On-Demand Webinars
Pricing Negotiated Contracts - Cost Based
Procurement University - 2017
This session will focus on the pricing issues related to a negotiated contract. We will discuss Table 15.2, DCAA's criteria for a negotiated cost based contract, challenges in subcontract pricing and the DFARs Checklist. Earn CPE credits if you attend this webinar live.
On-Demand Webinars
Subcontract Price Analysis
This webinar will provide an overview of the hands-on strategies and techniques for conducting an effective price analysis regardless of subcontractors' proposals. The session addresses each of the FAR techniques for price analyses. We will examine the process of performing a price analysis as well as the importance of drafting a good Request for Proposal that will allow the prime contractor the opportunity to collect the details required in order to perform an effective price analysis. It will discuss the 7 price analysis techniques with FAR Part 15.404 and will explain how each can be used in a practical manner. Topics will include:  What is a Price Analysis?  Overview of the 7 Price Analysis Techniques  Supporting Documentation Requirements for Price Analyses  The Relationship Between an Effective Price Analysis and the RFP/RFQ
On-Demand Webinars
Truthful Cost or Pricing Data
2018 Procurement University Online
A negotiated contract (or procurement) allows the government to select a contractor on criteria other than solely a formal price competition. The FAR provides guidance for conducting these types of procurements. Only certain contract types can be used such as fixed price, incentive or cost-reimbursement. In this FPSOnline webinar session, learn how these types of contracts can be both a challenge and an opportunity for contractors. 90 Minutes.
On-Demand Webinars
Understanding the Truthful Cost or Pricing Data's Application to Subcontractors
The intent of our session is to discuss the actual applications of the Truthful Cost or Pricing Data requirement as it relates to suppliers and subcontractors. In doing so, we will discuss the following: When does Truthful Cost or Pricing Data apply?  What are the exceptions?  What are the responsibilities of by Government, the prime contractor, and the subcontractor as they relate to this requirement?  What are some of the pitfalls associated with the requirement?
On-Demand Webinars
What is Fair and Reasonable Pricing from a Contract Audit Point of View based upon FAR 15.404-4
From a recent issue audit report from the GSA Office of the Inspector General the following statements were made: The OIG recognizes that it is the contracting officer's responsibility to negotiate and award a reasonable profit rate in accordance with the guidance provided under Federal Acquisition Regulation (FAR) 15.404-4-Profit. For presentation purposes, the OIG used a 10 percent profit rate to calculate the per audit labor rate for ABC's employees. We applied this factor because the vast majority of the sales analyzed were under T&M task orders, a contract type that typically carries a lower risk to the contractor. FAR 15.404-4 provides guidance on profit and states that T&M contracts should be treated in the same manner as cost-plus-fixed-fee contracts, which limits profit to 10 percent. In addition, our position is that subcontractor labor should be treated as a pass-through cost, and profit should not be applied to this labor type. This was then used to request a 32% reduction in rate for the labor category rates for the company. The OIG performed a cost build for the labor rates that were charged on task order contracts and independently reviewed base rates, indirect rates, & profit to determine what the actual target rate should have been. The purpose of this webinar is to look at Fair & Reasonable pricing based upon the above stated approach and cover the follow questions:  Is FAR 15.404-4 an appropriate measure of the percentage of profit?  Do you add a fee to manage subcontractor labor or is it straight pass through?  GSA Schedule pricing structures (CPL vs Market Rates) : what is the impact of true historical rates usage?  What are in your indirect rates? (Do you know)  What is defective pricing?  What are the legal ramifications of defective pricing?