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Sponsored by Lorman Education
Product ID: 407421EAU
 
Credit & Course Provided by:

Construction Recordkeeping and Documentation Requirements for Government Contracts

OnDemand Webinar (93 minutes)

Explore the recordkeeping requirements for government contractors and learn how to establish compliant recordkeeping practices.

All federal contractors are required to maintain and keep records, yet many are unfamiliar with the nuances of these obligations to ensure their company's recordkeeping practices and procedures comply with applicable laws and regulations. What types of records must or should a government contractor keep? How long should a government contractor keep contracting records? Where should a government contractor keep its records? When does the obligation to maintain records arise? This topic explores the recordkeeping requirements for government contractors and helps explain how to establish compliant recordkeeping practices. Recordkeeping may sound like a mundane and tedious task, but when faced with an audit or claim, properly kept records that can be quickly identified and utilized makes all the difference.

Authors

Paul Ghazaryan, Alston & Bird LLP Andy Howard, Alston & Bird LLP MJ Kim, Alston & Bird LLP

Agenda

Introduction

Origins of Contractors' Recordkeeping Requirements

• Federal Acquisition Regulation (FAR)

• Defense Federal Acquisition Regulation (DFAR)

• General Services Acquisition Regulation (GSAR)

Recordkeeping How-To's

• Types of Records to Maintain

• Time for Keeping Records

• Methods of Keeping Records

Access to Contractors' Records

• Disclosure Under the Freedom of Information Act

• Audits by the Defense Contract Audit Agency

• CIDs and Other Compelled Disclosures

Variations

• Specific Contract Terms

• State Law

Penalties

Questions and Answers