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In-House
No matter how large or small the team, all organizations can benefit from industry leading training tailored to their specific business needs. Learn more about Federal Publications Seminars' In-House offerings.

This course provides an in-depth look at the FAR and DFARS requirements for implementing and maintaining an adequate estimating system, preparing acceptable forward pricing proposals, and methods and procedures for assessing and minimizing the risk/vulnerability of adverse defective pricing findings from Truth in Negotiations Act violations.  The primary focus is on implementing and maintaining an adequate estimating system to take a proactive posture to defective pricing prevention.  It is recommended for financial and manufacturing personnel who provide input to or rely on output from the estimating process for proposal preparation, and those individuals who are responsible for conducting internal estimating system compliance reviews.

Learning Objectives
Upon completion of this course, the participant should know:

• The nature, intent, and requirements of the Truth in Negotiations Act (TINA)
• Underlying causes for common defective pricing findings
• The relationship of Truth In Negotiations Act (defective pricing) and estimating
• The nature and intent of estimating system requirements
• The interrelationships between estimating and other systems
• Attributes of an adequate estimating system
• Estimating deficiencies that lead to defective pricing
• The government's approaches to proposal auditing, estimating systems surveys, and postaward (defective pricing) reviews
• Techniques for preparing and supporting estimates
• Profit considerations
• Strategies for avoiding or minimizing the effect of adverse audit findings.


 Course Agenda       Day 1
I The nature and intent of estimating requirements   9:00 - 10:00
II Overview of government contracting 10:00 - 10:30
 Break 10:30 - 10:45
II Overview of government contracting 10:45 - 12:00
 Lunch 12:00 -  1:00
III Government estimating system requirements   1:00 -  2:30
 Break   2:30 -  2:45
IV Defective pricing   2:45 -  4:00
        Day 2
V Preparing and supporting estimates   9:00 - 10:15
 Break 10:15 - 10:30
VI Profit considerations 10:30 - 12:00
 Lunch 12:00 -   1:00
VII Government estimating system surveys   1:00 -   2:15
 Break   2:15 -   2:30
VIII Government proposal audits and postaward reviews   2:30 -   3:30
IX Strategies for avoiding/minimizing the effect of adverse audit findings   3:30 -   4:00
MEET YOUR CONTINUING EDUCATION CREDIT REQUIREMENTS
SEE INDIVIDUAL COURSES FOR AVAILABLE CREDITS
Certificates of Completion are provided to all seminar participants who attend Federal Publications Seminars courses following the event, upon request.
NCMA: CONTRACT MANAGER CERTIFICATION
All Federal Publications Seminars courses meet the course requirements of the National Contract Management Association’s certification programs. We are a proud Education Partner of the NCMA.
CPE: CONTINUING PROFESSIONAL EDUCATION
Federal Publications Seminars is part of West Professional Development, which is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.
CPE HOURS
This Program is eligible for: 13.0 (CPE) hours of credit
Program Level: Basic
Program Prerequisite: N/A
Advance Preparation: N/A
Method: Group Live
CLP: CONTINUOUS LEARNING POINTS
APPROVED FOR CLP BY
DEFENSE ACQUISITION UNIVERSITY
Defense Acquisition Workforce members must acquire 80 Continuous Learning Points (CLP) every two years from the date of entry into the acquisition workforce for as long as the member remains in an acquisition position per DoD Instruction 5000.66. We will provide you with documentation of points awarded for completing the event.
CLP HOURS
This Program is eligible for: (CLP) hours of credit
CLE: CONTINUING LEGAL EDUCATION
States have widely varying regulations regarding MCLE credit. LegalEdcenter is an approved provider in AL, AK, AR, CA, GA, IL, ME, MO, MS, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, PA, RI, SC, TN, TX, UT, VA, VI, VT, WA, WI, and WV. Credit may be applied for in other jurisdictions on request and in accordance with state MCLE rules.
** Please note that because some states are changing their policy on CLE reporting, you will need to fill out the request for credit from Federal Publications Seminars within 10 business days, or we may not be able to issue credits for the program.
CLE HOURS
This Program is eligible for: 11.0 (60 minutes), 13.0 (50 minutes)
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Estimating Systems and Defective Pricing
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