At least $124 million was lost to waste, fraud and abuse in a single year because Department of Transportation officials haven’t “established a single line of accountability” for a program intended to help disadvantaged small businesses, according to a report.
The Disadvantaged Business Enterprise program, which received $4 billion in 2009 and $3 billion in 2010, was created to help socially and economically struggling small business owners to contract with the DOT, according to the department’s inspector general.
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