Advanced Issues in Contract Pricing is designed for government contractors who have taken the basic one-day Pricing Strategies course; or those who need training in more advanced issues such as cost reimbursement contracts, flexibly priced contracts, the regulatory requirements of contract pricing, and coping with (or avoiding) the auditors.
>> REGISTER HERE
Speaker: John Edward Murphy, Author of "Guide to Contract Pricing: Cost and Price Analysis for Contractors, Subcontractors, and Government Agencies."
Dates: Friday, May 18, 2007 and Friday, June 22, 2007
Time: 9:00 am to 4:30 pm
Location: The Federal Sales Academy, Bethesda, Maryland
In the morning you will learn the fundamentals of how to prepare proposals and claim reimbursement correctly, on time, in in a manner to avoid unnecessary intrusion by the Government. You will learn how to:
- Prepare cost estimates for proposed contracts that will provide your marketing force with current, complete, and accurate data throughout price negotiations
- Use your cost / price proposals as a benchmark to measure and monitor cost incurred from the inception through completion of project or engagement; identify actual or potential overruns or other problems; and take timely corrective action
- Use your cost accounting system to record and measure the actual cost incurred for your subsequent reimbursement claim.
- Comply with the requirements of the Cost Principles (FAR part 31), Truth in Negotiations Act Requirements, and the Cost Accounting Standards
In the afternoon you will learn the fundamentals of managing a relationship with the DCAA and Other Government Auditors on cost reimbursement contracts or other "flexibly priced" contracts. You will learn:
- What prompts a DCAA audit and how to avoid a visit from DCAA.
- Your rights and obligations.
- What to expect during a “systems” review or audit, the consequence of “flunking,” and how to pass with flying colors.
- What to expect during a DCAA audit and how to prepare for one.
- How to expedite any audit.
- The consequence of an adverse audit finding.
- $500 per person.
- At your company (call 888-661-4094 x18 for quote.)
To learn more about advanced issues such as cost reimbursement contracts, flexibly priced contracts, the regulatory requirements of contract pricing, and coping with (or avoiding) the auditors.
The course will begin at 9:00 am and usually runs until around 4:30 pm depending on class size and participation levels.
Breakfast and Lunch are included
Cancellations
Cancellation notification must be received one week prior to the seminar date. Upon notification, your registration fee will be refunded less a $100 non-refundable processing fee. Any cancellations beyond the one week period are non-refundable. You may reschedule at anytime; if you reschedule to attend another seminar, we will apply your payment toward your new registration fee. Personnel substitutions may be made at any time. Payment must be received prior to the seminar date. No-shows are liable for the full seminar fee.
