- Understand the major differences between government and commercial contracting.
- Understand the principle laws and regulations that affect the federal procurement environment.
- Become familiar with the major components of the Federal Acquisition Regulation (FAR) and Cost Accounting Standards (CAS).
- Understand the government’s legal environment and the players on the government’s contracting team.
- Understand the different contract types, and their associated opportunities and risks.
- Understand competition alternatives, including full and open competition, set-asides, and sole-source procurements.
- Explore various procurement methods and discuss the processes affiliated with each, including competitive negotiations, sealed bidding, simplified acquisition, and federal supply schedules.
- Identify multiple types of compliance requirements, audits, and reviews, and the associated penalties for non-compliance.
- Recognize the components of a typical government contract and discuss the use and applicability of specific contract clauses, including inspections, changes, terminations, delays, and disputes
Season 10: Episode 20 “FAR Facts”
Hello and thank you for joining us for our Episode 20 FAR Facts of Fun with the FAR Season 10! Our next session will cover: FAR Parts 34 and 35. Far Part 34 covers Major System Acquisition and FAR Part 35 covers Research and Development Contracting. As we prepare for...