Ex-official's firm receiving VA fees
From the Ft. Worth Star-Telegram
Excerpt: A California company headed by former Veterans Affairs Secretary Anthony Principi could get fees exceeding $1 billion from the Veterans Affairs, much of it on contracts approved and amended while he ran the agency, records show. ...
...During his tenure as VA secretary, Principi's past and future corporate home in Diamond Bar, Calif., collected about $246 million in fees, according to VA records. And Congressional Budget Office projections show that the VA contracts could be worth as much as $1.2 billion to QTC if fully funded by Congress through 2008.

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From the Contra Costa Times: A QTC hearing exam, for instance, averaged $495.55 compared to $89.80 for an in-house exam. Even with an adjustment for possible hidden VA costs, the difference exceeded 400 percent. For a general medical exam, QTC's average cost was $393.52 compared to a VA average of $225.58, the consultants found...
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Labels: agency, contractors, corruption, spending, veterans