Contract and Procurement Fraud + Workshop

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Registration & Fees

Registration Fee:
Member Price: $1269
Non-Members: $1569
Early Registration Deadline: April 5, 2024
Register by the Early Registration Deadline to SAVE USD $150!

Course Outline

Day 1

• 7:30 – 8:00 a.m. Registration and Continental Breakfast

  Registration and Continental Breakfast

• 8:00 – 9:20 a.m. The Procurement Process

  Discuss the phases of the procurement process while you review contracting and payment systems. Also, learn the differences between government and private purchasing procedures.

• 9:35 – 10:55 a.m. Legal Elements of Procurement Fraud

  If you discover a procurement scheme, how do you know if it is illegal? Has the perpetrator committed a crime? Discuss the legal statutes that are most commonly used to prosecute procurement schemes. You will also learn what civil laws may allow for litigation directly against the perpetrator and how qui tam actions may be pursued.

• 11:10 a.m. – 12:30 p.m. Bribery and Corruption

  Unfortunately, the payment of bribes and kickbacks occurs more often than you might think. But although they are common, they are often hard to detect and prove. Discover the most common types of corruption schemes and provide insight into how to catch them.

• 12:30 – 1:30 p.m. Group Lunch

  Group Lunch

• 1:30 – 2:50 p.m. Collusion Among Contractors

  Bid-rigging occurs in many different forms. This session will focus on those schemes in which prospective bidders team up against the contracting entity to submit false bids and inflate prices.

• 3:05 – 4:25 p.m. Collusion Between Contractors and Employees

  Many schemes involve collusion between the contractor and one or more employees of the contracting entity. Explore recognition and bid tailoring schemes. These schemes can be very costly if they are not stopped early.

Day 2

• 7:30 – 8:00 a.m. Continental Breakfast

  Breakfast

• 8:00 – 9:20 a.m. Fraud in Procurement Without Competition

  Learn about the common schemes in the sole-source contracting process, including employee purchases for personal use or resale, and purchases that fall below a threshold limit.

• 9:35 – 10:55 a.m. Performance Schemes

  Once the contractor begins performing the work, a whole host of new fraud schemes open up. This session will cover schemes involving defective pricing and non-conforming goods and services.

• 11:10 a.m. – 12:30 p.m. Vendor Management

  Organizations need to take specific steps to reduce the risk of vendor fraud. This section covers vendor due diligence, managing via contracts, conflicts of interest and right to audit.

• 12:30 – 1:30 p.m. Lunch on Own

  Lunch on Own

• 1:30 – 2:50 p.m. Detection and Prevention

  Procurement schemes can be difficult to detect and prevent, partly because these schemes can take on various forms, occur in any stage of the procurement process and tend to take place over a long period. Examine ways to detect the schemes and also tailor proactive procurement fraud detection and prevention programs to the specific risks within an organization.

• 3:05 – 4:25 p.m. Investigating Procurement Fraud

  One of the first responses to suspected procurement fraud is to develop an investigation plan. Learn methods of collecting information, conducting interviews and performing an analysis.

Day 3

• 7:30 – 8:00 a.m. Registration and Continental Breakfast

  Registration and Continental Breakfast

• 8:00 – 9:20 a.m. International Investigation

  You’ll begin the workshop portion of this class with a case exercise focused on international investigations. You will examine the contract requirements of an international project and review details of the company that was awarded the contract. Follow the concerns that prompted an investigation and then identify elements of potential legal offenses. We will also discuss specific players in the scheme and what legal charges you think should be brought against them.

• 9:35 – 10:55 a.m. Methods Used to Acquire Goods and Services

  Each step in the procurement process is susceptible to unique fraud risks. Building off the foundation laid in the previous 2-day seminar, this session dives deeper into the various weak points within procurement and the relevant integrity controls that can be used to prevent potential misconduct within those processes. Using an interactive exercise, you will visualize the traditional procurement processes phases and elaborate on the steps, personnel, and purpose of each phase, as well as what fraud schemes are most likely to occur in each phase and how they can best be prevented.

• 11:10 a.m. – 12:30 p.m. Is It Administrative, Civil or Criminal?

  When investigating a case of contract and procurement fraud, a fraud examiner should be aware of the varying degrees of evidence required to meet the thresholds for administrative, civil, and criminal resolutions. Through practical exercises, this session will explore the types of legal actions available in different situations and how to meet the related evidence thresholds.

• 12:30 – 1:30 p.m. Group Lunch

  Group Lunch

• 1:30 – 2:50 p.m. The Contract Folder

  The typical contract folder should contain numerous documents—each of which might contain red flags of fraud. During this session, you will review examples of contract documents and folders and look for warning signs of misconduct.

• 3:05 – 4:25 p.m. Capstone Exercise: The Lighthouse

  Bringing all of the previous discussions together, this capstone session will give you the opportunity to apply everything you've learned. You will review a contract, identify the relevant procurement fraud risk theories, assess what schemes might be occurring and identify mitigating procurement integrity controls that can be used to help mitigate fraud risk.

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