CON 270 Intermediate Cost and Price Analysis
Course DescriptionIntermediate Cost and Price Analysis continues to build upon the fundamental contract pricing principles covered in the Level I Contracting curriculum, Contract Pricing Reference Guide, and DOD Policy. The course is divided into three segments addressing contract pricing issues from a Pre-Award, Negotiation Preparation-Award, and Post-Award perspective. In the course, the students will be introduced to quantitative techniques and tools used to quantify and facilitate decision making in determining a fair and reasonable price. Students will apply various cost analysis techniques and quantitative tools to analyze a contractor’s cost proposal and to develop a government negotiation range and objective. The course is designed to prepare students for follow on DAWIA Level II certification courses, serve as a gateway into more advanced targeted contract pricing courses, and give the students some practical tools in pricing government contracts. The ultimate objective of the course is to help students become better business advisors in developing contract arrangements that are in the best interest of the government. Course Length: 10 Class Days CLPs: 80 hoursCost: CallCOURSE OBJECTIVESStudents who successfully complete this AMCI equivalent course will be able to:Given a contractor’s proposal information, develop an Excel spreadsheet to model a proposalGiven market research and proposed information from offeror(s), using sampling data, select the appropriate statistical information to use in facilitating the decision-making process.Assuming an advisory role in evaluating acquisition proposals, successfully summarize the development, assumptions, application and risk of Cost Estimating Relationships (CERs).Given market research and proposed information from offeror(s), using historical data and regression analysis, select the appropriate statistical information to use in facilitating the decision making-process.Given market research and proposed information from offeror(s), using historical data and estimating factors, select the appropriate statistical information to use in facilitating the decision making-process.Given market research and proposed information from offeror(s), using historical data and improvement curve analysis, select the appropriate statistical information to use in facilitating the decision-making process.Given market research and proposed information from offeror(s), using historical data determine the impact of Variations in QuantityGiven a Point Estimate (contract cost, ceiling price) analyze associated cost risk.Give an acquisition requirement, identify the appropriate incentive contract type arrangement to meet the customer’s needs and that will motivate the contractor to perform in the best interest of the government.Given a contract type in a competitive environment, explain the issues and factors to be considered when performing a cost realism analysis.Given a proposed contract change identify issues and factors to be considered in developing the government’s negotiation objective for a contract equitable adjustmentGiven a contract termination, identify issues and factors to be considered in pricing a termination settlement.Target AudienceContracting series GS1102 and military equivalents with authority to award or administer contracts above the Simplified Acquisition Threshold Prerequisites CON 170, Fundamentals of Cost and Price Analysis; CLC 056, Analyzing Contract Costs Introduction to Contract Pricing. CLC 024, Basic Math Tutorial and a basic proficiency in Excel are recommended.Pre-course Assignments Excel, and applications incorporating Excel functions, will be used extensively in CON270. As a self-assessment of your Excel skills, you will be asked to open the Proposal Modeling Practice document and create a spreadsheet with the problem solution. Afterwards, you will be asked to compare your spreadsheet to the Excel file that demonstrates one approach to the problem.If you are new to Excel, or if you are unfamiliar with the formatting, cell references, and formulas used in the enclosed solution, then you will be asked to select the following hyperlink to access a Microsoft Excel tutorial on creating workbooks. There is an additional link within the tutorial to access separate training on cell references and formulas. There will be graded assessments in the course requiring the use of Excel.http://office.microsoft.com/en-us/excel-help/get-to-know-excel-2007-create-your- first-workbook-RZ010076674.aspx The exercise (Pre-Course Proposal Modeling Practice.docx) will hopefully encourage you to develop at least a basic level of Excel familiarity and thereby reduce some of the burden on instructors having to remediate students in the classroom.Details will be provided 30 days prior to the class start date.Questions? Contact our training coordinator via email or phone at (202) 843.5447.
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Course DescriptionThis certified DAU-equivalent course is specifically designed for Contracting Officer’s Representatives (CORs) who are responsible for assuring that contractors are performing the technical portion of their job. COR 222 will provide CORs the breadth of knowledge required to perform their role, including knowledge related to COR roles and responsibilities, as well as fundamentals of contracting regulations, types, phases, and other elements; awareness of ethical, legal, and cultural factors that impact COR responsibilities; and information necessary to effectively evaluate situations, apply knowledge gained, and make correct decisions to carry out COR responsibilities and scenarios found in the contract planning, contract formation and contract administration phases. Course Length: 5 Class Days CLPs: 40 hoursCost: CallCOURSE OBJECTIVESStudents who successfully complete this AMCI equivalent course will be able to:Recognize the duties, limitations and authority of the COR.Identify key laws and regulations that address fraud, waste and abuse and ethical considerations in federal contractingRecognize COR responsibilities in acquisition mission support planningRecognize the COR responsibilities in the contract award processRecognize the COR’s role in tracking contract expendituresRecognize the COR’s role in tracking the contract scheduleEvaluate proposed changes under the contract so that the best interests of the government are protectedRecognize the importance of the COR as a representative of the Contracting Officer during performance of the contractReview technical submittals to ensure compliance with statement of work and contract objectivesDescribe the COR’s responsibilities in inspecting and accepting goods and services.Given a contract action, identify the delegated technical functions for which the COR is responsible.Describe the administrative duties of the COR as outlined in the delegation letter.Identify the unique characteristics of a construction contract.Identify the unique characteristics of contracts in major systems and R&D acquisitions.Methodology:Limited lecture/facilitated discussion; Research FAR and web sources; Reading assignments; Interactive activities; Case studies; Exercises; Homework** assignments **The method of instruction used in FCN 190 is based on the Thayer method. The Thayer method is unique in that it requires students to teach themselves the material prior to class (as homework) and the instructor’s role is to explain the material in class if there are any questions. Further, students are held accountable for their learning by being assessed on a daily basis. Target AudienceThis course is designed for anyone currently serving as or training to become a Contracting Officer’s Representative. Questions? Contact our training coordinator via email or phone at (202) 843.5447.