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Me
Greed is a seed that grows in the heart then tears it apart!!
The report released Thursday by Bloomberg Government analyst Peter Gosselin says that federal spending ramped up in the months leading up to Oct. 1, with $352 million of the $1 billion in federal contracts to the top 10 Obamacare contractors awarded during this time.
"In a typical IT project, spending ramps up to a peak, then trails off during the final phase," Gosselin wrote.
This is a huge increase from the price tag usually associated the Affordable Care Act rollout: $394 million. That came from a Government Accountability Office report.
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Michelle Obama’s Princeton classmate is executive at company that built Obamacare website
First Lady Michelle Obama’s Princeton classmate is a top executive at the company that earned the contract to build the failed Obamacare website.
Toni Townes-Whitley, Princeton class of ’85, is senior vice president at CGI Federal, which earned the no-bid contract to build the $678 million Obamacare enrollment website at Healthcare.gov. CGI Federal is the U.S. arm of a Canadian company.
Townes-Whitley and her Princeton classmate Michelle Obama are both members of the Association of Black Princeton Alumni.
as reported in a Washington Post fact-check, yesterday's congressional hearings regarding the ACA website revealed that government contracts to create the website amounted to a total value of less than $300 million. According to The Washington Post:
In the testimony, a reference was made to the fact that the TCV (total contract value) was $292 million. That is the least important number, as in effect it is like a credit card limit. What is more important is what has been already spent or obligated.
To sum up: The floor for spending on the Web site to date appears to be at least $170 million, with an upward potential of nearly $300 million.
SkipperJohn
reply to post by Em2013
I can't find it now but HP said it could a done the same site with the correct bandwidth for under a mil. The Obama's give / waste money that will do a 180 right in the Obama bank account.
ObjectZero
reply to post by IAMTAT
I bet I could make a better site for only $150 and that's including the hosting fees.
CoolStoryMan
this is BS
no website in the world costs this much to start up
last week it was said it was 634 million, later it was proven grossly wrong
jhn7537
reply to post by IAMTAT
Being in IT sales, this makes zero sense. There is no reason why a website should cost anywhere near that amount of money. 1 of 2 things is happening. 1. The US Govt. doesn't know how to run a competitive bid and are being ripped off by whichever vendor they're using or 2. Someone is pocketing some money somewhere...