Sign Up For Our Weekly Emails
Get the latest updates on special offers, courses, events, webinars and books from Federal Publications Seminars.
Sign Up
Thank You
You'll soon be receiving updates about special offers, events, & more.
Get 10% Off Your Next Purchase
Sign Up For Our Emails
Sign Up
Thank You
You'll soon be receiving updates about special offers, events, & more.
Cart
Overview

This course was formerly named Contractors' Purchasing Systems Review and the name was changed in 2023.  

This course outlines and explains the components of a compliant Contractor Purchasing System. It provides insight into the requirements of an adequate purchasing system; the design of an effective purchasing system; the monitoring of a system; the support of government audits; and how to prepare and respond to a purchasing system review.

Coverage will include: the prime and subcontractor relationship; consent requirements; thresholds; types of contracts; advance notification requirements; contracting officer evaluations; considerations; review objectives; regulations requirements; extent of review; surveillance; approvals; responsibilities; notifications; disclosures; reports.

Learning Objectives:
Upon completion of this course you will be able to:

  • Recognize the government’s role in the review
  • Demonstrate the ability to recognize different contract types
  • Determine if a purchasing system is inadequate
  • Ability to request and perform a technical analysis
  • Determine correct clauses related to a CPSR
  • Respond to a CPSR Audit 
  • Develop a price and/or cost analysis for a CPSR
  • Demonstrate ability to flowdown clauses to subcontractors
  • Analyze related purchasing events and activities

Who should attend:
This course is designed for professionals in compliance, finance, accounting, and mid-high-level contracting positions with responsibilities related to supply chain management, purchasing, and delivery.

Dates/Locations
October 28-29, 2024
American Management Association
Arlington, VA, United States
Travel Info
Request Group Quote
Fill out this form and someone from FPS will contact you shortly. You can fill out as much or as little information as you would like. Prefer to talk to us? Call 651.666.2030.
Submit
Thank You
You will be contacted shortly.
Agenda
8:00 AM - 3:00 PM
La Jolla, Hilton Head and Las Vegas September Weeklong Conference Locations
8:00 AM - 3:00 PM
Orlando, FL
9:00 AM - 4:00 PM
Schedule for All Other Locations

Course Curriculum

1. Background of Contractors' Purchasing System Requirement

  1. Why the Government is concerned
  2. Applicability of purchasing systems
  3. Contract type considerations
  4. Impact of inadequate purchasing system

2. Requirements for Formal CPSR (Contractors' Purchasing
System Review)

  1. Thresholds for review
  2. Three year requirement
  3. Subcontract types evaluated in CPSR
  4. Contracting officer cognizance
  5. Government auditor (e.g. DCAA) involvement
  6. Other Government purchasing system audits
  7. Audit planning and preparation


3. Subcontract Consent and Advance Notification
Requirements Under FAR

  1. Background
  2. CPSR opinion impact on requirements
  3. Guidelines for preparing consent documentation
  4. Potential impact of not obtaining required Government
    consent


4. CPSR Criteria Under FAR

  1. Degree of competition
  2. Pricing policies and techniques
  3. Methods to evaluate subcontractor responsibility
  4. Treatment of affiliates and partners
  5. Policies and procedures pertaining to small business
  6. Planning, award and post-award management
  7. CAS compliance requirements
  8. Appropriateness of subcontract types
  9. Management control systems


5. Government Surveillance

  1. Government reporting requirements to contractor
  2. Disclosure of subcontract CPSR approval status to prime
  3. Granting approval
  4. Withholding or withdrawal of approval
     Cost or pricing data
     Implementation of CAS
     Advance notification
     Small business subcontracting


6. Cost Analysis of Proposed Subcontract

  1. Applicability
  2. Guidelines for performing cost analysis


7. Price Analysis of Proposed Subcontract

  1. Applicability
  2. Guidelines for performing price analysis



8. Government Purchasing Fraud Risk Indicators

  1. Incurred cost audits (kickbacks)
  2. Defective pricing audits (intentional overpricing)
  3. Make or buy decision changes (intentional overpricing)


9. Purchasing System Internal Control Structure

  1. DCAA internal control matrix
     Contractor compliance - training, policies and procedures
     Purchase orders and subcontract clauses
     Management of purchasing
     Selecting sources
     Pricing and negotiation
     Subcontract award and administration
  2. Contractor control environment impact to audits
  3. Leveraging SOX (Sarbanes-Oxley) purchasing internal control
    documentation
  4. Influencing scope of Government audits


10. Subcontract Management

  1. Socioeconomic considerations, prime contractor obligations
     Subcontractor obligations
     Liquidated damages
     EEO (Equal Employment Opportunity) pre-award clearance
  2. Preparation for on-site visit
     Entrance conference
     Working space
     Random purchase order audit
     Exit conference
  3. Audit protocol
     Preparation of personnel
     Liaison responsibilities
     Answering questions
     Real-time fixes
  4. Financing
  5. Subcontract closeout
Experts
  • Mike Carter
    Director, Capital Edge Consulting
    Michael is a Director at Capital Edge Consulting, Inc. and a member of the firm’s CPSR Compliance Practice. He is an expert in the Defense Contract Management Agency (DCMA) Contractor Purchasing System Review (CPSR) process.

