| On September 30, 2016, the FAR Council published a Final Rule that immediately adopted, without change, the Interim Rule published on December 4, 2015 regarding a company's unpaid Federal tax liability or conviction of a felony criminal violation. Specifically, the Final Rule created FAR 52.209-11 titled "Representation by Corporations Regarding Delinquent Tax Liability or a Felony Conviction under any Federal law and FAR 52.209-12 titled "Certification Regarding Tax Matters". |  |
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Almost All Federal Contractors and Subcontractors Must Now Meet Minimum Cybersecurity Requirements6/11/2016
In July 2014, President Obama signed the Fair Pay and Safe Workplaces Executive Order ("Executive Order"), which "seeks to increase efficiency and cost savings in the work performed by parties who contract with the Federal Government by ensuring that they understand and comply with labor laws. In particular, the Executive Order applies to contracts in excess of $500,000 and requires contractors to disclose labor violations within the past three (3) years. In addition, procuring agencies will need to take violations into consideration in determining whether to award a contract.
What is a Code of Business Ethics and Conduct, you might ask (you may also have heard it referred to as a Code of Conduct, Code of Ethics, Code of Business Ethics, or some other variation). Well, a Code of Business Ethics and Conduct is essentially a document memorializing an organization's mission, values and principles. As many of us are aware, it has become quite common to hear about corporate scandals related to ethics violations, corporate conduct or the like. With that being said, we shouldn't have to list the reasons why a company should have a Code, but we will anyway.
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