Price Analysis Tools for Evaluating Service Contracts
This recorded presentation explores the applicability of FAR-based price analysis techniques and how to apply them to a non-competitive services environment, including specific tools, techniques and market research strategies. | Self-Paced | Webinar | Intermediate | 1.5 CPE/CLP | 90 minutes | $55 member/$66 non-member
Recorded on 03/25/21
Description:
Contracting professionals who are used to analyzing prices for products will find that pricing services comes with a unique set of challenges and pitfalls. This can get even more complicated when acquiring services that are not solicited on a competitive basis. How do buyers determine that a provider’s proposed pricing is fair and reasonable when it’s the only proposal in hand? Similarly, how do sellers decide on a reasonable price without any apples-to-apples comparison? This presentation explores the applicability of FAR-based price analysis techniques and how to apply them to a non-competitive services environment, including specific tools, techniques and market research strategies.
Intended Audience: contract managers, contract specialists
Level of Difficulty: Intermediate
Learning Objectives:
- Recognize the core differences between price analysis techniques for commercial products and services vs. non-competitive services.
- Learn about the most relevant price analysis tools and techniques to apply when determining reasonableness of non-competitive services.
- Use market research to determine price reasonableness when acquiring non-competitive services.
CMBOK Competencies:
- 4.4.3 - Cost or Pricing
- 5.1.1 - Price Analysis
- 5.1.2 - Cost Analysis
Presenter:
- Jeffrey White, President, CEO, J.A. White & Associates, Inc.
Credits: 1.5 CPE/CLP
Cost: $55 Member / $69 non-member