Selling to the government is risky business. Contractors are faced with complex cost accounting and pricing regulations. The government has unilateral rights not found in commercial relationships. Contractors are subject to frequent government scrutiny and audits. Even honest errors and omissions can results in disputes or litigation. This places heavy demands on contractors in all industries. If you are found to have violated government regulations, the penalties can be significant – even if relatively small dollar amounts are at issue….
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