019. History 19th century The ''Post'' was founded by Alexander Hamilton with about US$10,000 () from a group of investors in the autumn of 1801 as the ''New-York Evening Post'', a broadsheet. Hamilton's co-investors included other New ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
No-bid Contracts
Multisourcing is the concept of working with multiple suppliers who are also competitors. Large-scale buyers, such as the U.S. federal government, may want to feel assured that there is more than one supplier for an item. It has been described as the opposite of "one neck to wring". The opposite is called sole-source. Intel, a large corporation, was not "enough" for the x86, and so others such as Advanced Micro Devices and Cyrix were needed. Models There are two primary models for Multisourcing: Prime Contractor and Client models: Prime Contractor model A ''Prime Contractor'' may use '' subcontractors''. Either way, the client has "one neck to wring". Client model The client is the '' system integrator''. Multiple outside sources, each with their own "perceived core competencies", provide services. This does not preclude the outside suppliers from further subcontracting. Sole sourcing Although "no-bid contracts are illegal under European Union procurement law", "there are e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
