Contract fraud and abuse risk examination

Sheryl Steckler and Tom Caulfield are, respectively, president and chief operating officer of Procurement Integrity Consulting Services, www.procurement-integrity.net, which specialises in developing, assessing and structuring strategies to assure contracting integrity. The company also assists clients in identifying and mitigating their inherent risk of procurement fraud and abuse. Sheryl and Tom also train domestically and internationally on the most prevalent procurement schemes of fraud and abuse in today’s contracting along with the most successful proactive and reactive protections against those same threats.

Procurement fraud consistently ranks among the most commonly-reported economic crimes. [1] Sheryl Steckler and Tom Caulfield set out steps to ensure your organisation has safeguards in place against contract fraud and abuse that are sufficient to prevent, detect, enhance prompt reporting, as well as have the capability to respond to such threats.