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Covid contractor netted $340M in 'windfall profits' on $750M contract, congressional report says

By NBC News  
   June 14, 2022

A Virginia firm that got a no-bid $750 million contract to manage the quick distribution of COVID relief loans — the biggest such contract awarded — netted $340 million in "windfall profits" for itself, says a report released Tuesday by the House Select Subcommittee on the Coronavirus Crisis.

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