Description
This virtual instructor led training (VILT) course concentrates on how the Architect-Engineer (A-E) community develops indirect rates. Students learn how to analyze a company’s overhead pools, develop a new rate based on allowable and reasonable costs, and how the base rate factors into the overall rate. Participants also learn how inflation affects indirect rates on Indefinite Delivery Indefinite Quantity contracts in the out years.
Learning Objectives
- Given the circumstance to prepare a government estimate for A-E work or evaluate an A-E proposal, interpret and justify applicable cost principles specific to A-E contracting government estimate or cost proposals.
- Given an acquisition situation, students will be able to evaluate, from the business advisor’s perspective, managerial cost accounting information to assess contractor overhead pools and develop indirect rates.
- In an acquisition environment, students will be able to interpret, from the business advisor’s perspective, pertinent government regulations, processes, and contract provisions to properly advise acquisition strategy and programmatic risk
- In an acquisition environment, students will be able to analyze, from the business advisor’s perspective, a contractor’s indirect rate structure (pool composition), to express effects on current and future billings should the contractor circumstances change.
Course Details
- Course Length: 5 Days
- Graded Materials Include: Attendance, Course Exercises/Projects, and Course Exams/Quizzes
- Pre-course work Required: Yes
- SCC offers this course virtually through the following: Adobe Connect, Microsoft Teams, Zoom for Government, and Google Meets.
