How do I ensure my company is compliant with government contract regulations?
To ensure your company is compliant with government contracts regulations, there are several steps you can take. First, it is important to be familiar with the relevant regulations in your state. In Washington, this includes the administrative code as well as certain laws, such as the Prompt Payment Act. You should also familiarize yourself with the Washington State Code of Ethics for Public Servants. Second, it is important to draft contracts that are compliant with the applicable regulations. This includes including the necessary clauses for government contracts and ensuring the contract is written in a clear and understandable manner. It is also important to make sure all signatures are obtained, including those of all required parties. Third, your company should track deadlines. This includes making sure all invoices, requests for payment, and other documents related to the contract are submitted on time. It is also important to stay in close contact with your customer or client in order to ensure they are adhering to their contractual obligations. Finally, it is important to keep detailed records of all documents related to the contract. This includes any changes or amendments that were made, as well as any communication between the parties. This will help ensure that your company does not miss any important deadlines or obligations. By following these steps, your company can be compliant with government contracts regulations. It is important to stay up-to-date on relevant laws and regulations and to keep detailed records of all documents pertaining to the contract. This will help ensure your company is compliant with the applicable regulations.
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