Top Six Q&As for Government Contractors on Procurement Fraud and Compliance Risks
In celebration of the recent release of the 6th Edition of the Government Contracts Compliance Handbook (authored by the Seyfarth Government Contracts Group), we’re sharing six essential questions and answers that every government contractor should be prepared to address regarding procurement fraud. This milestone edition dives into the complexities of compliance, criminal and civil penalties, and the administrative sanctions contractors may face. With procurement fraud risks continually evolving, these six questions provide a foundation for understanding major offense types and navigating the serious repercussions of non-compliance. Here’s what government contractors and their legal advisors need to know to stay compliant and protect their operations. 1. What are the most common criminal procurement fraud offenses contractors should be aware of? Procurement fraud generally encompasses any deceptive conduct related to the procurement of goods or services by a government agency . C...