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Contract Pricing and Pricing Fundamentals
October 31, 2022 @ 10:00 am - 1:15 pm$498.00
Many federal contractors are wasting significant amounts of time and increasing audit risk and exposure by the improper use of price and cost analysis. Many contractors and Government oversight officials do not understand the true requirements contained in the Federal Acquisition Regulation (FAR) regarding the use of Price Analysis versus Cost Analysis. This results in significant time and expense preparing and justifying detailed cost estimates when the most basic price analysis tools and techniques, which require far less effort, are all that is required. This has been made even more challenging by clarifications made to the FAR in 2011 that actually encourage contracting officers to reach out and obtain cost details, even when they are not required.
This class is available for CPE and CEU Credit. If CLE credit is needed for the class, you must request the credit, along with the jurisdiction, prior to the start of training.