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Symantec Non-Compliance with GSA Contract Could Result in $145 million in Damages

symantec non-complianceThrough an investigation from the GSA, Symantec non-compliance has been cited with their GSA Multiple Award Schedule contract. The government has found in its initial analysis that Symantec’s actual damages exposure have resulted in approximately $145 million.

Symantec non-compliance is one of many recent GSA non-compliance investigations that I have seen and it brings up the question of how to be able to stay compliant with your GSA contract. Non-compliance is a issue that is happening more often than not with GSA contracts and this issue can be easily avoided. Symantec is finding that through the investigation there maybe a possibility that they also violated the False Claim Act through their cash related operations and revenue flow. A violation in the False Claims Act can lead to criminal and civil penalties based on whether the organization has fraudulent claims for payments or acceptance from the government.

One great way to remain compliant with your GSA contract is through auditing yourself. Being able to go through your own records with the help of experts, who have a GSA perspective can go a long way and can result in many benefits.

Have you considered the benefits of a self audit?

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