Most criminal cases involving fraud, misappropriation, or embezzlement arise in connection with government contracts. Companies involved in public procurement should therefore be aware of the business processes that investigators might consider to be acts of misappropriation of public funds. This will enable the company to take a number of pre-emprive steps to avoid the suspicions of investigators.
During the seminar, BGP Litigation lawyers will discuss the following key points, using real-life examples:
─ Drafting the specification, component technical specification, technical feasibility study, financial feasibility study; and why the contractor's employees should not be involved in this
─ Which bidders are considered to be related or dependent companies by investigators
─ Why you should not discuss the budget with the client at the bid preparation stage
─ What prices are considered economically justified by investigators
─ What the internal contract negotiation process should look like
─ Why price justifications and invitation to tender are necessary
─ Why it is important to verify compliance of specifications, component technical specifications, reporting and closing documents
─ What risks arise from delaying some work beyond the date of the certificates of completion
─ Why you should keep copies of reporting documents, etc.
BGP Litigation attorneys can assist in drafting government engagement policies for client departments when dealing with government clients. We can also help you with the cascading of liability.