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Everything You Always Wanted To Know About Government Contracts Compliance In Five Easy Slides

Everything You Always Wanted To Know About Government Contracts Compliance In Five Easy Slides. Jonathan S. Aronie June 4, 2013. “ It takes 20 years to build a reputation, and five minutes to ruin it. . . . .” -Warren Buffett. Five High Risk Areas. Country of Origin Rules

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Everything You Always Wanted To Know About Government Contracts Compliance In Five Easy Slides

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  1. Everything You Always Wanted To Know About Government Contracts Compliance In Five Easy Slides Jonathan S. AronieJune 4, 2013

  2. “It takes 20 years to build a reputation, and five minutes to ruin it. . . . .” -Warren Buffett

  3. Five High Risk Areas • Country of Origin Rules • GSA Schedule Price Reductions Clause • Mandatory Disclosure Rule • Labor Qualifications Requirements • Gifts & Gratuities Rules “A child of five would understand this. Send someone to fetch a child of five.” -Groucho Marx

  4. Five Risks of Non-Compliance • Breach of contract action • Termination • False Claims Act violation • Suspension/debarment • Criminal prosecution “I busted a mirror and got seven years of bad luck, but my lawyer thinks he can get me five.” -Steven Wright

  5. Five Unfortunate Developments • COs are far less willing to be creative • GSA has elevated price over value • Fiscal constraints are stressing Government and industry • Relators (plaintiff whistleblowers) are bolder • DCAA is more aggressive (if that is even possible)

  6. Five Best Practices • Understand the terms of your contracts, and internalize them • Develop an effective compliance program that includes written policies, training, and monitoring • Reward compliance and discipline non-compliance • Keep good records • Demonstrate management commitment to compliance (tone at the top)

  7. Five Rules For Healthy Living • Do not steal. Do not lie. Do not deceive. • Never do anything you wouldn’t want to see on the front page of the NYT. • Turn square corners. • Get it in writing. • Remember: You can’t be justa little pregnant “Every man is a fool for at least five minutes every day; wisdom consists of not exceeding the limit.” -Elbert Hubbard

  8. “At my lemonade stand, I used to give the first glass away free and charge five dollars for the second glass. The refill contained the antidote..” -Emo Phillips Jonathan S. Aronie202.218.0039jaronie@sheppardmullin.com Questions?

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