COVID Stimulus Watch Individual Entry
Recipient Company:
QUEST DIAGNOSTICS INCORPORATED
Contract Amount:
$362,478
Recipient Details
Ownership Structure: publicly traded (ticker symbol DGX)
Facility Street Address: 500 PLAZA DR
Facility City: SECAUCUS
Facility State: NJ
Facility Zip Code: 70943619
Facility Congressional District: NJ-9
Facility NAICS Code: 541380 : Testing Laboratories
Award Details
Award Date: Jul 31, 2020
Award Type: contract
Award Details: Some contracts are funded with emergency and non-emergency funds. The award amount listed here represents only emergency funding for the contract. The total value of the contract may be higher. Award Description: MEDICAL- LABORATORY TESTING
Program Name: Federal Contracts Funded by COVID-19 Relief Funds
Legislation: CARES
Awarding Agency: Justice Department
Data Source for Award:
https://www.usaspending.gov/search/?hash=25e8378bc443646cf2b174d65218b2ca
Parent Company Data
Parent Company: Quest Diagnostics
Headquartered in: New Jersey
Parent Sector: healthcare services
Parent Industry: diagnostic testing
Employees (prior to pandemic): 47,000
Accountability Issues Since 2010
Employment-related Penalties: $4,619,075
Government-contracting-related Penalties: $248,790,000
Environmental / Healthcare / Safety Penalties: $763,827
Consumer Protection / Financial / Competition-related Penalties: $513,000
Ratio of CEO Pay to that of Median Worker: 189 to 1
CEO Compensation: $10,131,566
Worker Median Pay: $53,492
Total Federal, State, and Local Subsidies: $25,464,777
Federal Corporate Income Tax Rate: 9.7%
Violation Tracker
Environment / Safety Issues
Consumer Protection Issues