It is no secret that the Government has ramped up spending to keep the economy afloat during the current pandemic. As the deficit swells and budget shortfalls grow, agencies will surely be taking a “do more with less approach” in the years to come. As part of the “more,” agencies are taking steps to increase their efforts to ferret out suspected fraud and abuse. Thus, a thorough understanding of the rules and regulations that control the award and performance integrity and transparency of the process, continues to be critical for all Government contractors.

A substantive compliance program can reduce the chances that someone in your company will engage in improper practices. And although a compliance program cannot absolutely insure against incurring criminal, civil, or administrative liability to the Government, it can provide contractors an effective shield against the worst consequences of a Federal fraud investigation. We hope that this course provides assistance to you and your company in ensuring compliance with Federal laws and regulations. The cliché “an ounce of prevention is worth a pound of cure” is more true today than ever before.

What you will learn:

• Gain insights and knowledge on the relevant statutory offenses and penalties, including the False Claims Act and False Statements statute
• Develop an understanding of how to set up and audit your compliance programs
• Develop an understanding of rules governing interactions between government and contractor personnel
• Understand the compliance and meaning of numerous discrete topics, including defective pricing, time charging, contract claims, and the Buy American Act

Who should attend:

• Contractors and subcontractors with government contracts
• Those new to compliance within the finance and accounting functions, program managers, general managers and directors of contracts, legal professionals where compliance documentation and procedures are needed

They should have a base level knowledge of Government Contracting and Federal Acquisition Regulations and/or agency level supplements.

This 2-part Virtual Training Academy Session covers all areas of contract compliance.  This includes topics such as:

• Offenses and Penalties
• Mandatory Disclosures
• Development of a compliance program
• How to achieve compliance
• Bid/Proposals phase and compliance
• Acquisition of products from foreign and domestic suppliers
• Defective Pricing
• Conflicts of Interest

This live virtual course is eligible for both CLE and CPE credit.
Have questions on how to participate in an FPS Virtual Course? Click here for more information.