Feature Comment: U.S. Contractor Compliance Rules are Likely to Expand

Abstract:     
In response to recommendations and developments in the U.S. procurement community, the U.S. Government is expected soon to issue revised standards for contractor compliance systems. Those standards will likely require more contractors - including contractors working abroad, and perhaps commercial-item contractors - to establish more comprehensive compliance systems to ensure their adherence to the many laws and rules that govern federal procurement. In this brief essay, Christopher Yukins reviews the history of contractor compliance systems, assesses the likely elements of the revised standards, and suggests ways to weigh some of the costs and benefits of new compliance requirements.

Number of Pages in PDF File: 7

Keywords: contractors, compliance systems

JEL Classification: G38, K14, K23, K33, K42

Accepted Paper Series