US govt sends ‘warning’ letter to 10 highest-paid consulting cos: Explain …

The Trump administration is scrutinizing federal consultancies like Booz Allen and Accenture, demanding clear reports on their government contracts and cost-cutting plans. Accenture’s stock fell due to reduced US government work. The investigation aims to curb waste and spending in the $759 billion federal contract market, affecting major firms such as IBM and General Dynamics.

​The Trump administration is scrutinizing federal consultancies like Booz Allen and Accenture, demanding clear reports on their government contracts and cost-cutting plans. Accenture’s stock fell due to reduced US government work. The investigation aims to curb waste and spending in the $759 billion federal contract market, affecting major firms such as IBM and General Dynamics.