We Have the Successor to the Navy’s $600 Toilet Seat!
Topic: Dept. of Defense, Free Agency, Special Inspector General for Iraq Reconstruction30. October 2009 |
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Walter Pincus of the Washington Post knows how to find the nitty gritty that uncovers the big picture. Here he picks up on a new report by the special inspector general for Iraq reconstruction that uncovers (drum roll, please) . . . the $20 washer! Aecom Inc. of Los Angeles charged the Pentagon $196.50 for a set of 10 washers that should have been priced at $1.22. It’s not as great an image as theoverpriced toilet seat, but what a great markup for Aecom! That’s a margin of at least $19.40 per washer! And according to an inspector general spokesman, contrary to what Aecom claims, “they’ve never reimbursed the government for the washers.”





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