GSA OIG Procurement Fraud Audit – Brainstorming Brainstorming is the first step in addressing the risk of fraud in the audit process. A br...
Traditional compliance practices are broken, expensive, and risky.
Regulatory compliance is beyond the ability of any one organization. Regulations and punitive requirements even enforce that it is in your best interest to work with an independent partner. One in Four* current GSA contract holders have unnecessary non-compliance risk exposure.
It does not benefit manufacturers or suppliers to provide you with up-to-date or accurate trade compliance information. With ever shifting manufacturing, acquisitions, and business practices. You may inadvertently be left non compliant and at risk of Qui Tam litigation and hefty monetary damages.
* The statistic of “one in four” is based off of a random sampling of 2,500 GSA schedule holders product offerings on GSA Advantage!®. Our indipendent study found that 28% of product offerings contained one or more product manufactured in a non-compliant country. Breaching the Trade Agreements Act ( TAA ), punishable under the False Claims Act ( FCA — 31 U.S.C. §§ 3729–3733, also called the “Lincoln Law” )