Contract and Procurement fraud means using all the multifarious means to get an unlawful advantage over another by false statements, suggestions or suppression of the truth. Contract and procurement fraud include a number of common and recurring schemes related to the procurement of goods and services in all the different stages of procurement which includes:-
- The Pre solicitation Phase
- The Solicitation Phase
- The Bid Evaluation and Award Phase
- Post Award/Performance and Administration Phase
Our experts work with your business to identify red flags pertaining to the different stages of procurement. Our experts will conduct due diligence and regular audits to identify early indicators and potential risks which could have direct or indirect impact to the organisation reputation and business financial conditions and work to provide necessary remediation appropriately.
The various areas of coverage include:
- False Statements and Claims,
- Collisions among Contractors,
- Bid Manipulation,
- Contract Performance,
- False, Inflated and Duplicate Invoices,
- Non-Conforming Goods or Services,
- Conflict of Interest,
- Bribery,
- Embezzlement of Public Money, property and records.
To know more about the services or related assistance, you can talk to one of our commercial contract advocate by calling +91 766 9192 999. You can also fill in our Contact form to request a call back at your convenience.