Contract Fundamentals

Course ID: 183                         Course Length: 5 day(s)

Overview:

The federal government relies heavily on contracting to fulfill government missions and statuary mandates. This puts a tremendous load on the government to provide qualified and trained people to assist in ensuring contractor compliance and employment of “best practices.” The federal government's acquisition process is highly complicated and requires strict adherence to published rules, regulations, and statutes. This course provides an in-depth examination of federal acquisition practices, policies, and procedures to acquaint contracting personnel with the acquisition process and compliance issues.

Objectives:
At the end of the workshop participants should be able to:

• Understand the acquisition cycle
• Describe the goals of the federal acquisition process
• Understand quality assurance and contract compliance issues
• Describe the major function of the phases of the acquisition process
• Understand acquisition planning and contract formation
• Identify contract requirements and types of contracts
• Understand negotiated and sealed-bid contracts and the applicability of cost or pricing
• Understand contract modifications, terminations, and claims
• Understand standards of contact for government and contractor personnel

Topics:

• History of Acquisitions
• Ethics in Federal Contracting
• Acquisition Planning
• Contracting Methods
• Contract Types
• Competition
• Source Selection
• Socio-Economic Programs
• General Contracting Requirements
• Special Categories of Contracting
• Contract Management

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