Description:

A wide selection of contract types is available to the government and contractors to provide needed, and often required flexibility in the government’s acquisition of supplies and services. This online course explains how contract selection during the acquisition planning phase is critical to selecting the compensation arrangement to motivate both parties and lead to mission success.

Intended Audience: Government contractors, contracting specialists

Level of Difficulty: Intermediate

Learning Objectives:

1. Discuss who will have least and maximum cost risk in different types of contracts
2. Identify Policies for selecting contract types
3. Determine distinguishing words and terms used to describe pricing arrangements from words and terms used to describe delivery/quantity arrangements
4. Review appropriate uses of incentive contracts.

CMBOK Competencies:

• 2.0 - Management
• 2.4 - Risk Management
• 4.0 - Pre-Award
• 4.1 -  Plan Solicitation 

Presenter:

• Michelle M. Currier, CFCM, CPCM, Fellow Professor of Contract Management, Defense Acquisition University

Credits: 2 CPE/CLP

Cost: 

• $180 member/ $230 non-member

Course Access:

• After registration, to access your course, visit My Virtual Training. 
• *Note: you must be logged into your NCMA profile to access your courses on My Virtual Training.