This is Session 2 out of 2 in the Administration of Government Contracts Virtual Course

Now that you've been awarded a federal government contract, government and contractor team members’ focus shift to administering that contract in a way that ensures that the contractor performs the requirements and delivers a usable end item or service into the hands of the end user in a timely and efficient manner.

Many issues and problems surface quickly during the contract administration phase. Both government and contractor personnel need to understand their rights and obligations under the contract and how to approach difficult situations and resolve problems to the mutual benefit of all parties to ensure that the end-users’ needs are satisfied in a timely and cost-effective manner. This specialized virtual course covers critical post-award contract administration topical areas, including the applicable contract clauses and critical issues that routinely confront the parties during contract performance.

The course is designed to stimulate critical thinking and discussion on commonly encountered contract administration issues. The application of certain key clauses and recurring issues that arise during the contract will be emphasized throughout to reinforce the importance of contract administration to successful performance and compliance.

What you will learn:
This workshop is designed to explain the legal and regulatory underpinnings of federal government contract administration by addressing all aspects of effective contract administration from initial award through contract closeout. It will provide you practical experience to keep contract performance on track by alerting you to common pitfalls encountered throughout performance of a federal government contract. The workshop will also discuss the parties’ rights and obligations under various contract clauses if an issue does arise during performance.

Learning Objectives:  This is a student-centered course designed to teach you the basics through lecture to include:

• What contract administration consists of, as well as the roles of various contracting personnel and their corresponding authority
• The basic rules relating to cost accounting & reimbursement of costs under the FAR’s Cost Principles & Cost Accounting Standards
• Subcontract placement, administration and flowdown provisions
• Government Property used or acquired in performance of a contract
• Effective management of changes, modifications and options
• Production, performance, and schedules monitoring, addressing the effect of delays, disruption, and suspensions of work
• The parties’ rights and obligations during the quality assurance process
• Contract payments and financing
• Contract terminations
• Requests for Equitable Adjustment, formal claims and the procedures for resolving disputes related to contract performance
• Contract close outs
• And more...

This live virtual course is eligible for both CLE and CPE credit.
NOTE: CPE/CLE credit for attendees are subject to participation and approval by the governing boards. NASBA CPE ACCREDITATION INFORMATION
Learning Level: Basic
Prerequisites: None
Field of Study: Specialized Knowledge
Delivery Method: Group Internet Based

For more information regarding administrative policies such as refunds, cancellations and complaints, please contact Federal Publications Seminars at 888.494.3696.

Cerifi LegalEdge 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.