TINA requires organizations entering into certain contracts with the government to provide and update cost or pricing data that supports the agreed-upon contract price.
Mahwah, NJ (PRWEB) November 14, 2013
WeComply, Inc., a leader in web-based ethics and compliance training for corporate employees, has announced its Truth in Negotiations Act (TINA) training course. TINA requires federal contractors to provide the government with the cost or pricing data that supports proposals for certain contracts worth more than $700,000. This course explains the basic principles of TINA to employees who are involved in the government contracting process.
The course begins with an overview of TINA and then discusses TINA requirements, cost or pricing data and the compliance process. Additional topics covered include best practices for TINA compliance, government audit and consequences of non-compliance.
“TINA requires organizations entering into certain contracts with the government to provide and update cost or pricing data that supports the agreed-upon contract price,” said Mike Pallatta, WeComply CEO. “This course explains TINA to employees in simple, understandable terms, which better enables them to comply with its requirements.”
For more information on this course, please visit WeComply’s Truth in Negotiations Act course.
WeComply, a Thomson Reuters business, is a leading provider of ethics and compliance training for employees in all industries and offers more than 100 courses that are easily customized and available in multiple languages both online and offline.
Companies can host courses in their own Learning Management System (LMS) or use WeComply's patented system, which provides centralized administration, custom reporting and other advanced features. WeComply is the exclusive compliance training partner of the ACC Alliance and forms part of the Thomson Reuters Accelus offering of market-leading solutions for enterprise Governance, Risk and Compliance (GRC) management. For more information, visit http://www.wecomply.com.