The Justice Department announced today that Hewlett-Packard Co. agreed to pay $32.5 million to settle allegations under the False Claims Act that it overcharged the U.S. Postal Service for products between October 2001 and December 2010.
The government alleged that HP overcharged USPS by failing to comply with contract pricing terms, including a requirement that HP provide prices that were no greater than those offered to HP customers with comparable contracts. The United States also alleged that, in negotiating the contract, HP misrepresented its pricing and plans to ensure it would provide most favored customer pricing.
The settlement made no determination of liability.
For more information, see the DOJ release.