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You are here: Home / Government Contracting News / Little-noticed interim rule overshadows two Supreme Court procurement decisions

July 1, 2016 By AMK

Little-noticed interim rule overshadows two Supreme Court procurement decisions

The cost of False Claims Act incidents could double.  But nobody seems to know that.

False Claims ActThe “Rule of Two” is mandatory for the Veterans Affairs Department no matter how well they are doing in meeting their small business goals.

When vendors sign an invoice and send it to the government for payment, they are acknowledging they have met the requirements under the contract.

These were the major outcomes from two cases decided last week by the nation’s highest court.

While both these cases will have long-lasting impacts on the federal procurement community, a little-known rule by the Railroad Retirement Board (RRB) is what contractors really should be paying attention to over the summer.

The RRB issued an interim final rule May 2 to nearly double the cost per incident under the False Claims Act (FCA).

Keep reading this article at: http://federalnewsradio.com/reporters-notebook-jason-miller/2016/06/little-noticed-interim-rule-overshadows-two-supreme-court-procurement-decisions/

 

Filed Under: Government Contracting News Tagged With: cost, false claims, False Claims Act, FCA, federal regulations, interim rule, penalty, RRB, rulemaking, Supreme Court

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