Councils propose ethics rule for contractors

Regulators looking to fill potholes in the Federal Acquisition Regulation have proposed a new ethics rule for government contractors. Although lawmakers have focused mainly on agencies’ procurement ethics, the Civilian Agency Acquisition and Defense Acquisition Regulations councils want to set ethics guidelines for companies working on federal contracts worth more than
$5 million.

The FAR tells agencies how to avoid improper business practices and personal conflicts of interest issues, but it is silent about how contractors should behave.

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