Courses that Meet Government Contractor Needs

Cost Accounting Standards and Regulations the short version Compliant Government Contracting – What you need to know to minimize risk, recover cost and Avoid Civil and Criminal Actions– (Two Day Course) What is Cost and Price Analysis in Government Contracting and How Does it Affect Your Proposals – ( Two Day course) Truth in Negotiation Act (TINA) and Defective Pricing – What you need to know (two day course) The Basics of Government Contracting – (Seminar) Compliant Allocations: Getting Cost to Where they belong – (Seminar) Accounting, Administrative & Compliance Requirements of Government Contracts (Two Day Course) FAR Part 31 Summary – (Seminar) Contract Close outs (Half to one day course)

 Allocability and Allowability Regulations vs. Standards  CAS Coverage  Full or Modified CAS Coverage  Price Adjustments  FAR Part 31 Contract Cost Principles and Procedures ◦ Applicability ◦ Allowability, Allocability, and Reasonableness ◦ Penalties for Claiming Unallowable Costs  Truth-In-Negotiations Act (TINA)

 A two day course: 1.Acquisition cycle, contract types, procurement process 2.Government’s expectations of how contractors cost are treated and allocated to Government contracts 3.Compliant Allocations: Getting Costs To Where They Belong 4.Contract Cost Principles FAR Subpart 31.2 Cost Allowability 5.What is Certified Cost or Price Data 6.Truth In Negotiation Act (TINA) 7.Defective Pricing 8.Cost Estimating Systems 9.Cost or Price Analysis – impact on your proposal 10. A high level walk through of a DFARS Compliant Proposal

1. Regulatory Framework 2. Cost Analysis & Price Analysis – Definition, Key regulations, When to apply 3. Price Analysis 4. Quantitative Techniques For Contract Pricing 5. Cost Analysis 6. Cost Estimating Methodologies 7. Cost Estimating System Requirements 8. Profit 9. Facilities Capital Cost Of Money 10. Cost Realism Analysis 11. Far Part 31- Contract Cost Principles And Procedures 12. Far Part 30 - Cost Accounting Standards Administration 13. Truth-in-negotiation Act 10 USC 2306a 14. Defective Pricing 15. Government Proposal Reviews

Course Objective - Obtain an understanding of the ◦ Acquisition cycle, contract types, procurement process ◦ Government’s expectations of how contractors cost are treated and allocated to Government contracts ◦ What is Certified Cost or Price Data ◦ Truth In Negotiation Act (TINA) ◦ Defective Pricing ◦ Cost Estimating Systems ◦ A detail walk through of a DFARS Compliant Proposal including the Adequacy Check List

 Federal Procurement – Statutes and Regulations  Small Business Set-Asides  Federal Supply Schedules  Procurement Process  Simplified Acquisition  Sealed Bidding  Competitive Negotiations  Contract Type  Contract Cost Principles and Procedures

 How To Allocate Costs – Part One  How to Allocate Cost – Part Two  How to Allocate Costs – Part Three  The Magic Circle – by Charles Wilkins  Contract Cost Principles  Profit  Defective Pricing

I. Overview II. FAR Introduction and Background III. Financial and Cost Rules – Guidance in Federal Procurement IV. Important Parts of the FAR, Parts 2, 4, 9 V. FAR Part 12 through 16 Summary- Government Contracts VI. FAR Part 42 Summary- Contract Administration and Audit VII. FAR Part 44 Summary- Subcontracting VIII. FAR Part 49 Summary- Contract Terminations IX. Cost Accounting Regulations and Standards X. Truth-In-Negotiation Act (10 USC 2306a) XI. Government audits Accounting, Administrative & Compliance Requirements of Government Contracts –Two day Course

Contract Cost Principles and Procedures Applicability Allowability Reasonableness Allocability Credits and Advance agreements Direct Cost Indirect Costs Cost Pool Structure Allowability of Cost Items

What is a Contract Closeout Contractor’s Role Closeout Plans Financial Aspects – Preparing for final payment Quick Closeouts Closeout Checklist 7 Steps for Successful Closeout