Description
You have just signed a contract, but the process does not end there. In fact, it is really just beginning. This course, which complies with the Contract Specialist (CS) Training Blueprint published by the Federal Acquisition Institute, provides guidance needed to ensure that the contract is managed correctly. You identify issues that require action by contracting personnel to ensure that the government receives what it pays for.
Who Should Attend?
Recommended for all with full-time contract management duties. Others may want to take Federal Contracting Basics (ACQI8004).
Tuition:
2024 classes:
$1,099
2025 classes:
$1,200
Credits:
24 CPE
Class Type:
This course is currently being offered in the following training modalities:
- Online
- Virtual Instructor-Led - ACQI7500A
- Class Length: This class is listed as a 3 day course.
- Virtual Instructor-Led - ACQI7500A
- On-site
Learning Outcomes:
- Plan the administration of a contract
- Conduct a post-award orientation
- Monitor a contractor's performance
- Resolve problems that may arise
- Apply remedies under the contract
- Prepare contract modifications
- Process a dispute, claim or termination
- Authorize payments under a contract
- Close out a completed contract
Day 1
Introduction
Class introduction
Administration: paperwork, CEU forms
Course objectives and overview
Lesson 1: The Legal Environment
Lesson 2: Standards of Conduct
Lesson 3: Contract Administration Planning
- Contract administration planning exercise
Contract administration plan/outline
Recap of contract administration
Day 2
Lesson 4: Postaward orientation
- Reviewing a contract file
Planning and conducting an orientation conference
Postaward orientation exercise and role-play
Recap of postaward orientation - Lesson 5: Performance Monitoring
- Performance monitoring issues
Inspection and acceptance
Performance monitoring exercise
Recap of performance monitoring - Lesson 6: Identifying and Seeking Solutions to Contract Problems
- Identifying symptoms and causes
Issuing stop-work orders
Dealing with delays
Stop-work order exercise
Day 3
Lesson 7: Contract Modifications and Options
- Determining impact of changes
Determining type of modification
Exercising options
Contract modification exercise
Recap of contract modifications and options - Lesson 8: Contract Remedies
- Invoking the correct type of remedy
Terminating the contract
Applying remedies exercise
Recap of contract remedies - Lesson 9: Contract Payments
- Determining a proper invoice
Day 4
Lesson 9: Contract Payments (continued)
- Recap of contract payments
- Lesson 10: Financial Management of Cost-Reimbursement Contracts
- Limitation of costs exercise
- Lesson 11: Contract Closeout
- Contract closeout exercise
Recap of contract closeout - Lesson 12: Disputes and Claims
- Resolving disputes
Responding to a claim
Recap of disputes and claims
Day 5
Lesson 13: Consent to Subcontracts
- Recap of consent to subcontracts
- Lesson 14: Assignment of Claims
- Recap of assignment of claims
- Lesson 15: Property Administration
- Steps in property administration
Recap of property administration - Wrap Up
Review
Course evaluation and certificates
