This course introduces the essential principles of cost and price analysis in the context of federal contracting. Participants will learn how to evaluate supplier proposals, determine price reasonableness, and support sound acquisition decisions. Through practical examples, regulatory guidance, and proven techniques, the course provides the knowledge and skills necessary to meet FAR requirements while ensuring value and accountability in subcontracting. The course also explores how automation and advanced analytics are transforming procurement. By leveraging historical price tracking, predictive should-cost modeling, and market trend analysis, these tools are simplifying complex methodologies like regression analysis and best-value analysis, enabling procurement professionals to work smarter, faster, and with greater confidence. Whether you are new to the government subcontracting world or seeking to refine your analysis techniques, this course delivers actionable insights to strengthen procurement practices and prepare for audits, reviews, and negotiations. Key Takeaways:  Understand the difference between cost analysis and price analysis and when each applies.  Learn methods for establishing price reasonableness in accordance with FAR Part 15.  Explore techniques for conducting market research and comparing pricing data.  See how automated platforms streamline historical price tracking, predictive modeling, and best-value analysis.  Identify common pitfalls in documenting analysis and how to avoid them.  Gain confidence in preparing audit-ready files that withstand CPSR and customer review.

Executive orders, new regulations, class deviations, statutes, protests, and litigation all ensure that the compliance landscape for government contracts is always evolving at a breakneck pace. These changes can be difficult to track, but Federal Publication Seminars' Quarterly Update gathers the most significant changes and distills them for government contracting professionals. That usually (but not always) includes updates to:  Cybersecurity requirements  Revolutionary FAR Overhaul Updates  Changes to labor regulations and enforcement  Domestic preferences; and  Small business regulations Each session will be jammed packed with the latest information and is a valuable tool in staying up to date in an ever-changing environment.