The U.S. General Services Administration (GSA) will bar MCI WorldCom from receiving new U.S. federal government contracts. Specifically, the GSA concluded that “MCI WorldCom lacks the necessary internal controls and business ethics” to be eligible to compete for new government contracts. Neither GSA, nor any other U.S. federal agency, may award a new contract while MCI WorldCom is on the excluded parties list. The GSA is a centralized federal procurement and property management agency.
In a press statement, MCI said it accepts the General Services Administration’s (GSA) decision for proposed debarment, noting that the decision does not affect its ability to serve its existing federal government customers. Michael Capellas, MCI chairman and CEO, also stated that the GSA decision does not in any way affect the timing of the company’s planned emergence from Chapter 11 bankruptcy protection.
http://www.gsa.gov
