Have you ever discounted the importance of good, sound internal controls over your purchasing system? You shouldn’t and here’s why.
A former employee of a U.S. Government contractor in Afghanistan will spend the next 21 months in prison because he accepted more than $250,000 in kickbacks from one of the contractor’s Afghan subcontractors. These kickbacks were given in exchange for assistance in obtaining subcontracts.
SOURCE: Prison Time for Accepting Kickbacks from Subcontractor
New Regulation Formalizes Ombudsman Practice and Identity for IDIQ Contracts
An ‘ombudsman’ is an official charged with addressing and/or investigating the interests of individuals’ or companies’