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Fundamentals of Federal Contract Management
Duration: 2 Days (10 am to 5 pm with one hour lunch break)
Cost: $ 1399 + GST
Course Outline
Acquire the necessary skills set to manage federal contracts from start to finish.
Your agency does business through contractual relationships that can be very complex and daunting. Attend this seminar and learn the basics of contract management. Gain a better understanding of the Federal Acquisition Regulation (FAR) and contract management principles and guidelines. Recognize contract fundamentals from the proposal to the performance stages. And be able to conduct contract risk management and identify and thoroughly understand crucial contract clauses.
Who Should Attend
Contract managers, contract and subcontract administrators, project managers and others who want to master the skills to successfully manage federal contracts.
How You Will Benefit
- Enhance your efficiency through more effective contract management
- Avoid common contract pitfalls
- Identify important contractual requirements of your projects
- Successfully perform contract risk management
- Understand the differences of federal vs. commercial contracts
- Advance your development as a contracts professional
What You Will Cover
The Big Federal Picture
- Identifying the players in federal government contracting, acquisitions and funding
- Federal vs. commercial contracts
The Federal Map and Rules of the Road
- FAR: the Federal Acquisitions Regulation and its supplements
- FAR origin, structure and regulations
- Contract management supporting clients
- The primary principle: adopting good documentation habits
- Contract risk management
The Federal Contract Schematic
- The Federal Uniform Contract format
- Federal contract types: fixed price, cost-reimbursable, time and materials
- Provisions, clauses and forms
The Three-Prong Contract Acquisition Approach
- SAP: the Simplified Acquisition Procedure
- Sealed Bidding and FAR
- Contracting by negotiation
Show Me the Money: Contract Pricing
- The concept of "price fair and reasonable"and "adequate competition"
- Cost or pricing elements
- Defense Contract Audit Agency (DCAA) and cost accounting standards
- Cost restrictions
- Debrief process and timelines
- The Squeaky Wheel Protest
Contract Start-Up
- Notice of award and notice to proceed
- Liability insurance and bonding
- Performing 'at risk'
- Internal and external pre-performance meetings
- Project management and contract management: a comparison
A Taste of Contract Administration
- Contract administration at a glance
- Contract changes midstream
- Financing and payment process
- Illusive government property
- Subcontracting and flow downs
- Show cause and cure notices
- Claims and disputes
- Contract terminations
Organizational Contract Management Toolbox
- Databases and pricing tools
- Contract collaboration tools
- Lessons learned: an interactive summary
For more information on above course, please call us at 416-926-0616 or e-mail to marketing@key2careers.net