Suppliers Enhancing Their Government Credentials
Suppliers engaged in government contracts or seeking to be a vendor of choice for a company seeking government contracts know the value of being certified under the complex procurement regulations issued by the U.S. government. The Federal Acquisition Regulation (FAR) is perhaps the most important – and complex – federal contracting regulation. OEMs bidding on government contracts often scan their databases for suppliers who already meet FAR or similar federal contracting laws. Suppliers are not capable of meeting FAR reporting requirements or have a history of taking too long to compile and file reports are often the “second choice” for many companies.
The easy solution is to use the Source Intelligence platform and network. Suppliers can benefit through an alignment with Source Intelligence in two key areas: Conflict minerals and human trafficking. New and amended FAR rules strengthen the protections against human trafficking within federal contracts. Source Intelligence’s platform provides suppliers with easy reporting visibility to their customers who must comply with the FAR rules. Similarly, federal reporting requirements are in effect for the use of conflict minerals in manufactured goods sold by or imported by U.S. companies. Suppliers registered with Source Intelligence’s network provide a very visible benchmark and moniker easily recognizable by the world’s leading manufacturers and companies.
To learn more about how to be compliant with human trafficking and conflict mineral regulations and to easily showcase these features with your customers, please contact a Source Intelligence representative at 877.916.6337 or chat with a representative by visiting www.sourceintelligence.com or Request a Demo at: http://bit.ly/28Lu2lP