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.

Terry Albertson is one of the course instructors of this program.