Government Contract Cost and Price Analysis : Level 2

When:
June 22, 2017 @ 12:00 pm – 2:00 pm
2017-06-22T12:00:00-04:00
2017-06-22T14:00:00-04:00
Where:
La Plata Campus -College of Southern Maryland
8730 Mitchell Rd Community Education Building
Room CE-120 La Plata
MD 20646
Cost:
$25

Description:

Maryland PTAC is excited to launch this special workshop in two parts. The second part will provide the knowledge of how the government evaluates a fair and reasonable price in the absence of competition or if a cost type contract is used. We will explore how costs are analyzed to establish a government negotiating position. This workshop will help to prepare you to deal better with the government during negotiations. We will also show you how the government computes a recommended fee or profit based on assessment of the contractor risk.

Workshop Details:

Attendees will participate in a discussion on how to analyze the cost elements of a price using the following examples:

*Labor costs

*Material costs

*Other direct costs

*Overhead costs

*General and Administrative (G&A) costs

*Compute fee or profit

Workshop Instructor:

Mr. Gene Townsend will lead this workshop. Mr Townsend has over 30 years in government contracting, cost and price analysis, Navy Comptroller and Chief Financial Officer. Mr. Townsend teaches cost and price analysis courses for several universities