8-K/A

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                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549


                                   FORM 8-K/A

                                 CURRENT REPORT


                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934


                                 August 16, 2001
                Date of Report (Date of earliest event reported)




                             U.S. Technologies Inc.
               (Exact name of Registrant as Specified in Charter)

            Delaware                    0-15960                  73-1284747
        (State or Other               (Commission               (IRS Employer
 Jurisdiction of Incorporation)       File Number)           Identification No.)


           1130 Connecticut Ave., NW, Suite 700, Washington, DC 20036
           (Address of principal executive offices including zip code)

                                 (202) 466-3100
              (Registrant's telephone number, including area code)


                                 Not applicable
             (Former name or address, if changed since last report)


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                    INFORMATION TO BE INCLUDED IN THE REPORT

ITEM 4. Changes in Registrant's Certifying Accountant

         a. Previous Independent Certified Public Accountants

         The disclosure pursuant to Item 4, paragraph (a) of this Form 8-K is
amended by adding the following information.

         On September 6, 2001, BDO Seidman provided the Registrant a letter,
addressed to the Commission, stating that it agreed with the Registrant's
statements in this Form 8-K, and providing certain information required by the
Commission's Regulation S-K, Item 304(a)(1)(v). The Registrant confirms that BDO
Seidman advised it of the Item 304(a)(1)(v) information as so described in their
letter. A copy of the BDO Seidman letter is attached to this Form 8-K/A as
Exhibit 16.1.


Exhibit Index

16.1     Letter re Change in Certifying Accountant


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                                   SIGNATURES

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                    U.S. TECHNOLOGIES INC.



                                    By:           /s/ Gregory Earls
                                        ----------------------------------------
                                        Gregory Earls
                                        Chairman and Chief Executive Officer



Dated: September 6, 2001
       Washington, DC


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EX-16.1

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                                                                    EXHIBIT 16.1

September 6, 2001

Securities and Exchange Commission
450 Fifth Street N.W.
Washington, DC  20549

Regarding: U.S. Technologies Inc.
Commission File Number 0-15960

Ladies and Gentlemen:

We have been furnished with a copy of the response to Item 4 of Form 8-K filed
August 22, 2001 by our former client, U.S. Technologies Inc., for the event that
occurred on August 16, 2001. We agree with the statements made in response to
that Item insofar as they relate to our firm, except as follows:

1)       With respect to Item 304(a)(1)(v)(A) of Regulation S-K, disclosure of
         events wherein the former accountant has advised the registrant that
         the internal controls necessary for the registrant to develop reliable
         financial statements do not exist is required. In that regard, in a
         letter dated May 9, 2001 issued on August 31, 2001 and in a telephonic
         audit committee meeting on July 13, 2001, BDO Seidman, LLP communicated
         a material weakness in internal control to the Audit Committee and
         Management relating to financial and accounting infrastructure
         including lack of an experienced CFO, deficiencies in recording
         material transactions timely, and in the organization and retention of
         financial documents and accounting records.


         Very truly yours,


         BDO Seidman, LLP

         cc: Gregory C. Earls, Chairman and Chief Executive Officer
             Hon. William Webster, Chairman of Audit Committee
             Stephen Bouchard, Esq., Fleischman and Walsh, LLP