Government Contractor Critical Business Systems Fact Sheet

Excerpt from the full copy of Government Contractor Critical Business Systems

The viewpoint of the United States Government is that “contractor business systems and internal controls are the first line of defense against waste, fraud and abuse. Weak control systems increase the risk of unallowable and unreasonable costs on Government contracts.” On February 24, 2012, the Department of Defense (“DOD”) issued the final “Business Systems Rule” which establishes…