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Trending Cost & Pricing Issues October 19: Direct and Indirect Costs and a Little Thing Called G&A!
October 19, 2017 @ 1:00 pm - 2:30 pm$189
Join Dixon Hughes Goodman LLP’s Bill Walter for an interactive discussion of profit and fee determination on Government contracts. FAR 15.404-4(b) that requires a contracting officer to use a structured approach to establish a profit or fee objective. While the FAR does not identify a specific approach that must be followed, it does identify some of the factors that should be considered. Some agencies, such as the Department of Defense and NASA, do have their own structured approaches that are used by contracting officers within each agency. Bill will discuss various tools and methods of determining profit and fee objectives.
Among the topics to be discussed will be:
- Profit as a motivator for the contractor
- Structured approaches and relevant factors that should be considered
- Agency specific structured approaches to profit and fee
- Cost of Money and its impact on profit objectives
- Statutory limitations on fee
- Strategies for negotiating profit and fee objectives.
Trending Cost & Pricing Issues Series (to register for the series, click here)
Third Thursday of the Month
January 19 Part I: CAS Overview: Applicability, Types of Coverage and CAS Administration
February 16 Part II: The Cost Accounting Standards – Allocation of Cost
May 31: Part I: Price Analysis and Fair and Reasonable Pricing (please note, this session will take place from 12:00 pm to 1:30 pm EDT)
June 27: Part II: Commercial Item Pricing and Challenges in the Current Environment
November 16: Part V: Cost Analysis and Cost Realism and Their Expanding Roles in Contract Pricing
December 21: Part VI: Defective Pricing – Hazards & Defenses
*topics are subject to change*
Continuing Education Credits
2.0 credits per session; 20 credits for entire series
1.5 credits per session; 18 credits for entire series
1.5 credits per session; 15 credits for entire series for AK, AZ, AR, CA, CO, FL, HI, ME, MT, NJ, NY, ND, OR, PA, VA, WI (if you need CLE for a state not listed, call us.)
0.15 credits per session; 1.5 credits for entire series
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; 15 PDU credits for entire series
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.