FAR Part 31 contains cost principles and procedures for the pricing of contracts, subcontracts, and modifications to contracts and subcontracts whenever cost analysis is performed, and the determination, negotiation, or allowance of costs when required by a contract clause. This course provides a thorough understanding of the nature and intent of FAR Part 31—Contract Cost Principles And Procedures, Subpart 31.2—Contracts with Commercial Organizations. Coverage includes the basic FAR requirements for cost accounting and cost principle application contained in FAR 31.201 through FAR 31.204, as well as a detailed examination and explanation of each contract cost principle contained FAR 31.205. It is recommended for those individuals with responsibility for identifying and coding transactions for cost segregation, for cost accounting, or for management or oversight of the cost accounting functions.
Specific topics include
5.5 CLE/ 0.55 CEU/ 6.5 CPE (Finance) credits may be earned for this course. This course is recommended for 8 CLP credits.
This course has been approved for CLE in CA, PA, VA and TX. Because this activity has been approved in another CLE jurisdiction, you may also receive credit for participation in AK, AZ, AR, CO, FL, HI, IL, ME, MT, NJ, NY, ND, and WI (additional state requirements may apply). If you are seeking CLE credits for a jurisdiction other than the ones listed above, please contact us for additional information.
course can be submitted to Project Management Institute (PMI) for PDU.
Upon their approval, it may be worth 5.5 PDU credits.
Thursday, December 14, 2017 9:00 AM - 4:00 PM
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The Public Contracting Institute1725 I (Eye) Street NWSuite 100(Farragut Metro)Washington, District of Columbia 20006
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