OTTAWA – The federal government continues to crack down on a years-old practice of companies over-charging for work. Here’s a by-the-numbers look at some of the details in a report obtained by The Canadian Press under the Access to Information Act:
$100 million: Estimated amount owing to the government due to over-claims and “excessive profits.”
34: Number of federal auditors in the 2014-15 fiscal year that reviewed contracts for problems.
$7.3 billion: Value of the contracts auditors reviewed.
$6 million: Amount in over-payments auditors identified in 2014-15.
$66.3 million: Amount in “excessive profits” auditors identified in 2014-15.
$3.1 million: Amount recovered from companies during that time.
$2.8 million: Amount recovered from companies during the preceding 12-month period.