GSA and VA aggressively use the Government's audit authority to assure that Schedule contractors fully disclose commercial sales practices, accurately bill government agencies and fully implement terms and conditions such as the Trade Agreements Act. A company that fails to comply with federal regulations and expected standards of business conduct could face payment of significant price reductions, penalties and damages. In some cases, issues related to the False Claims Act, as well as debarment from federal contracting, could result. As a result of global financial woes, corporate scandals, and considerable tax dollars being directed toward unprecedented bailout efforts, dramatic changes are taking place in Federal procurement today. At the core of these changes is compliance with government contract requirements.

Does your corporation understand the unique requirements of its GSA schedule contract and the potential impact on your commercial business? Is your corporation ready to demonstrate compliance with the terms of your schedule contract? If your answer to these questions is not an unequivocal "yes", you need to contact the Washington Management Group today. WMG can help you understand and manage processes related to:

• Pre and post award audits
• Contractor Assistance Visits (IOA)
• Basis of Award
• Price Reduction Clause
• Business Ethics
• Service Contract Act
• Trade Agreements Act
• Building Your Corporate Team
• Multiple Award Schedule (MAS) Program Management