CON 091: Contract Fundamentals

Description

This course focuses on the fundamentals of contract formation and management principles, as well as regulatory fundamentals and their application within the Federal government. It also provides practical applications that can be applied immediately in the workplace across the Federal acquisition community.

The first week focuses on the development of critical skills necessary to locate, interpret, and apply regulatory guidance in the Federal Acquisition Regulation (FAR); Agency-level FAR supplements; and Class Deviations. Subsequent weeks focus on the fundamentals of contract formation and management principles, to include the practical application of the FAR and associated regulations and documentation to real-world scenarios

Learning Objectives

• Determine the applicability of policies and procedures in the FAR, Agency-level FAR supplements and class deviations
• Apply the principles of contract formation.
• Given an acquisition scenario, choose the information that would be included in a solicitation or contract.
• Differentiate between the types of contracts, and apply the policies and procedures for use in Federal acquisitions.
• Given an acquisition scenario, determine the applicability of the policies and procedures for small business subcontracting.
• Apply the policies and procedures for using simplified acquisition procedures.
• Determine the applicability of the policies and procedures for contract administration.
• Differentiate between the types of indefinite-delivery contracts, and determine when they may be used in Federal acquisitions.
• Differentiate between the types of agreements, and determine when they may be used in Federal acquisitions.
• Given a Federal acquisition scenario, determine the applicability of the policies and procedures for preparing and processing contract modifications.
• Given an acquisition scenario, determine the applicability of the policies and procedures for terminating contracts.
• Given an acquisition scenario, execute the process for addressing a contract performance issue.
• Given an acquisition scenario, determine the applicability of the policies and procedures for closing out contracts.

Course Details

• Course Length – 13 Days
• Continuous Learning Points (CLPs) – 104 (FED)
• Graded Materials Include: In-Class Assignments, Attendance of all Instructional Hours, Course Exercises, and Course Exams/Quizzes
• Pre-course work Required: None