Mandatory Disclosure Rules

Contractors Must Self-Report

When contractors violate certain laws or receive overpayments from the government, they are required to self-report this instances. These rules were enacted in November in 2008 and have two components.

A new basis for suspension and debarment from Government Contracting:

• A knowing failure by a Principal to timely disclose "credible evidence" of:

(1) Violations of certain criminal fraud laws, including conflict of interest, bribery, or gratuity violations, (2) Violations of the civil False Claims Act, or (3) Significant Government Overpayments