Kickbacks on Federal IT contracts widespread, involved millions, DOJ charges
Click here to read article.
The Divine Imaging Blog
U.S. GSA Contract # GS-02F-0190N - A small, woman-owned, America-based company!
Bio Link
Divine Imaging is a small, woman-owned, GSA-certified MAS Contractor reselling an array of office products and equipment to the Federal Government. Divine is a worldwide leader in the direct supply of premium imaging cartridges, electronics, office products and equipment, offering quality products at competitive prices. Based in Beverly Hills, CA, the Divine Team is one of the fastest-growing, government-contracted companies providing quality-tested products, certified to specific standards for optimum performance and TAA compliance.
The Divine Imaging Blog: Kickbacks on Federal IT contracts widespread, involved millions, DOJ charges
It's just amazing where you find these stories!!!! Almost like you're reading my mind!!!!
Reply to this
Look carefully at the small business rule and you will find that it has essentially sapped millions of dollars of future value out of your company. Small businesses must either grow to be large businesses, be sold (often driven by illness or retirement), or accept an eventual demise.If you cannot sell your business with your contract backlog intact and secure, then there is no market for your company. If you sell to another small business, chances are the new entity will cease to be small. SBA did a "knee jerk" reaction to instances of fraud that they could have dealt with under existing legislation. In fact, much of the "pass through/front companies" have been created by congress. Native and Alaskan Native companies don't have any competitive limitations including the fact that they don't have to run the companies themselves. Yet they get contracts with no restrictions, no competition, no ceilings, and again no requirement that Native Americans, Alaskan or otherwise be involved in leadership. So value is sucked out of thousands of small businesses doing business with the government, and "front companies" continue to be propped up by Congress and SBA.
You've done well with your company, congrats.
Reply to this