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A sole-source procurement activity is where a contract is offered to known vendor(s) instead of conducting open competition, and the resulting contract is known as a sole-source contract. FAR Part 6 specifically forbids sole-source contracting when it is due to a lack of advanced planning.
[9] [10] Evidence discovered by parliamentary committees investigating the scandal suggested a significant degree of preferential treatment given to WE Charity by the civil service, as, while WE Charity was allowed to repeatedly revise its proposals for the program (a common occurrence in sole-source contracts), no call for proposals was ever ...
By July 2017, 95 contracts and 15 sub-contracts had been brought within the scope of the regulations. These contracts reflected a combined value of £23.9 billion. Ministry of Defence staff had "welcomed" the introduction of the new system of controls and the ability to recognise "excess profits" being earned by sole source contractors. [15]: 6
Scams and confidence tricks are difficult to classify, because they change often and often contain elements of more than one type. Throughout this list, the perpetrator of the confidence trick is called the "con artist" or simply "artist", and the intended victim is the "mark".
The Welsh Thrasher faith scam was a scam that targeted people of faith, [1] operating as a Ponzi scheme. [ 2 ] It offered the "marks" or targets a combination of a tax avoidance entity (a corporate sole) and a high return investment program or deposit in a fictitious bank or other enterprise.
Only if both contract parties have the legal capacity to sign a contract, contracts are only enforceable. Some contracts are classified by common law as illegal and unenforceable: ——Criminal or tortious contracts [39] ——Contracts to promote corruption in public office [40] ——Contracts intended to avoid paying taxes [41]
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The Cockerham bribery case involved the investigation and subsequent trials of United States Army contracting officers and their family members who were accused of accepting bribes in return for steering multimillion-dollar contracts to companies providing services for the US Army in Iraq and Kuwait between 2004 and 2007. The alleged ringleader ...