Full Length
Government Contracting: Labor & Material Charging
Course Preview
At a glance
As a government contractor, an organization and all of its employees are required to follow specific rules about charging time and expenses to government projects. Although these rules can seem complex, it is critical that they are followed.
That’s where the Government Contracting: Labor & Material Charging course comes in. Part of NAVEX’s government contracting series, this course aims to help employees to follow key government contracting rules by exploring the basics of labor charging. Coverage includes accurate timekeeping, material and fair rate charging and government audits. The course also emphasizes the importance of reporting by detailing how to report suspected misconduct and how to access the internal resources available to them.
The end result is a course that encourages compliance with the strict requirements around government contracts.
Course Details
All Learners
Key concepts covered in this course:
- Best practices for accurate timekeeping across different projects
- The difference between direct and indirect time
- Consequences for mischarging or falsifying time entries
- The importance of resolving errors immediately
- Rules related to material charging
- Rules related to qualification of personnel assigned to contracts
- Proper conduct during government audits
- Consequences for breaking law or policies
- Circumstances under which the reporting of potential misconduct is required