N.Y. Scrutinizing Sandy Rebuilding Contracts for Potential Overcharges

New York State Comptroller Thomas DiNapoli is examining the billions of dollars being spent to rebuild after Superstorm Sandy a month after he forced one vendor to cut its price by more than $63,000.

DiNapoli discovered the overcharge a month ago in the purchase of generators needed after Sandy hit.

He says contracts issued under emergency conditions are stressful and run the risk of bid rigging, price gouging and favoritism.

DiNapoli has so far processed more than $400 million in contracts and spending following Sandy, which slammed New York City and Long Island last fall.

DiNapoli is also posting Superstorm Sandy contracts online to increase transparency for spending of billions of dollars in mostly federal funds for recovery.

That website is http://www.osc.state.ny.us/hurricane/contracts.htm.