Trending Cost & Pricing May 30: Cost Analysis and Cost Realism and Their Expanding Roles in Contract Pricing

Click Here to Learn About PCI's discounted OPEN PASS to Access 6 Different Virtual Class and Webinar Series

Summary

Join Dixon Hughes Goodman's David Eck and Bill Walter for an interactive discussion of considerations in using cost analysis to support proposed pricing for prime and subcontracted goods and services. Among the topics to be discussed will be:

Cost Analysis – When is it required?
Cost or Pricing Data - How much is enough? What type of data is needed?
Cost Realism – Critical in the cost reimbursement marketplace,
Certification – Who should certify what?
Tools available – Where can you find cost analysis resources.
Documentation – How much is enough, again . . .

David and Bill will answer these questions:

Can a cost be realistic but unreasonable?
Can a cost be reasonable but unrealistic?
Can certain individual costs be unreasonable but overall costs be reasonable?

Dates and Topics

Government Contracting Officers are required to "purchase supplies and services from responsible sources at fair and reasonable prices." How to accomplish this lofty goal is part process and part experience. There are many tools and techniques that are available in the marketplace and many companies and agencies will apply these in different ways. Cost Analysis and Price Analysis are the primary, essential tools used in assessing fairness and reasonableness of proposed prices. The purpose of this virtual class series is to provide insight understanding into the requirements that need to be understood by buyers and sellers in all government contracting situations. The sessions are led in a straight forward, interactive manner with real world experience and current guidance and trends through a thorough discussion of these concepts in practical and actionable terms. Participants will learn not only how things are done but understand why some of the requirements exist. The course objective, simply stated, is to have participants obtain a working level understanding of cost and price analysis and their impact on the procurement process.

The Trending Cost & Pricing Issues Virtual Class Series (to register for the 2018 series, click here)

Wednesdays

12:00 pm - 1:30 pm (ET)

January 24: Price Analysis and Fair and Reasonable Pricing

February 7: Commercial Item Pricing and Challenges in the Current Environment

March 7: Direct and Indirect Costs and a Little Thing Called G&A!

April 4: Profit – Yes, contractors are allowed to have some!?

May 30: Cost Analysis and Cost Realism and Their Expanding Roles in Contract Pricing

June 27: Defective Pricing – Hazards & Defenses

*topics are subject to change*

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 $50 each.

Continuing Education Credits

CLP
2.0 credits per session; 12 credits for entire series.

CPE (Finance)
1.5 credits per session; 10.5 credits for entire series.

CLE
1.5 credits per session; 9 credits for entire series for AK, AZ, AR, CA, CO, FL, HI, ME, MT, NJ, NY, ND, OH, OR, PA, VA, WI (if you need CLE for a state not listed, call us.)

CEU
0.2 credits per session; 0.9 credits for entire series.

PDU

This course can be submitted to Project Management Institute (PMI) for PDU. Upon their approval, it may be worth 1.5 PDU credits per session; 9 PDU credits for entire series.