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” )

Without Versiqui

  1. Approached about a Trade Compliance Violation.

    It is the contractors burden to display evidence that their company has a process to provision Trade Compliant Products.

  2. Civil and Criminal Penalties

    Under the False Claims Act FCA 31, the Department of Justice can impose severe civil and even criminal penalties for contract fraud in relation to non compliant product offerings to the federal government.

Verified by Versiqui

  1. Approached about a Trade Compliance Violation.

    You can either provide the investigative agency a copy of your Product Trade Certification provided by your Versiqui compliance team, or contact Versiqui to request a replacement certificate to provide proof of product trade compliance certification.

  2. Rest easy

    You have done your part, taken every step to ensure proper trade compliance measures have been taken. Now you can get back to work knowing that “it’s taken care of”

What is Versiqui.

Versiqui is a regulatory compliance software and service provider. Providing the first of it’s kind trade compliance product certifications.

We work hard to remove the administrative burdens of regulatory compliance for you. So you can get back to what you do.

Regulatory Compliance Certification Bureau

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  • Mitigate risk, improve internal processes, train, or manage Regulatory compliance certifications, requirements, and processes.
  • Reliable external partner with an objective outlook, confidential, and secure practices.
  • Regulatory professionals on call 24/hrs day – never lose sleep again over regulatory compliance, but if you do… we are available to answer your questions or concerns.
  • Trade Agreements Act (TAA) Compliance certification to ensure above and beyond compliance for your GSA contract or federal government contracting needs. – Pre and Post contract certification available to display compliance necessary to engage and maintain a federal contract, contracting vehicle, or sub contracting certification.
  • Ensure compliance with the Trans Pacific Partnership (TPP)
  • Provision regulatory paperwork for investors, real estate, banking, and burden of the Dodd Frank Act. We can create an internal process, review current processes for internal modifications, or handle your Dodd Frank SEC document preparation, submission, reviews, and internal audits.
  • Find errors, risk, and opportunity before your competitor does, or worse yet before the Department of Justice or a Qui Tam Relator does.
  • Ensure online regulatory compliance that meets or exceeds the standards for compliance with the Americans with Disabilities Act (ADA).
TRADE AGREEMENTS
DODD FRANK
ADA

V_RCB

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Zero obligation Trade Agreements Act product risk liability report.

 

Asses your risk liability today with a no obligation product risk review and assessment. Identify opportunities with products that have been designated as substantially transformed, receive a unbiased internal compliance review. Gauge your risk, protect your future.

Since 2009 the U.S. Department of Justice has recovered $22.75 Billion. View More

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Due to the fluid nature of changes within Federal Procurement laws and regulations, please find below direct links to federal procurement and legal resources to ensure that you have the most current information. The above information does not constitute legal advice nor should it be consumed as such.