Article Date: 04/12/2009

APPEALS COURT UPHOLDS $50 MILLION PENALTY FOR FRAUDULENT CLAIM

United States Court of Appeals for the Federal Circuit

Daewoo Engineering and Construction Co., Ltd. v. United States

No. 2007-5129
February 20, 2009

Overview

A federal appeals court has upheld a $50 million fraud penalty against a contractor under the Contract Disputes Act. The contractor had certified projected delay costs without regard to accuracy or ... Log in to view the full text.

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