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Innovative Emergency Management Inc. (IEM) has held an active contract for the 2016 Louisiana Floods in the amount of $308 since May 2017.
IEM Inc. just was awarded additional money making their contract now worth $353 million.
We are still far below the expected numbers which the $308 contract was supposed to manage and yet we have increased the contract award taking away money that could have been used to pay SBA loans or help homeowners repair their homes.
Would charging more for less be wasteful spending by Government of American Federal Taxpayer Dollars?