Complying with the Ethics Mandates of the Federal Acquisition Regulation
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$75.00
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Part of the legal dispute prevention side of legal risk management, this book introduces and guides you through the ethics mandates of the Federal Acquisition Regulation. A must for anyone working in federal government contracting. Know what rules apply to you and what your organization must do to stay in compliance when making deals with the government.
Download the first chapter and Introduction to get a preview.
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From the Preface
The ethics mandates of the Federal Acquisition Regulation prescribe how companies that do business with the United States must govern and conduct themselves. In colloquial terms, the United States wants to do business only with companies it can trust to perform at a high level of competence and ethical integrity. It does not want to do business with companies whose lack of ethical resources and controls make them more likely to engage in improper business practices or sleazy, underhanded, corrupt, shady, fraudulent, or criminal acts. The ethics mandates of the FAR are an effort to make sure that only the best companies can win and get paid on contracts with the Federal Government.
The ethics mandates are also an effort to assure that good companies are not competing against those who cut corners, bribe officials, submit fraudulent bids and bills, and otherwise try to rig the game. These policies and rules try to remove the bad apples from the barrel.
All companies want to do business only with people and entities they can trust. In the United States, alas, that often means that business transactions are laden with lawyers and dense contractual documents. However, business deals with the Government of the United States are different from non-governmental contracts in one key respect. Not only can the Government cancel contracts in which a contractor has behaved unethically; it can also put the principals of the contractor in jail and levy fines severe enough to put the contracting company out of business.
Honest business people and their companies welcome the effort to level the playing field. Like enforceable
contracts backed by the resources of a reliable judicial system (Rule of Law), the Ethics Mandates make it more likely that good companies will not be pushed aside by bad ones.
The ethics mandates are also an effort to assure that good companies are not competing against those who cut corners, bribe officials, submit fraudulent bids and bills, and otherwise try to rig the game. These policies and rules try to remove the bad apples from the barrel.
All companies want to do business only with people and entities they can trust. In the United States, alas, that often means that business transactions are laden with lawyers and dense contractual documents. However, business deals with the Government of the United States are different from non-governmental contracts in one key respect. Not only can the Government cancel contracts in which a contractor has behaved unethically; it can also put the principals of the contractor in jail and levy fines severe enough to put the contracting company out of business.
Honest business people and their companies welcome the effort to level the playing field. Like enforceable
contracts backed by the resources of a reliable judicial system (Rule of Law), the Ethics Mandates make it more likely that good companies will not be pushed aside by bad ones.