And everybody is lining up at the trough. As I said before, you can’t push this kind of money out of Washington without corruption and fraud taking a sizable share.
Nearly one out of every five Covid-19-related federal contracts for $1 million or more went to companies that had never won a contract with the federal government before the crisis broke out, according to a CNN analysis of procurement data. While some of the first-time contractors have substantial experience in the Personal Protective Equipment industry, others are small firms with no record of producing or procuring medical equipment, CNN found.Already, some have failed to deliver: two of the seven largest contracts given to companies that were new to federal contracting have been canceled after the suppliers didn’t deliver promised respirator masks. And questions remain about the quality of equipment delivered by other vendors, including the company formed by former Trump administration aide Zachary Fuentes.