UNDERSTANDING YOUR RESPONSIBILITIES IN GOVERNMENT CONTRACT PERFORMANCE
Contract Performance / Contract Compliance
Once you have been awarded a government contract, you now need to deliver. The same thoroughness, accuracy and attention to detail that you displayed in the preparation of your bid will be required of your company throughout your business partnership with the government.
The work you said you’d do must be completed in full and on time, and must meet the quality specifications outlined in the initial bid. A problem complying with the terms of your contract can mean the permanent loss of your government contract, the significant financial benefits it provides and cost you significant financial penalties.
Understand Your Contract
When considering a bid opportunity, when preparing to submit a bid, or when your company begins to execute a government contract, it’s wise to talk with a lawyer who can help you understand the responsibilities you have undertaken.
I’m business consultant and attorney Jim Rome. I have worked in and with government bodies at the local, state, and national level for more than 40 years. It’s my business to advise clients on the legal obligations placed upon them by their government contracts, and to help business clients when they run into compliance problems.
Contract Performance Concerns
Contract performance issues typically arise in three areas:
- Quality control: This is a priority issue. The government wants to know that you have procedures in place to ensure that the product you provide will meet the initial specifications dictated in the request for bid.
- Financial billing and reporting: The government has a specific, preferred format for expense reporting and billing. Following these financial reporting requirements ensures that billing is submitted correctly and payments are not delayed, and that in the event of an audit, financial information is available.
- Misrepresentation of company policies: Companies must follow EEOC and non-discrimination policies mandated by the U.S. government for all government contractors.
Call to schedule your consultation today – Your Time is Valuable, I Come to You
Governmental units are exacting in their requirements of contractors. This should not be a problem for your company, however, if you understand what is required. Contact my Wilmette law office to schedule a consultation at your office, home, or a location convenient to you. I work with clients in Illinois and across the U.S.