BP’s U.S. Contract Suspension Seen Aiding Valero to Shell

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BP Plc’s temporary ban from new U.S. government contracts is an additional stain on the British oil company’s record that may give competitors an edge in bidding for future federal work.

“Regardless of how long the suspension is, the government has put a black mark on BP’s record as a contractor that will never be erased,” said Charles Tiefer, a University of Baltimore law professor who focuses on government contracting.