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Booz Allen Agrees to $377M Settlement for U.S. Billing Practices

U.S.-based consulting firm Booz Allen Hamilton Holding agreed to pay the United States $377.4 million to resolve allegations of violating federal law by improperly billing commercial and international costs to its government contracts, the Justice Department said.

Under government contracting rules, there must be a nexus between the costs charged to a government contract and the objective of the contract, the Justice Department said on Friday.

U.S. Attorney Matthew Graves for the District of Columbia described the settlement as “one of the largest procurement fraud settlements in history.”

Read more at News.law

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