Basic Contracting for Federal Financial Professionals
Course ID: 234
Course Length: 1 day(s)
Overview:
This interactive course gives the financial administrator an overview to federal contracting. The class introduces and defines various federal terminologies that are used in contracting and the various types of federal contracts.
Objectives:
At the end of the workshop participants should be able to:
- Define the goals and objectives of the Federal
Acquisition Process
- Describe the FAR - Federal Acquisition Regulations
- Explain who the players are in the Acquisition process
- Identify contracting functions
- Understand the acquisition process (Determination
of Need, Assess Market, Contract Formulation,
Contract Administration)
- Understand terminology used in contracting
Topics:
- Determining the government's needs for goods
and services
- Business analysis and strategy
- Acquisition planning
- Basics of what needs to be in a statement of work
- Writing statements of work
- Soliciting, evaluating offers, and awarding contracts
- Planning for source selection
- Pricing arrangements
- Developing a contract administration plan
- Responsibilities of administration
- Post-award orientations
- Modifications to the contract
- Changes in scope versus changes in prices
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