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Practical Matters Monthly Series
August 24, 2021 @ 2:00 pm - 3:30 pm
An event every month that begins at 2:00 pm on day Fourth of the month, repeating until December 28, 2021
Federal Government contractors and subcontractors are required to follow a complex set of rules that regulate how they conduct their business. For example, the laws and regulations define how a contractor and subcontractor must manage their records, select subcontracts, recruitand hire, interface with non-US persons or entities, secure their cyber environment and govern the organization. These rules are designed to make sure that government contractors and subcontractors are ethical and follow the law since they are paid with taxpayer money.
Contractors and subcontractors need to understand these requirements to avoid administrative, civil and even criminal penalties.
In addition to mitigating the risk of serious penalties, contractors and subcontractors that effectively manage these requirements may have a competitive advantage because they are able to demonstrate to the government, prime contractors, subcontractors and their employees that they comply with the law and so pose less of a risk for reputational or legal damage.
Further, for those contractors seeking to be acquired or seeking to acquire another business, an effective, defined approach to complying with the law may make a contractor more valuable and less of a risk.
This webinar is designed to teach government and private sector contracting, finance, human resource and legal professionals the compliance and ethics requirements for federal government contractors and subcontractors. The courses will cover important legal requirements for a contractor’s operations and will include practical tips for adapting business processes to facilitate a contractor’s compliance with these requirements.
For more information about the Practical Matters series, click here!
-Definition of Responsible Contractor
-Best practices in governing your business
-Developing a purchasing policy
-Buy American Act
-Trade Agreement Act
April 27: Procurement Integrity
-Procurement process laws and regulations
-Protecting government information & other contractor information
-Protecting your information
-Best practices to mitigate procurement integrity issues
-Definitions of conflicts
-Developing and managing mitigation plans
-Working with business partners
June 22: Meals, Gifts, Entertainment & Favors
-Laws and regulations around meals, gifts, entertainment and favors
-Developing an effective policy
-Recruiting and hiring from the government
-When contractor employees go to work for the government
-Best practices for policies and procedures to mitigate this risk
-What does the government require for cyber security
-Contracting to assure your business partners comply
-Best practices for mitigating this risk
-Overview of non-classified contract requirements
-Overview of the NISPOM to include foreign ownership control and interest
-Applying for a facility clearance
-Managing your cleared employees
-The FAR mandatory reporting requirements
-Conducting an internal investigation
-Making a report to the government