    Michael’s areas of expertise include contractor busine...
    See Full Bio
  • Stephen "Chase" Kunk
    Managing Partner, Capital Edge Consulting
    Stephen “Chase” Kunk is a Managing Partner Capital Edge Consulting, Inc. Chase specializes in U.S. Government contract and subcontract negotiations, administration, management and purchasing system compliance. His expertise stems from his legal education, former certification as a Nation...
    See Full Bio
Accreditation
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.
CPE: Continuing Professional Education
Field of Study: Specialized Knowledge
Delivery Method: Group-Live Classroom
Federal Publications Seminars is affiliated with West Professional Development and 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 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.nasbaregistry.org.
For more information regarding administrative policies such as refunds, cancellations and complaints, please contact Federal Publications Seminars at 888.494.3696.
CPE Hours
This program is eligible for: 13.0 (CPE) hours of credit
Program Level: Intermediate
Program Prerequisite: None
Advance Preparation: None
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: 11.0 (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)
Travel
American Management Association
2345 Crystal Drive, Second Floor
Arlington, VA, 22202
5714812208
Hotel & Room Block Info

Federal Publications Seminars doesn’t have a room block for this location. AMA does not arrange hotel accommodations. However, AMA has negotiated preferred rates at the following hotels based upon availability. Be sure to mention that you are an AMA conference attendee to secure your reservation and preferred rates. Contact the hotels below directly. Note: that we recommend that reservations be made early, as the number of rooms at preferred rates is limited.

Hyatt Regency Crystal City
Click here to reserve using the AMA preferred rate. For AMA’s preferred rate enter corporate code 00433. 
Reagan National Airport
2799 Jefferson Davis Highway
Arlington, VA 22202
AMA Reservation Number 1-703-418-1234

Renaissance Arlington Capital View Hotel
Click here to reserve using the AMA preferred rate.
2800 South Potomac Avenue
Arlington, VA 22202
AMA Reservation Number 1-703-413-1300

METRO RAIL LINE:
Yellow & Blue Line – METRO Stop – Crystal City
From the METRO - AMA is 2 blocks east and 4 blocks south on Crystal Drive
http://www.amaconferencecenter.org/washington-directions-maps.htm

General Information

FOOD AND BEVERAGE
Continental breakfast and lunch will be served (DC Week ONLY). Coffee (regular & decaf), tea and water will be served throughout the day with an afternoon snack (baked goods) break.

In-House
Bring Federal Publications Seminars to your location! If you would like to offer this course in-house, please contact us.
Schedule Training
Schedule Training
Fill out this form and someone from FPS will contact you shortly. You can fill out as much or as little information as you would like. Prefer to talk to us? Call 888.865.9082.
Request a Quote
Thank You
You will be contacted shortly.
CMBOK Alignments
Leadership
Character
Collaboration
Competence
Emotional Intelligence
Vision
Management
Business Management
Change Management
Financial Management
Project Management
Risk Management
Supply Chain Management
Guiding Principles
Communication and Documentation
Contract Principles
Regulatory Compliance
Situational Assessment
Skills and Roles
Standards of Conduct
Team Dynamics
Pre-Award
Plan Sales
Plan Solicitation
Prepare Offer
Request Offers
Award
Manage Disagreements
Plan Negotiations
Price or Cost Analysis
Select Source
Post-Award
Administer Contract
Close Out Contract
Ensure Quality
Manage Changes
Manage Subcontracts
Learn
Continuous Learning
Individual Competence
Organizational Capability
Level
  • 100
    Basic or fundamental subject matter is covered. Courses are geared to general knowledge or can be taken as a refresher.
  • 200
    Specific topics or issues within a topic area are covered. Students should be familiar with terms of art and general concepts concerning the course topic.
  • 300
    Workshops and class discussions cover specific subject matter in-depth, and participation is strongly encouraged. Attendees should have at least 2-3 years' experience in the area of study.
  • 400
    Courses build upon students' knowledge and experience, and cover complex issues within the subject matter. Should have 4-5 years' mastery of subject for in-depth analysis.
  • 500
    Masters-level programs designed for professionals with 5+ years' experience. Courses cover in-depth and technical analysis on specific subjects and updates on current issues.