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Blaul: waste, fraud, abuse cuts can save real money
Thursday - 6/24/2010, 8:36pm EDT
How would you feel about saving $2 billion over the next three years? That's just what Equifax hopes to be able to help the government do by investigating waste, fraud and abuse at various agencies.
Frank Blaul, senior vice president of government services at Equifax, joined In Depth's Francis Rose for this week's "Industry Chatter" and he discussed how his company is hoping to help.
For one reason or another, a contractor may be debarred from working for an agency. The debarred list does not stop some contractors, who choose to re-enter the system using different names.
"Today, in order to do business with the government, a few things have to happen. Typically you need a GSA schedule," Blaul said, "and when you do that you have to register right through [Dunn & Bradstreet]. D&B has been a longstanding company that has been doing business with the government.
"The government with respect to its tools as it investigates and does its analysis to determine whether an entity is a viable entity to do business inside government, there seems to be some gaps taking place. Not so much that it is D&B's fault as it is the fault of those on the debarred list."
So where do we go from here?
"I think there's been a lot of buzz and a lot of hype and a lot of discussion and good debate around it," Blaul says. "my fear though is that we've been having these same discussions for the past ten years. Until we put either performance characteristics and or metrics and hold people accountable. That's both in the Hill and in the agencies, I'm afraid we're going to see more of the same unfortunately."