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Financial Forum 2021: Cost Reasonableness and Allowability Overview and Updates



Summary

Cost Reasonableness and Allowability Overview and Updates. Determining allowable costs for contract pricing or reimbursement purposes can be a complicated process for contractors. This webinar will provide an overview of FAR Part 31--Contract Cost Principles and Procedures, specifically focusing on contracts with commercial organizations. Coverage will include a detailed examination of the FAR requirements in FAR 31.201-2 and FAR 31.201-3 for determining cost allowability and reasonableness, as well as a discussion of certain selected cost principles in FAR 31.205. This webinar also will address recent cases impacting the interpretation and application of these cost principles.

 

Each registration allows for one person to log in. Your team members can join you in a conference room for no additional cost. Additional logins for those located in other offices, working remotely, or otherwise unable to participate with the registrant can be purchased for $200 each. 

Topics & Dates

Second Tuesday of the month

12:00 pm to 1:00 pm (ET) 

 

For information on the full series, click here.


January 12: Principles of Fiscal Law and Government Contracts 

February 9: Contract Types and Bid Protests

March 9: Cost Reasonableness and Allowability Overview and Updates

April 13: Cost Estimating and Truthful Cost or Pricing Data Requirements

May 11: Selected Cost Principles Part 1: Compensation, Travel, Legal and related costs

June 8: Selected Cost Principles Part 2: Selling, B&P, IR&D, and related costs

September 14 The Cost Accounting Standards

October 12: Pricing Requests for Equitable Adjustments and Pursuing Claims

November 9: Developments in Cost and Pricing Issues: A Year in Review

 

 

 

 



Continuing Education Credits

CLP 
1.0 credit per session; 9.0 credits for entire series.

CPE (Finance/Business Law)
1.0 credit per session ; 9.0 credits for entire series.

CLE 
1.0 credit per session (Pending Approval in VA); 9 credits for entire series. 

CLE Jurisdiction Approval

  • This course has been approved for CLE in CA, OH, and PA, and is pending approval in VA. 
  • PCI is an accredited sponsor, approved by the State Bar of Texas, Committee on MCLE. If credit is needed in TX, please contact PCI at least 45 days prior to the training. 
  • Through reciprocity, CLE may also be received in AK, AZ, AR, CO, FL, HI, IL, ME, MT, NJ, NY, ND, OR, WA, WV, and WI (additional state requirements may apply).
  • If you are seeking CLE credits for a jurisdiction other than the ones listed above, please contact Jess@PublicContractingInstitute.com.


CEU
0.1 credit per session; .9 credits for entire series.


PDU

This course can be submitted to Project Management Institute (PMI) for PDU.  Upon their approval, it may be worth 1 PDU credit per session; 9 PDU credits for entire series.

 

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