Conducting Business with the Federal Government: Five Top Tips for Contractors
6/1/2007
by: Tenley A. CarpSynopsis: "Conducting Business with the Federal Government: Five Top Tips for Contractors" provides contractors with suggestions for actions to take to reduce the risk of violating the unique ethical standards and compliance requirements imposed on government contractors by law, regulations and administrative procedures. The article focuses on educating contractors to avoid (1) conflicts of interest to the greatest extent possible; (2) actions which can be perceived as bribery or offering gratuities; (3) false claims or false statement; (4) giving or receiving kickbacks; and (5) charging lobbying costs to a government contract. It is essential that companies know the rules of conducting business with the federal government in order to avoid making costly and time-consuming mistakes.
Note: The Society of Corporate Compliance & Ethics mistakenly referred to Ms. Tenley Carp as "he" instead of "she" in the Editor's Note.
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