The United States government awards approximately $700 billion annually through federal contracts. But these dollars come with a distinctive set of legal, administrative, and regulatory rules, creating unique risks for government contractors.
With investments expected to ramp up with passage of the bipartisan Infrastructure Investment and Jobs Act, government contractors should be prepared for years of increased regulatory and enforcement scrutiny over the trillions of dollars in funding involved. US enforcement against government contractors for “waste, fraud, and abuse” is carried out under the False Claims Act (FCA) and Truth in Negotiation Act (TINA), as well as through government auditing agencies and other mechanisms. To navigate this increasingly complex environment, companies that receive funding from the US federal government need an advisor that understands their risks and can provide specialized insurance and risk management solutions that are tailored to their unique needs.
Marsh’s Government Contracting Practice provides creative and cost-effective practical and technical solutions for your most complex contracting risks. From risk identification and regulatory knowledge to claims and crisis management, our experienced team understands every aspect of the transaction. We provide a risk-focused approach that breaks down traditional industry-driven silos with a service model designed to help you effectively respond to government solicitations and protect against indemnification.
This expertise allows us to negotiate competitive terms for coverages that address government contractors’ most significant risks, supporting you in every key aspect of your government contracting transaction.