Contractors Ordered to Post DOD Fraud Hotline Info

Share Button

From WashingtonTechnology

The Defense Department now requires its defense contractors to post the DOD inspector general’s fraud hotline posters in common work areas. The rule took affect Sept. 16, according to a notice in the Federal Register the same day.

The DOD IG didn’t think the old rules went far enough because the Federal Acquisition Regulation allowed a contractor to not post any other agency’s hotline numbers other than those of the Homeland Security Department if the company had its own business ethics program with a means of reporting fraud or waste.

However, the DOD IG believes the FAR might be limiting the use of its own hotline. Without a poster, an employee wouldn’t know the IG’s phone number.

The rule applies to contracts and subcontracts that exceed $5 million. It does not apply to purchases of commercial items or for work that will be performed entirely outside the United States if the contract exceeds $5 million.

Read full article from WashingtonTechnology

About Aronson LLC

Aronson LLC is one of the largest and most respected independent Maryland accounting firms. For more than 50 years, our financial experts have provided the highest quality accounting services for businesses and individuals throughout the Washington Metro area and beyond. Dedicated to vision, integrity and excellent client service, Aronson’s CPAs, tax professionals and consultants can help you navigate complex financial matters. Explore our site to learn more about the industries we serve, the services we provide and how Aronson can help you gain a new perspective on the future.

Comments are closed.

View Archives


Latest Webinar Videos

  • An error has occurred, which probably means the feed is down. Try again later.