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ARTICLE · 04 MAY 2005

Reed Smith Government Contract Practice Federal Schedule "Check-Up"

While the government is purchasing billions of dollars of supplies and services annually from Federal Supply Schedule ("FSS") contracts, manufacturers and suppliers are paying millions of dollars back to the government in fines and penalties for failing to comply with the contracts’ onerous requirements. With comprehensive compliance processes, contractors can better ensure profitable performance under FSS contracts.

United StatesGovernment, Public Sector

While the government is purchasing billions of dollars of supplies and services annually from Federal Supply Schedule ("FSS") contracts, manufacturers and suppliers are paying millions of dollars back to the government in fines and penalties for failing to comply with the contracts’ onerous requirements. With comprehensive compliance processes, contractors can better ensure profitable performance under FSS contracts.

Reed Smith’s Government Contracts Practice Group is offering a "Check-Up" program to FSS contract holders for a set fee. Under the "Check-Up" program, a team of Reed Smith attorneys will review a sampling of principal FSS documents, interview key FSS compliance personnel, conduct a 2-hour training session, and provide a written assessment of the company’s FSS compliance strengths and weaknesses. The FSS Check-Up is designed to take place at the company’s facility over the course of a day, with written feedback provided within a week.

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