Government Contractors to Face Tough New Mandatory Disclosure Requirements
November 25, 2008
Effective December 12, 2008, government contractors and subcontractors will be required to self-disclose “credible evidence” of certain violations of criminal law, violations of the civil False Claims Act, and significant overpayments on government contracts.
Background
“There is no doubt that mandatory disclosure is a ‘sea change’ and ‘major departure’ from voluntary disclosure.” – FAR…