Transparent verification of billable hours will save taxpayers tens of billions of dollars.
It means that some government contractors which currently take advantage of the absence of verification, will lose their ability to rob taxpayers blind.
With billions at stake, they are going to fight tooth and nail to delay transparency as the new standard of public procurement.
Don’t get us wrong – we believe that most contractors are honest; but it has been firmly established that some contractors managed to overbill hundreds of millions dollars on a single project.
The fraudsters will use any type of lies and scary buzzwords and they have been doing it already, on a large scale.
They will repeat debunked myths that transparency infringes on privacy rights and creates huge security risks. They will pay top lobbyists and publicists to delay and derail advance of transparency.
In a long run, they will fail. Despite their opposition, legislators in most states have introduced bills seeking to make transparent verification of billable hours mandatory. The General Assembly in New Jersey has unanimously approved the bill as did two Senate Committees in that state. The trend towards transparency is irreversible but the fight is going to require resources. Which is exactly why we’ve made TransparentBusiness stock available for investors.
Uber faced fierce opposition from taxicab unions. Airbnb – from the hotel industry. They’ve successfully lobbied changes in regulation throughout the country and internationally.
Bodycams have become the new standard for police and GPS tracking – for truck drivers; despite strong opposition of those who used lack of transparency to their own advantage. Video cameras have made office buildings and street corners safer. No group, however powerful, has been able to stop transparency. We invite you to join TransparentBusiness to be on the winning side of history.
