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Subcontracting Summit: Purchasing System Virtual Class
May 2 @ 2:00 pm - 3:15 pm$169
Click Here to Learn About PCI’s discounted OPEN PASS to Access 6 Different Webinar and Virtual Class Series
The amount of dollars being spent on subcontracting seems to be increasing each year. RFP’s are including wording asking if companies have approved purchasing systems. One of the government’s tools to help ensure that contractors are diligently pursuing subcontracts that are compliant with the prime contractor terms and conditions is the Contractor Purchasing System Review or CPSR. As we have discussed on prior episodes of the Subcontracting Summit series, the definition of a subcontract is very broad and includes purchase orders other agreements used to acquire goods and services. To protect the governments interest, in many cases, before a contractor can place a subcontract, the company must obtain consent from the contracting officer. However, if your company has an approved purchasing system, you can often bypass this additional step in the process.
This episode of PCI’s Subcontracting Summit will cover the requirements associated with Consent to Subcontract and Contractor Purchasing System Reviews. Both the Consent and CPSR requirements are often misunderstood. Our panel of experts will discuss Consent requirements and the underlying elements of the CPSR and discuss specifically what the government review teams are looking for and give you strategies to consider before you face the time and effort associated with a CPSR. The lively discussion will include real-life examples of the opportunities – and challenges – associated with consent and purchasing system reviews.
The agenda for the training will include:
- Consent requirements – why, what, where, when and how!
- CPSR – when are they required?
- CPSR – who performs the review?
- Expectations from the CPSR review team
- Reporting and Risks
- Challenges and Opportunities
- Steps for Success
Dates and Topics
If you are perplexed by the twists and turns of subcontracting, the curve balls that prime contractors throw at you, and the challenges presented by your own subcontractors, we have just what you need! Join our instructors Cy Alba, Tim Sullivan, Bill Walter, as well as special guests, for PCI’s “Subcontracting Summit,” a series of nine 75-minute virtual webinars beginning in September.
You and your colleagues are invited to participate as our experienced faculty explains virtually every aspect of the subcontracting process over the nine-part series, using case studies based on actual events whenever possible. Whether you are a prime contractor preparing subcontracting plans or dealing with subcontracting plan audits, a subcontractor losing work share or not being paid, or trying to understand why certain terms show up in subcontracts and how the regulations relate to them, our instructors will provide you with real-life answers and guidance each month. Further, you will hear how each side views a particular subcontracting challenge and how smart contractors have resolved them. You’ll develop a better understanding of what the Federal government’s role in the process is, despite its attempts to stay out of it.
Our program will run every Wednesday from 2:00 p.m. Eastern to 3:15 Eastern beginning Wednesday, September 20, except for December. Can you spare the time to participate in this exciting program? Of course you can! In fact, you can’t afford to miss it!
Framework for each session:
- Case studies/Anecdotes
- Case law
- Best practices
- Q&A: Bring your questions!
Subcontracting Summit: A Case Study Approach to Best Practices Virtual Class Series (to register for the entire series, click here)
All sessions run from 2:00 pm to 3:15 pm (ET).
September 20: Overview of Subcontracting and FAR Part 44
October 25: Joint Ventures and Teaming Agreements
November 15: Risk Management
January 24: Flowdowns
February 7: Subcontracting Plans
March 7: Best Practices in Prime’s RFP Development
April 4: Subcontract Pricing
May 2: Purchasing System
June 13: Administration
Continuing Education Credits
11.25 CLE/ 13.5 CPE (Finance)/1.125 CEU credits may be earned for this course. This course is recommended for 9.0 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, OH, OR 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.
This course can be submitted to Project Management Institute (PMI) for PDU. Upon their approval, it may be worth 11.25 PDU credits.
The Public Contracting Institute is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.