Audit reveals Office Depot Inc. overcharged city of Houston
Officials in Houston revealed that the Controllers Office Audit Division has concluded that Office Depot Inc. overcharged the city of Houston millions of dollars in supplies during the contract period March 2006 to December 2010.
According to the press release, the $19.1 million contract was part of a government purchasing cooperative and was an agreement among the city of Houston, Los Angeles County, and Office Depot.
Overcharges ranged from $1,722,334 to $6,599,908 based on the information provided by Office Depot and an application of relevant contract terms. The audit was performed in accordance with the Generally Accepted Government Auditing Standards as promulgated by the Government Accountability Office and those issued by the Institute of Internal Auditors known as The International Standards for the Professional Practice of Internal Auditing.
For more information, call 713-837-0311 or visit www.houstontx.gov.
Local Advertising by PaperG