How do I execute contracts?

Your business will be required to manage the project and keep basic principles in mind.

Your business must stay in compliance and must conduct business in an ethical manner.

The rules and regulations of the Federal Acquisition Regulation and the Procurement Integrity Act must be followed. Along with the Defense contract Audit Agency cost accounting standards, these regulations manage the process by which the government purchases goods and services.

Ethical Business Practice

Your business must completely avoid all conflict of interest and refrain from influencing contract award or federal employees. Also required are proper appearances, actions, and full disclosure. You have a high standard of conduct you must maintain a high degree of public trust as well. Also, you must be completely impartial and lack preferential treatment.