Supply chain risk management has become a key element of compliance programs for government contractors. They are facing increased demands to police their supply chains to address many risks, such as counterfeit parts, cyber threats, human trafficking, and business ethics. Their supply chains also must comply with domestic preferences and socio-economic goals, while at the same time, offer goods and services at competitive prices.
The consequences of a failed risk management program could be severe. Supply chain risks could result in business disruptions, the incurrence of unanticipated costs for corrective actions, and even exclusions from government contracting.
Steptoe works with clients to navigate regulatory requirements on supply chain and to develop risk management programs. Steptoe also assists companies in responding to allegations that they failed to effectively police their supply chain.
This toolkit, updated in December 2016, is a resource in evaluating certain key supply chain risks. As a toolkit, it does not address every supply chain requirement or risk, but Steptoe can assist in developing effective programs to address these and other supply chain risks, depending on the client’s goals, suppliers, and business line.
For more information, Steptoe’s supply chain points of contact for government contractors are Paul Hurst, Kendall Enyard, Mike Navarre, and Fred Geldon or please visit Steptoe’s Government Contracts Group website.
- General Considerations: Supply Chain Risk Management
- Competitive Considerations: Subcontractor Responsibility and Past Performance in Sourcing
- Business Ethics in the Supply Chain
- Teaming and Collaborative Arrangements
- Counterfeit Parts
- Country of Origin and Related Restrictions
- Export Controls
- Antiboycott Laws
- Foreign Corrupt Practice Act (FCPA)/Anti-Corruption
- Combating Trafficking in Persons
- Government Contracts Intellectual Property
- Contracting with Small Businesses