Guidance and Support for Government Contractors

By: s.m.amend | October 03, 2016

Did you know that if you purchase or subcontract anything under your government contract that you are subject to almost all the same rules as the federal government follows?  By using your contract money to procure goods or services to support that contract, you are using taxpayer money that is subject to many rules and possibly audit. As a government prime contractor, you must know how to properly spend your prime contract money and also reduce your corporate risk.  An audit is something many government contractors will face, if you are caught not spending the money correctly, you could be subject to repaying the government or fines.

The Federal Acquisition Regulation (FAR) is not entirely written for contractors, however contractors that i...