Trade Agreements Act (TAA) - Regulatory Compliance Certification

Trade Agreements Act (TAA) - Regulatory Compliance Certification from Versiqui, Inc.

By: Versiqui, Inc.  09/03/2015
Keywords: Trade Agreemetns Act, TAA, TPP, Buy American Act, Regulatory Compliance, Regulatory Audit, Regulator

Trade Agreements Act (TAA) Compliance Certification GSA Schedule Contracts are subject to the Trade Agreements Act (TAA), meaning all products/services offered on the GSA Schedule Contract must be manufactured or “substantially transformed” in a “designated country”. As governed by the Trade Agreements Act (TAA), Buy American Act and a multitude of other federal regulations. Historically contractors have "taken the bench" when it came to federal procurement trade agreements regulatory compliance. Now more than ever remaining compliant is paramount to your businesses success while working with the federal government. With the year over year growth in whistle-blower activities, writs of Qui Tam are becoming a common occurrence within the federal marketplace. Every day a new district circuit court is making it easier, removing statutory bars and clearing a path to provide overall health and compliance within all government contracted procurement vehicles. In 2015 alone the Department of Justice recovered 5.67 Billion dollars worth of "damages" from contractors large and small under the False Claims Act, (FCA). Non compliance can cost you, both civil and criminal litigation are remedies for non compliance. Instead of worrying, mitigate the risk and certify your product catalog with Versiquis, Trade Agreements Act (TAA) Compliance Certification.

Keywords: Trade Agreemetns Act, TAA, TPP, Buy American Act, Regulatory Compliance, Regulatory Audit, Regulator