MAIL BAG: THERE’S A WHOLE NEW COMPLIANCE WORLD OUTSIDE OF SCHEDULE CONTRACTS
Alert read O. Winfrey of Chicago writes, “I see you write a lot about GSA Schedule contract compliance. My company sells to the feds, but not through the Schedules. What are some rules we need to follow?” Well, O, the universe of federal contract rules could nearly fill Lake Michigan and you’re right to ask this question. Some of larger rules that come into play for non-Schedule contractors – and even some Schedule firms depending on what they sell – include the Foreign Corrupt Practices Act, Rights in Technical Data, International Traffic in Arms Regulation (ITAR) and others. Gift giving and ethics rules apply to all contractors, regardless of contract type. Courses are available on these, and other, contract requirements and, as always, it is essential tha t you and your company understand what you’re signing up for before you agree to a contract. Failure to understand what your contract requires can make you a grouch, and turn your accountant the color purple.