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Federal Appropriations Law
May 18, 2021 @ 2:00 pm - 3:30 pmFree
This course will explore, explain, and provide hands-on practice in the key issues and principles of fiscal law as it affects federal procurement contracting. From the budgeting process through appropriations legislation and implementation by the executive branch, attendees will gain an appreciation for why some procurement activities are performed in the way that they are.
This course covers the significance and risks in making fiscal law decisions. It is designed for Government contracting officers and COTRs/CORs, as well as contractor acquisition and management staffs. Program managers, resource managers, budget officers and legal staffs from both sides of a government acquisition transaction will benefit. The effect of fiscal law issues will inform the processes of contract awards, modifications and administration, and terminations.
• Recognize the basic legal controls, fiscal issues, and fact patterns that arise in federal contracting
• Recognize the significance and impact of the Antideficiency Act
• Understand how the purpose, amount, and time limitations restrict what can be done with funds and how thse restrictions are implemented in practice.
• Determine the difference between severable and nonseverable service contracts; how severable service contracts can be funded across fiscal years; and how incremental funding works
• Identify what a prohibited personal services contract is; the risks of a cardinal change ; and the issues and rules for using expired appropriations to fund contract modifications
Instructors: Tom Reid
Fee: FREE (Use Code NoCreditFree)
Need Credit? There is a $45 accreditation fee.