Posted on 04/01/2013 4:16:58 PM PDT by jazusamo
The top watchdog for the U.S. Energy Department has found repeated examples of the agency overpaying contractors at national labs with the most recent being a decision to approve exorbitant executive salaries at a cost to taxpayers of up to $3.45 million.
The March 22 Office of Inspector General report found the agency awarded the salaries to 10 executives as part of a $2.2 billion environmental cleanup contract in 2011 at the East Tennessee Technology Park, in the city of Oak Ridge.
The investigation found a senior management official at the Oak Ridge Office approved the salaries -- which exceeded the HR-approved market-value rates -- without proper authority. The 25-page report cited two extreme cases of overpayment: a $337,581 salary that exceeded the market rate by 82 percent and a $299,800 salary that was 74 percent higher than the market rate of $164,889.
After those salaries raised red flags, the department slightly reduced them -- but still at above-market rates, which the IG report concluded could cost an additional $3.45 million over the five-year contract.
The report follows similar ones over the past several years including another last month involving Sandia National Laboratories, situated on nine facilities across the country.
(Excerpt) Read more at foxnews.com ...
SOOOO-EEEEY!
I don't think there can be any firing without EPA approval.
The true liberals:
Wealth is gained by looting the treasury...on the backs of children.
Wonder what the party affiliation is with this group of highly paid administrators.....
THE COMMUNIST PARTY, tovarish.
And public outrage in 3..2..1...
yeah, nothing.
BUT THOSE DAMN GREEDY REPUBLICANS!!!!
Yep, that’s it!
The fleecing of the sheeple.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.