New rules for contractors

Wednesday - 2/18/2009, 9:37am EST

Rebecca Pearson

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A recently enacted disclosure rule in the Federal Acquisition Regulation has the contracting community rethinking the way it does business. Contractors are now required to report evidence of fraud or overpayments in a timely fashion to the appropriate inspector general and face suspension or even debarment if they fail to do so. We speak with Rebecca Pearson, a partner at Venable, who explains the requirement's effect on contractors.