Obama Expels BP, Record Number of Firms From Contracting

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The Obama administration has temporarily barred more than 3,800 contractors from winning new federal work so far in 2012, the most on record.

BP Plc made the U.S. government’s blacklist last month after being suspendedBloomberg Terminal for its role in the biggest oil spill in the nation’s history. A Booz Allen Hamilton Holding Corp. unit in Texas was banned for about nine weeks after it hired a former government employee who shared sensitive information about a pending technology project.