FREE – Types of Government Contracts Basics

Over the last few years, we have all heard significant discussions, and have likely seen a deluge of email/magazine articles around the Government’s application of flexible acquisition strategies and accordingly the application of flexible contract/agreement approaches. But when we in industry look at (or listen to) that information being presented, do we form a clear “picture” in our minds of what that means to our organization as far acquisition opportunity development, or contracting for a subsequent “win”? On the Government of the acquisition, are we aware of just how flexible the approaches are? Are we also aware of the risks that come with that flexibility? (Including the risks associated with unintentionally limiting industry response/competition?) To help answer these questions and others, we provide a survey of FAR and non-FAR based contract/agreement strategies as well as contract execution types (e.g., Fixed Price types versus cost-based types).

This class will focus on:

• Content & authorities for use
• Associated contract or agreement types allowed
• Restrictions
• Common applications
• Pros & cons
• We will share select discussions on
  • So many choices – narrowing it down
  • Comparing Contract Strategies
  • Contract types
• So, what do I do with all this information now?