Friday, November 30, 2012

Red Flags of Procurement Fraud VIII

Numerous Post-Award Contract Change Orders

     After the low bidder (usually) gets the contract, the winner might amend or modify the contract to add similar requirements and therefore needs to pay more.  As usual, just the issue of additional requirements does not always indicate fraud, but if it is an ongoing situation which occurs time and again, it may be a red flag.

Credit is given to Charles Piper and the July/August 2012 issue of Fraud Magazine.


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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