FAR Code of Conduct
This FAR Code of Conduct course is highly recommended for federal contractors and subcontractors. It provides essential training on the Federal Acquisition Regulation (FAR) rules that require certain government contractors and subcontractors to (1) adopt and promote a Code of Business Ethics and Conduct, and (2) implement internal controls to encourage the reporting of misconduct.
Geography Covered: Americas | Duration: 40 minutes
In 2007 the U.S. Department of Defense, the General Services Administration and the National Aeronautics and Space Administration developed a set of rules for federal contractors and subcontractors to (1) adopt and promote a Code of Business Ethics and Conduct, and (2) implement internal controls to encourage the reporting of misconduct through awareness training, among other things.
These rules are part of the Federal Acquisition Regulation (FAR) and serve as a guide for all federal contractors and subcontractors. They are mandatory when (1) the value of the contract is expected to exceed $5,000,000, and (2) the performance period is 120 days or more. Fraud awareness training will help to maintain a culture of compliance and to avoid fines and reputational damage.
The topics covered in the course include:
- Federal Acquisition Regulation
- Honesty and fairness
- Communication with government customers
- Pricing mandates
- Government supply contracts
- Other government contracts
- Conflicts of interest
- Rules for procurements
- Hiring government employees
- Record management
- Cooperation with government audits
- Improper payments
- Lobbying restrictions
- FAR Code of Conduct (US)
Like with all our courses, the FAR Code of Conduct training course was written by experts and powered by world-leading regulatory intelligence, which tracks more than 900 regulators and exchanges globally to ensure the course content is always up to date.
All our training courses are driven by practical examples and interactive scenarios to ensure users truly understand and recognize the issues of most importance to your business and learn to instinctively act to support them.
We employ instructional design techniques optimized for risk and compliance training, enabling your business to educate in a way that reduces risk and helps you build a culture of integrity and compliance.