Defective pricing is an important compliance focus for government contractors to avoid fines, civil liabilities and potential criminal charges. Many current changes are heightening the risk of defective pricing, including inflation, the government’s heightened focus on efficiency, changes in pricing thresholds and automation bringing more pricing data in the limelight.

Whether you are new to this area or seeking a refresher given the rapidly evolving environment, do not miss this invaluable small group opportunity.

In this session, topics will include:

• Breakdown of the five fundamentals of defective pricing
• Reviewing pricing action information
• Distinguishing between certified and non-certified costs
• What must the government prove to establish defective pricing
• How to insulate from defective pricing: New best practices
• Allowable contractor defenses
• How damages, interest and penalties are calculated