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Week 7 Ethics Scandals_Courtney Fritz.docx - Ethics...

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Ethics ScandalsEthics ScandalsCourtney FritzDEFM 423 l001-Winter 2022Professor NicholsMarch 28, 2022
Fritz 2Ethics ScandalsHaving successful and ethical business relationships requires both the contractor and thevendors to act in a professional, moral, and trustworthy manner. It is crucial that all partiesinvolved adhere to the strict set of rules and guidelines found within the Federal AcquisitionRegulations (FAR) Handbook. The Federal Acquisition Regulation (FAR) Part 3:“ImproperBusiness Practices and Personal Conflicts of Interest”states in the following subparts:1) Part 52.203-13, Contractor Code of Business Ethics and Conduct. “This contractclause requires contractors and subcontractors to report to the agency Office of theInspector General, whenever it has credible evidence that a principal, employee, agent, orsubcontractor of the contractor has committed a violation of Federal criminal lawinvolving fraud, conflict of interest, bribery, or gratuity violations found in Title 18U.S.C., or a violation of the Civil False Claims Act (31 U.S.C. 3729-3733). Theinformation will be used by the Federal agency to investigate suspected violations.”2) Part 52.203-16, Preventing Personal Conflicts of Interest. “This contract clauserequires contractors and subcontractors to obtain and maintain from employees assigned

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Term
Spring
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Business Ethics, Courtney Fritz

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