Energy Dept. Audit Finds Overcharges On Contracts
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The Los Alamos National Laboratory paid millions of dollars in questionable charges to a contractor affiliated with KBR, according to a recent audit by the Energy Department's inspector general.
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The case appears to be focused on whether hospitals are fraudulently overcharging Medicare and other programs for goods.
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Top Democrats on the Senate Energy Committee ordered a new inquiry on Thursday into the Interior Departmentâs program to collect billions of dollars worth of oil and gas from companies that drill on public territory.
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The suit accuses oil companies and gas stations of overcharging customers at the pump by failing to compensate for changes in gasoline volumes when temperatures rise.
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Internal audits conducted by the United Nations of its oil-for-food program revealed lapses in U.N. oversight that allowed contractors to overcharge by hundreds of thousands of dollars, according to copies obtained by The Associated Press.
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LAS VEGAS - The parent company of Nevada&#39;s two major electric utilities has won a rehearing of a federal bankruptcy court ruling that said it owed more than $300 million to energy trader Enron Power Marketing.
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WASHINGTON -- The District of Columbia risks losing federal funds because it has overpaid contractors almost $100 million for medical services, an audit found.
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Democrat John Kerry charged President Bush's administration on Friday with rewarding politically connected companies with huge defense contracts and then "turning a blind eye to the massive overcharging and waste."
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Research finds that poor forecasting, increases in scope and conflicts between multiple projects result in overspending.
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WEATHERFORD, Texas - Perhaps his $24 billion electric bill will teach Richard Redden not to leave the heat running. Thanks to a printing error, Redden and more than 1,300 Weatherford utility customers this week received billion-dollar electric bills marked as late notices.
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Energy industry executives are looking for deals across the power and oil and gas sectors, but with valuations and asset prices running at high levels, many have narrowed their deal criteria to exclude large link-ups.
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AstraZeneca, Bristol-Myers Squibb and Schering-Plough must pay damages for overcharging on certain drugs.
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Bonds posted by companies with federal oil and gas leases cover only a small fraction of the projected costs of plugging wells and restoring land once the fuel is extracted, leaving taxpayers with the potential for huge cleanup bills, an Associated Press analysis of federal records shows.
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Greater Boston businesses and homeowners buckling under soaring gasoline and heating costs could get socked with up to $800 million a year in new electric costs under a proposed federal policy change, Massachusetts Attorney General Thomas F. Reilly warned yesterday.
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Sometimes it is small provisions that trip up big bills.
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KBR, the government contracting firm formerly under Halliburton, did not keep accurate records of gasoline distribution, put its employees in living spaces that may be larger than warranted and served meals that appeared to cost $4.5 million more than necessary under a contract to perform work in...
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The Transportation Security Administration has overpaid Boeing Co. by at least $49 million on a contract to install explosive detection equipment at US commercial airports, according to an internal audit released Monday.