Training Course Syllabus:

Procurement and Contract Fraud - Detection and Prevention Webinar

Objectives of the Presentation

Types of Procurement and Contract Fraud
Procurement and Contract Fraud Indicators
Pre-Solicitation Phase
Collusive Bidding
Sole Source Issues
Solicitation Phase
Contract Award Phase
Post Award Phase
Change Order Fraud
Other Procurement Fraud Hazard
Use of Brokers
Phony or Shell MBDO companies
Buyer acting as Contract Administrator
Miscoding in Procurement Files
Prevention and Detection Strategies

Why Should you Attend

Every business that purchases and contracts for goods or services is vulnerable to a wide variety of fraud hazards. Many of the fraud schemes involve vendors and contractors in collusion with employees responsible for making purchases and administrating contracts, as well as with the employee who requests the purchase of goods or services. Other fraud hazards involve solicited and bidding contractors in collusion with each other. Government Agencies have armies of investigators and auditors whose mission is to prevent and detect procurement and contract fraud.

Small, medium, and even large businesses are often not equipped to combat this prevalent vulnerability. The first step is awareness of the hazard. Furthermore, the webinar will examine fraud detection and proactive prevention strategies as well as proven methods to investigate allegations of procurement and contract fraud.

Seminar Summary:

This training program will examine the fraud vulnerabilities in the procurement of materials and services in the private sector. In addition, it will explore the many procurement and contract fraud schemes and at what point in the procurement and contract process they occur. (see full course description)

print this agenda