BBNC Code of Ethics Code of Ethics_JooMag | Page 28

CONTRACT COMPLIANCE Once BBNC is awarded a contract, we have a responsibility to comply with its requirements. Deviations from the requirements may be prohibited unless they are approved in accordance with government procedures. It is possible that unauthorized deviations can be considered a criminal act. Examples of deviations include failing to deliver materials paid for under contract and providing goods that: Are made from lower quality materials than required; Have not been tested and approved as required; Contain foreign-made materials when the contract requires domestic materials. There are additional regulations dealing with government contracting programs for small businesses (set- aside contract awards). As government contractors, we must comply with labor standards statutes (i.e. Service Contract Act, Contract Work Hours, Safety Standards Act, Davis Bacon, etc.) as well as many other statues specific to government contracting. 26 Under set-aside contract awards, small business prime contractors are required to self-perform certain levels of work on a government contracts. BBNC government contractors must comply with these regulations known as prime contractor’s limitations on subcontracting. BBNC’s contract compliance efforts explicitly include compliance with all the terms and conditions of a contract, including performance requirements. Your Responsibilities Read your respective contracts and familiarize yourself with the contract terms and conditions. Adhere to all terms and conditions of the contract. Never substitute material or change testing and quality control requirements unless you follow authorized procedures. Actively monitor and comply with the contract performance of work requirements. BBNC Code of Ethics | Ethics Hotline: 1.866.513.7078 | Effective May 17, 2019 | www.bbnc.net GRATUITIES, GIFTS AND TIPS BBNC is committed to fostering quality relationships with suppliers, customers, our community, and each other. To ensure that our relationships are honorable and reputable, the following guidelines should be used in giving and accepting gifts, tips and gratuities. Business Courtesies to Non-Government Personnel BBNC employees may provide or accept meals, refreshments, entertainment, and other business courtesies of reasonable value to or from non-government persons in support of business activities, provided: The practice does not violate any law, regulation, or standard of conduct of the recipient’s organization; and The business courtesy must be consistent with marketplace practices, infrequent in nature, and not lavish or extravagant. Use common sense and good judgment in this area.