Government Contract Costs

A compact three-day course in the working rules and tested techniques of contract costing and cost recovery including: 

• New FAR principles
  
• Federal grants cost issues
  
• The continuing impact of the Acquisition Streamlining Statutes and Regulations
  

In the final analysis, there is nothing more basic to the fortunes of a Government contractor than recovery of valid performance costs (plus a reasonable profit). Similarly, there is nothing more basic to the success of the Government's procurement operations than control of the costs it incurs to satisfy the Nation's needs. When the work is completed and accepted—and when the books are finally closed—it is the last entry that tells the story. Everything else is prelude.

Recognizing this fact of life, we are pleased to offer a unique short course: Government Contract Costs. Developed by Federal Publications Seminars LLC, the program includes a full three days of instruction in the dollar-and-cent realities of cost recovery. You will be tutored in the complex cost principles applicable to both fixed-price and cost-reimbursement contracts; the cost facets of bidding, negotiations, claims, and terminations; the impact of the Cost Accounting Standards; the guiding decisions of the Courts and appeal Boards; and more.

Although fresh in approach, content, and materials—including a special comprehensive Course Manual the program is a tested package. Two eminently qualified instructors will lead you through the intricacies of costs—charting parallel paths for all who are concerned with such problems. Government or industry representative; contract administrator, attorney, accountant, program manager or executive; relatively uninitiated or seasoned campaigner— whoever, you may be, you will find workable ,substance in the concentrated teaching technique of these experienced lecturers. 

Course Curriculum

• Cost Principles
  
• Cost Accounting Standards
  
• Applicability of Cost Principles
  
• Impact Of Cost Principles
  
• Advance Agreements and Disclosures
  
• The Nature of Costs
  
• Reasonableness
  
• Allocability
  
• Critical Applications of Cost Principles
  
• Specific Types of Costs
  
• The Government Contract Audit
  
• Special Considerations 
  

Terry Albertson will co-host this three day event.