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Credit Pacific Service Union The GSA is investigating WorldCom's contracts with the federal government and may recommend to congress dropping their contracts.

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mail "accidentally" sent to us claimed that Victor Industries, Inc. ( VICI) had a contract from the U.S. General Services Administration (GSA) to clean up toxic spills in Louisiana. Victor, which had less than $2, 000 in the bank at last report, is in the fertilizer business. As of August 2005, the Company had not generated any revenues from GSA contracts.

Card Credit Discover Service June, 2003 (RCRNews.com) WASHINGTON - The inspector general of the General Services Administration is investigating WorldCom Inc.'s contracts with the federal government and may issue recommendations to Congress shortly on whether the Bush administration should continue doing business with the embattled long-distance company, according to a source familiar with the situation.

Online access to contract ordering, terms and conditions, date pricing, and the option to create an electronic delivery order are available through GSA Advantage™, driven database system. The Internet address for GSA Advantage™ //www.fss.gsa.gov. For rmation on ordering from Federal Supply Services, //www.fss.gsa.gov.

Credit Public Service Union "We neither confirm nor deny that we have a report," said Jack Lebo, assistant inspector general for administration at GSA. Until now, it was not public knowledge that GSA's inspector general was investigating WorldCom's business relationship with the U.S. government.

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Card Credit Processing Service WorldCom, now marketed as MCI, recently snagged an Iraq mobile-phone contract valued at $34 million from the Pentagon. WorldCom was the nation's top paging and mobile-phone reseller before exiting the wireless business.

Center Credit Service Union Whether the spotlight on GSA contracts with WorldCom will impact military procurement of wireless and other telecom services from WorldCom is unclear. A Pentagon spokesman today said he did not know what the potential fallout of the Collins probe might be regarding Department of Defense contracts with WorldCom."We have not been formally notified of any such report," said Natasha Haubold, a spokeswoman for WorldCom, referring to the GSA inspector general investigation. Haubold added: "Our service record has exceeded government requirements. We provide the best service at the best price."

Card Credit Service Wireless Senate Governmental Affairs Committee Chairman Susan Collins (R-Maine) this week blasted GSA Administrator Stephen Perry for his responses to questions from the lawmaker on WorldCom's qualifications to bid on government contracts in a May 16 letter.

Credit Security Service Union "The GSA appears to have focused on WorldCom's capacity to perform the contract without consideration of the company's business ethics and integrity, both of which are integral in determining whether a company is a 'responsible' government contractor," said Collins.GSA insists WorldCom is qualified to continue government contract work.

Credit Report Service "Based upon... regulations and available information, GSA has not determined that MCI WorldCom should be suspended or debarred," stated GSA general counsel Raymond McKenna in a May 30 memo to Perry, which was supplied to Collins.

Blogspot Com Christian WorldCom has admitted to fraudulently overstating revenue by at least $9 billion. Last month, WorldCom, attempting to emerge from bankruptcy reorganization later this year, agreed to pay a $500 million fine levied by the Securities and Exchange Commission.Collins said the committee will continue its examination of GSA's activities regarding WorldCom. Verizon, the No. 1 wireless and wireline telecom carrier in the United States and a major campaign donor to Collins, has made no secret of its desire to see WorldCom liquidated.Citizens Against Government Waste today launched an ad campaign inside the Beltway in an attempt to discourage federal agencies from awarding contracts to WorldCom. The ads will appear in The Washington Post, The Washington Times, Roll Call and The Hill.House and Senate bills would require the Bush administration to justify non-competitive contracts awarded for Iraq reconstruction. There has been some question about whether the contract to equip officials in Baghdad with L.M. Ericsson mobile phones was put out for competitive bid, given the urgency to improve communications in the Iraqi capital.

Christian Counseling Credit Today, WorldCom's Haubold answered skeptics by declaring the mobile-phone contract with DoD was competitively bid.This article was published with the consent of RCRNews, a Crain Communications, Inc. publication.AXcess News will be reporting on any new market trends related to this story. Members should watch their in-box for late breaking news. If you're not a member, consider joining now. Members get the latest business news, commentaries and stock picks delivered right to their in-box.

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