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Justice Department, Federal TSP Board In Turf Battle Over Failed Daily Val Software Lawsuit
GovExec.com
Jan. 31, 2002
Excerpt: In 1997, the TSP board awarded AMS a $30 million contract to install a new system that would have managed TSP investments and allowed employees to more easily control their accounts. But the contract ran into frequent delays; costs had ballooned to an estimated $87 million with no completion date in sight when the board fired AMS and filed suit seeking $350 million in damages.
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