Training
Provided by Lorman Education Services
BenefitsWhile a systematic records retention policy is a hallmark of every successful business, it is also a mandatory condition of contracting with the federal government. Federal laws and regulations require federal contractors, including construction contractors, to maintain certain records related to the contract for a specific number of years. Consequently, federal contractors are well advised to establish good recordkeeping policies and procedures that satisfy their legal obligations. Establishing such policies and procedures however, can be complicated, especially because other practical considerations of contracting with the government may expand a contractor's record retention obligations beyond what is minimally required under the contract. This teleconference will outline federal contractors' general recordkeeping obligations and will discuss penalties that can result from noncompliance. In addition, the speakers will provide practical considerations that should be taken into account by contractors in establishing their own record retention.
Learning
Objectives
- You will be able to state federal government contracts and general recordkeeping requirements.
- You will be able to identify liability for noncompliance.
- You will be able to specify statutes of limitation considerations.
- You will be able to recall retention policies and procedures.
Project managers, contractors, subcontractors, engineers, architects, presidents, vice presidents, estimators, developers, suppliers, buyers, administrators, contract managers, purchasing professionals, government officials, accountants and attorneys
| This is primarily teleseminar training |  | Contact Lorman Education Services for more information |
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| Training Presented in: | English |
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