The contract was “sole source order” which, according to media, means no one bid on the contract.
In September, America learned that up to 143 million citizens were impacted by a severe data breach at Equifax, “one of the nation’s three major credit reporting agencies.”
In the aftermath of the breach, the Federal Trade Commission (FTC) provided helpful information on its website concerning “What to Do,” including checking credit reports, freezing credit, and setting up fraud alerts.
That did not stop another federal agency from signing a $7 million contract with Equifax to protect Americans’ data.
From CNN Money:
Equifax has landed a $7.25 million government contract to help the IRS detect fraud.
The deal was finalized last week, according to the federal government website that tracks contracts.
As CNN Money and others reported, the contract is “sole source order,” meaning, according to the University of Washington, that “only one supplier (source), to the best of the requester’s knowledge and belief, based upon thorough research, (i.e. conducting a market survey), is capable of delivering the required product or service.”
Really, only one supplier?
There are two other credit reporting agencies – Experian and TransUnion – that have not, to the public’s best knowledge, put the information of half the U.S. population at risk.
Only in the federal government!
10.17.17 8:28 pmThe Cleveland Cavaliers Start The NBA Season By Protesting The National Anthem
Cavaliers star LeBron James has been supportive of NFL players who have taken a knee during the national anthem.
9.28.17 11:11 amThe NFL Just Lost Its First Sponsor Over Players Kneeling During The National Anthem
“Our companies will not condone unpatriotic behavior!” Cleveland businessman Allan Jones said in a statement.
9.18.17 10:59 amFox News Highlights Media Bias In A CBS Report About Richard Cordray
“CBS Sunday Morning” didn’t disclose that four of the lawyers that it interviewed had ties to the Consumer Financial Protection Bureau.
9.18.17 10:41 amAmericans Overwhelmingly Reject Internet Sales Tax Proposal
Two of three Americans said they oppose a sales tax in their state on items purchased online.