Deals
Massachusetts Companies Get Lion’s Share of Oil Spill Contracts
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Massachusetts-based companies received twice as much money in federal contracts stemming from the BP Plc oil spill as the combined total of the five Gulf of Mexico states where the oil washed up, according to data compiled by Bloomberg Rankings.
Contractors in the state, more than 1,500 miles from the site of the April 20 explosion of BP’s Macondo well off the Louisiana coast, collected at least $51.7 million through Nov. 1, about 28 percent of what the U.S. spent, information from the Federal Procurement Data System shows.