Slide Deck

35 Slides available anytime
  • 35 Slides

Government Record Retention: How Long Should You Be Storing Contracts?

 

Learn types of records that must be maintained, time frames for retention, and best practices for implementing an effective records retention policy.

Federal award recipients - contractors, subcontractors, grantees, and subgrantees - performing federal contracts are required to comply with federal record retention requirements set forth in the FAR, Uniform Grant Guidance, and related guidance. Although seemingly straightforward on their face, interpretation and compliance with these obligations - especially in today's technically advanced world - presents a variety of challenges. These challenges are magnified when a company faces the specter of a broad federal audit or investigation. This information helps the persons responsible for interpreting and applying federal record retention obligations understand the basic requirements and how to ensure full compliance with the existing rules. Failing to have the proper policies and compliance mechanisms in place to ensure compliance with federal record keeping requirements can lead to significant adverse audit findings, penalties and/or sanctions and also could have collateral impacts under other federal statutes (such as the False Claims Act). This topic will help you avoid these pitfalls, but just as important, this information will equip you with the tools necessary to work with the compliance and business side of your organizations on the best approaches to ensure compliance with these seemingly simple obligations.

Agenda

Faculty

Eric W. Leonard

Eric W. Leonard

Cozen O'Connor

  • Partner in the office of Wiley Rein LLP located in Washington, DC.
  • Practice emphasizes all aspects of government contracts with a specific emphasis on handling labor and employment issues that arise for companies that do business with the federal government
  • Conducts regular seminars and workshops on a wide range of government contracting topics; recent examples include webinars on the Service Contract Act, federal sick leave requirements, federal recordkeeping requirements, the Fair Pay and Safe Workplaces Act, ethical issues for government contractors, and risk mitigation in the management of federal subcontractors
  • Written several publications related to the areas of Service Contract Act compliance, federal sick leave requirements and related topics; also a regular contributor and commenter for articles published on federal labor and employment issues by Bloomberg’s BNA Federal Contracts Report and SHRM among others. Has also assisted with drafting comments in response to the recent federal sick leave rules and Fair Pay and Safe Workplaces rules
  • Active member of the Professional Services Council, a vice-chair of the ABA Public Contract Law Section, Employment Safety and Labor Committee, and National Contract Management Association
  • J.D. degree, with honors, George Washington School of Law; B.A. degree, The Johns Hopkins University
  • Can be contacted at 202-719-7185 or [email protected]
George E. Petel

George E. Petel

Wiley Rein LLP

  • Associate in the office of Wiley Rein LLP located in Washington, D.C.
  • Broad practice with focus on ethics and contract compliance, small business issues, cost accounting, purchasing/subcontracting issues, civil and criminal contracting fraud, and bid protests and other disputes
  • Conducts regular seminars and workshops on a wide range of government contracting and grant topics, including regulatory developments, cost accounting, merger and acquisition risks, audits, and ethical issues in government contracting
  • J.D. degree, The George Washington University Law School; B.A. degree, Swarthmore College
  • Vice-chair of the ABA Public Contract Law Section’s Young Lawyers Committee and active in the Section’s Small Business Committee and Subcontracting, Teaming, and Strategic Alliances Committee
  • Can be contacted at 202-719-3759 or [email protected]

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • Live Webinars
  • OnDemand Webinars
  • MP3 Downloads
  • Course Manuals
  • Audio Recordings*
  • Executive Reports
  • White Papers and Articles
  • Sponsored Live Webinars

Additional benefits include:

  • State Specific Credit Tracker
  • Members Only Newsletter
  • All-Access Pass Course Concierge

* For audio recordings you only pay shipping

Questions? Call 877-296-2169 to speak with a real person.

Sign Up Today

Access to all training products $699/year

Unlimited Lorman Training

With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!

Easy Registrations

Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.

Invest in Yourself

You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.