This course is custom designed for seasoned US Government contract acquisition individuals to delve into the complexity of regulatory compliance as well as topics de jour, and address the impact and potential impact of new and pending trends, events, and activities affecting compliance with contract costing and estimating related rules, regulations and expectations. This course is presented by a cast of noted individuals, each of who possess a plethora of knowledge and experience in the US Government contracting arena. Case studies and examples are used to explore the complexities and details of implementation and compliance.
Course Objective
Upon completion of this course, the participants should know best practices for implementation and execution approaches and techniques addressing advanced and evolving government contract cost and estimating compliance issues.
Day 1
All Day: Cost Estimating & Pricing Requirements: Forward Pricing Rate
Agreements, Proposal, Budgeting & Planning, Cost & Price
Analysis, and Truth in Negotiation Act Requirements
Day 2
All Day: FAR 31 Cost Principles and issues with Cost Accounting Standards
Day 3
Morning: Other Cost Estimating & Accounting: EVMS, Requests for Equitable
Adjustments, Protests, Claims, and Terminations for Convenience
Afternoon: Implementing and Maintaining Adequate Contractor Business Systems
and Internal Controls & Preparing for and Supporting Contract Audits,
Oversight, and Administration
