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Tag Archives: minority recruiting
Executive’s Sentencing Reminder To Government Contractors, Subcontractors of Need To Manage Bid Rigging & Other Compliance Risks
The U.S. Department of Justice’s May 10 announcement of the sentencing of a company executive for conspiracy to commit mail and wire fraud in connection with bids on a contract for the repair of refuse carts for the city of Chicago highlights the need for businesses and business leaders to use care to ensure the honestly and accuracy of minority subcontractor and other representations made when bidding and contracting for government contracts and other conduct in connection with their business dealings with federal, state or local government agencies.
Posted in Bankruptcy, CEO, D&O, Director Liabiloity, Employment, Fiduciary Responsibility, Internal Controls, Officers, Reengineering, Shareholder Liability, Tax
Tagged bid rigging, Compliance, directors liability, Employer, employment, Federal Sentencing Guidelines, governemnt contractor, Internal Controls, minority recruiting, OFCCP, officers liability, Risk Management, Sarbanes-Oxley, Sox, subcontractor
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Cynthia Marcotte Stamer
slproc.com 