The hack of the Office of Personnel and Management (OPM) is costing taxpayers $350 million to notify and protect the identities of over 20 million federal employees who had their personal information compromised.
The government awarded a $133 million contract for identity protection services for 21.5 million employees on Tuesday. However, NextGov reports that the “true cost of the contract will actually be well more than double that amount—about $330 million.”
According to NextGov:
“While it’s true that Naval Sea Systems Command, the contracting activity on this procurement, did obligate an initial $133 million on Tuesday, that covers only one year — the base year, in government contracting parlance — of the contract.”