Software development company Informatica will pay $21.57 million to resolve allegations that it caused the government to be overcharged by providing misleading information about its commercial sales practices that was used in General Services Administration contract negotiations, the Department of Justice has announced.

“Companies that negotiate contracts with the government must make complete and accurate disclosures,” said Assistant Attorney General Jody Hunt of the Department of Justice’s Civil Division. “We will continue to hold accountable those who harm taxpayers by withholding critical information from contracting agencies.”

Jaclyn Jaeger is a freelance contributor to Compliance Week after working for the company for 15 years. She writes on a wide variety of topics, including ethics and compliance, risk management, legal,...