Federal Procurement Compliance Simplified

The good news: you're a government contractor and now have a constant revenue stream with a reliable, long-term customer! The bad news: that revenue stream comes with a lot of strings attached. You must now work hard and intelligently not just to please your customer but to comply with myriad regulations and procedures. And it's serious business: As government contracting and compliance expert Patrick Malyszek shows in Federal Procurement Compliance Simplified, what you don't know can hurt you--and your profitability.

Government regulations are constantly increasing in number and complexity. Compliance costs are also increasing year after year. As a government contractor or grant recipient, how can you determine which regulations apply to you? How do you maximize compliance and minimize the cost of compliance? How do you avoid getting tied up or unreasonably constrained in executing the contract? How do you resolve disputes?

Federal Procurement Compliance Simplified provides a step-by-step compliance methodology that will allow prospective and current contractors the ability to navigate the federal procurement process. It also explains all of the common risk areas that need to be addressed in order to stay profitable. Finally, it provides valuable insights into applying those rules, regulations, terms, and conditions to your specific organization. After reading this book, you will:

- Understand the regulations that govern your contract

- Explore and institute the critical business systems that impact compliance

- Understand the importance of properly documented policies, procedures, and transactions-and how to execute them

- Understand government contracts and their provisions in depth

Written in plain English, Federal Procurement Compliance Simplified is for business owners, as well as executives and managers of companies of all sizes-including both veterans of contracting and those new to it. The book will also prove a valuable resource for lawyers, accountants, and other professionals unfamiliar with the world of government contract compliance.