Did you know that since President Barack Obama took office he has issued over a dozen executive orders that have resulted in at least 16 new regulations for government contractors to adhere to?
You can probably think of a few right off the top of your head. New regulations are not only complex, they are expensive. Crowell & Moring estimates that nearly 30 cents of every contract dollar goes toward compliance with unique government regulations.
It becomes even more complicated when prime contractors are responsible for their suppliers and ensuring they are also adhering to the new regulations.
Keep reading this article at: http://federalnewsradio.com/commentary/2016/03/supply-chain-compliance-buck-stops/