$500,000 !!! MMmmm. I’ll bet Jon Corzine knows where it is.
only $500K???
That’s actually very low for the Govt. No one pays attention until its over $500 million.
I thought Biden was keeping a strict accounting of the stimulus funds...... They might try asking him where it is.
Try looking at the closest strip bar or adult book store
Looters
Well - according to the rationale of the liberals - this should be considered a good thing - that means they will have the buy the equipment yet again - jobs created and saved twice due to the purchase of the equipment twice.
First, I’d lay odds that no equipment was bought in the first place, but that the money was given to Obama donors and unions. Second, if equipment was bought and can’t be found, why aren’t the responsible people being fired.
Bump
As a former Inventory Control manager, this doesn’t surprise me much. This story refers to Advanced Batteries and Hybrid Components Program”. I worked at a university & we had people buying parts that were individually above the capital threshold, but were being built into something much bigger. A likely explanation is that they ‘tagged’ the parts as individual units, but they now exist as one big asset & no one realizes it.
And early on in my career at the same university, a department had $600k worth of capital equipment they couldn’t find. Most of it had no doubt gone to Surplus & been properly disposed of, but no one tracked the asset numbers.
The only people in any organization who care about inventory management are the Inventory Managers.