Fcpa Compliance Report

Show Notes Introduction What is the FAR What’s the differences with DFARs What types of companies should be concerned What are some examples of covered with these regs (eg. Ozone depleting substances, child labor, sanctions/debarment) Reporting requirements What sort of resources are available to help demonstrate compliance   What is the Federal Acquisition Regulation (FAR) The purpose of the FAR is to provide uniform policies and procedures for acquisition of goods supplied to the US federal government. Among its guiding principles is to have an acquisition system that satisfies customer's needs in terms of cost, quality, and timeliness; minimize administrative operating costs; conduct business with integrity, fairness, and openness; and fulfill other public policy objectives At over 1,800 pages in its entirety, is a substantial and complex set of rules governing the procurement of all goods and services required by the U.S. Government When a federal government agency issues a contract, it will specify