GSA Terminates McKinsey & Co.’s Schedule Contract

The General Services Administration has terminated the multiple award schedule contract of McKinsey and Company.

The company and the agency’s inspector general confirmed GSA’s decision in separate emails to Federal News Network.

The decision comes 10 months after a critical inspector general report found McKinsey’s prices were 10% higher than originally proposed, meaning the government paid as much as $65 million in additional costs.

Read more at Federal News Network

(Visited 95 times, 1 visits today)

The Government Technology & Services Coalition's Homeland Security Today (HSToday) is the premier news and information resource for the homeland security community, dedicated to elevating the discussions and insights that can support a safe and secure nation. A non-profit magazine and media platform, HSToday provides readers with the whole story, placing facts and comments in context to inform debate and drive realistic solutions to some of the nation’s most vexing security challenges.

Leave a Reply

Latest from Exclude from Homepage

Go to Top
X
X