Cost and CAS: Rules of the Road to Help You Navigate Cost-Reimbursement Contracting

Designed for lawyers and contracting professionals, the goal of this course is to explain the “big picture” of cost-reimbursement contracting and the Cost Accounting Standards.  This area of contracting can appear mysterious, and we want to give you the tools to navigate it with confidence.  Discussion topics will include:

• • What is cost-reimbursement contracting?
  • What are incurred cost proposals?
  • How do contractors invoice under cost-type contracts?
  • What is cost allowability, and what rules do I need to know?
  • What are provisional vs. final rates, and how are rates finalized?
  • What are the Cost Accounting Standards?
  • What is a CAS Disclosure Statement, and how does it work?
  • What are the rules for certified cost or pricing data / TINA, and when do they apply?
  • How does all of this impact a contractor in practice?