Wednesday, November 21, 2012

Red Flags of Procurement Fraud II

The most obvious clue to procurement fraud is when the same entity is repeatedly awarded contracts for the same services or products.  Why is the same entity getting the contract all the time?

     Now, just because the same entity is awarded contracts again and again does not necessarily signify fraud.  After all, the company could be doing a good job and deserves the contracts.  But, the law of averages eventually catches up. 


NOTE: THE INFORMATION IN THIS BLOG IS NOT LEGAL ADVICE NOR IS IT INTENDED TO BE LEGAL ADVICE.  IF THE READER HAS ANY LEGAL QUESTIONS, PLEASE REFER TO AN ATTORNEY.

                                             

Have a great and fraud-free day.

 


 

----------à>>>>>>>>>>>>>>>gene tausk

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