recommended reading

House Oversight Chairman Questions $500 Million in IRS Tech Contracts

J. Scott Applewhite/AP

The House Oversight and Government Reform Committee is investigating whether an IRS employee in the agency's procurement office unfairly helped a small computer company win $500 million in government contracts in one year, according to an Associated Press report.

The AP obtained a letter from Oversight Chairman Darrell Issa, R-Calif., to the Treasury Department saying he’d recently learned of a personal relationship between an IRS employee and Braulio Castillo, the owner of Signet Computers.

Signet won nearly $500 million in IRS contracts during 2012 but had never previously won any federal contracts. The report also noted that the company changed its name several times that year. 

“The fact that Signet Computers was able to secure federal contracts worth a half-billion dollars in a matter of months, despite having no track record of past performance, raises many questions,” Issa wrote.

“At best, this is a conflict of interest that runs afoul of . . . Federal Acquisition Regulation,” he wrote.

The full story is here.

Threatwatch Alert

Thousands of cyber attacks occur each day

See the latest threats


Close [ x ] More from Nextgov

Thank you for subscribing to newsletters from
We think these reports might interest you:

  • Data-Centric Security vs. Database-Level Security

    Database-level encryption had its origins in the 1990s and early 2000s in response to very basic risks which largely revolved around the theft of servers, backup tapes and other physical-layer assets. As noted in Verizon’s 2014, Data Breach Investigations Report (DBIR)1, threats today are far more advanced and dangerous.

  • Featured Content from RSA Conference: Dissed by NIST

    Learn more about the latest draft of the U.S. National Institute of Standards and Technology guidance document on authentication and lifecycle management.

  • PIV- I And Multifactor Authentication: The Best Defense for Federal Government Contractors

    This white paper explores NIST SP 800-171 and why compliance is critical to federal government contractors, especially those that work with the Department of Defense, as well as how leveraging PIV-I credentialing with multifactor authentication can be used as a defense against cyberattacks

  • Toward A More Innovative Government

    This research study aims to understand how state and local leaders regard their agency’s innovation efforts and what they are doing to overcome the challenges they face in successfully implementing these efforts.

  • From Volume to Value: UK’s NHS Digital Provides U.S. Healthcare Agencies A Roadmap For Value-Based Payment Models

    The U.S. healthcare industry is rapidly moving away from traditional fee-for-service models and towards value-based purchasing that reimburses physicians for quality of care in place of frequency of care.

  • GBC Flash Poll: Is Your Agency Safe?

    Federal leaders weigh in on the state of information security


When you download a report, your information may be shared with the underwriters of that document.