CON 170 | The Contracting Education Academy

March 15, 2019 By cs

Don’t miss our contract cost and price analysis course in May

Georgia Tech’s course on the Fundamentals of Cost and Price Analysis (CON 170) features an in-depth review of the market research process. By attending, students gain fundamental quantitative pricing skills.

The 10-day course is being offered on May 13 – 24, 2019 on the Tech campus in the Global Learning Center in Midtown Atlanta. Registration details can be seen here.

Attendees will learn how to accomplish Cost-Volume-Profit analysis, calculate Contribution Margin Estimates, and develop Cost Estimating Relationships to achieve effective price analysis pursuant to FAR Subpart 15.4. These are the skills needed to negotiate pricing of contracts, subcontracts, and contract modifications.

Georgia Tech’s course includes an examination of the regulations and processes governing the use of cost analysis and requiring certified cost and pricing data.

After learning the basic elements of price and cost analysis, students receive instruction on how to build and defend a pre-negotiation objective, including a minimum and maximum pricing objective with a Weighted Guidelines Assessment. Students also learn how to defend pricing objectives by practicing face-to-face negotiations.

By attending, you’ll learn how to:

Identify the Government’s Pricing Objective
Review an Independent Government Cost Estimate
Apply Price-Related Factors
Review General Cost Principles on Allowability
Evaluate Direct and Indirect Costs
Determine the Applicability of Cost and Price Analysis
Practice Cost and Price Analysis Techniques
Conduct Cost Realism Analysis

Attendees receive expert instruction, a printed guide to be used back on the job, valuable handouts, and exclusive web-based resources. A complimentary breakfast is provided each morning, along with snacks throughout each class day.

This is a federal core course, required for FAC-C and DAWIA certification. Register here.

The Contracting Education Academy at Georgia Tech is an official Defense Acquisition University (DAU) equivalency training provider. Georgia Tech’s coursework also is recognized by the Federal Acquisition Institute (FAI).

December 3, 2018 By cs

2019 dates added for professional education contracting courses

Government contracting and industry officials alike now can chart their professional education plans for 2019.

The Contracting Education Academy at Georgia Tech has updated its training calendar for 2019, and all new course dates are posted at: https://contractingacademy.gatech.edu/training.

Featured courses include:

(Click on course titles for dates and registration details.)

FCN 190: FAR Fundamentals – Designed for both GS-1102 contracting personnel as well as aspiring government contractors, this 10-day course conveys basic knowledge of the Federal Acquisition Regulation (FAR), including how to apply the rules in order to make appropriate decisions at each step of the contracting process. Curriculum supports the latest revisions to the Federal Acquisition Certification in Contracting Program.
CON 090-1: Contracting Overview of the FAR – Covers the identification of the basic principles of federal government contracting, including the structure and content of the Federal Acquisition Regulation (FAR) and agency supplements. Students learn how to locate, cite, and interpret regulations.
CON 090-2: Contract Planning in the FAR – Covers acquisition planning, market research, describing agency needs, the preference for commercial and non-developmental items, contract types, special contracting techniques, socioeconomic programs, special terms and conditions, contractor qualifications, and advertising requirements.
CON 090-3: Contract Formation in the FAR – Covers policies and procedures for simplified acquisitions, sealed bidding as well as negotiated acquisitions, cost accounting standards, special contracting methods and emergency acquisitions, and the filing and handling of protests.
CON 090-4: Contract Administration in the FAR – Covers the fundamental concepts of contract administration including the handling of untimely or non-compliant performance, interpretation of clauses, contract modifications, payments, contract disputes and appeals, and complete or partial contract terminations.
CON 170: Fundamentals of Cost & Price Analysis – Conveys fundamental quantitative pricing skills, including seller pricing strategies, the Truth in Negotiations Act and how it mitigates government risk, application of Cost Accounting Standards Board (CASB) rules to negotiated contracts and subcontracts, and contract cost principles and procedures. Covers cost-volume-profit analysis, contribution margin estimates, and cost estimating relationships.
CON 243: Architect-Engineer Contracting – Focuses on contracting for architectural-engineering services, including acquisition planning, source selection, proposal analysis, contract award and work, and contract management. Specific topics and practical exercises convey knowledge of the Selection of Architects and Engineers statue, SF-330, the slate and selection process, the review of government estimates, liability, Title II services, modifications, and contracting officer’s technical representative responsibilities.
CON 244: Construction Contracting – Focuses on contracting issues unique to construction, including acquisition planning, contract performance management, funding, environmental concerns, construction contract language, construction contracting in a commercial setting, the Construction Wage Rate Requirements statute, design/build methodology, basic schedule delay analysis, constructive changes, acceleration, construction contract quality management, and more.
COR 206/222: Contracting Officer Representative and the Contingency Contracting Environment – Covers the role and responsibilities of the COR in contract administration, including contract planning support, contract awards, contract changes and modifications, monitoring performance, expenditures and schedules, and ethical situations and cultural differences a COR may experience while deployed in a contingency operation.

Explanation of Certification Programs

Each Academy course title that contains the designation “CON” or “COR” is DAU-equivalent and satisfies both the FAC-C and DAWIA certification programs. Coursework with the “FCN” designation is approved by the Federal Acquisition Institute and satisfies the latest FAC-C certification requirements. In addition, continuing education units (CEUs) are granted for these courses by the Georgia Institute of Technology.

The Federal Acquisition Certification in Contracting Program (FAC-C) establishes graduated education, experience, and training standards for contracting professionals in all civilian agencies. FAC-C certifications are mutually accepted among all civilian agencies as documentation of accomplishment of these standards.
The Defense Acquisition Workforce Improvement Act (DAWIA) established a very similar, but not identical, program for the Department of Defense (DoD). Civilian agencies may accept DAWIA certification as equivalent to FAC-C certification.

Courses Available at Your Location

All Academy courses and workshops are available for instructor-led on-site engagements at your location. To discuss arrangements for your group, please contact us at info@ContractingAcademy.gatech.edu. We’ll be happy to provide you with details.

June 6, 2018 By cs

Plan now to attend contract cost and price analysis course in July

Georgia Tech’s course on the Fundamentals of Cost and Price Analysis (CON 170) features an in-depth review of the market research process. By attending, students gain fundamental quantitative pricing skills.

The 10-day course is being offered on July 9 – 20, 2018 on the Tech campus in the Global Learning Center in Midtown Atlanta. Registration details can be seen here.

Georgia Tech’s course includes an examination of the regulations and processes governing the use of cost analysis and requiring certified cost and pricing data.

By attending, you’ll learn how to:

Identify the Government’s Pricing Objective
Review an Independent Government Cost Estimate
Apply Price-Related Factors
Review General Cost Principles on Allowability
Evaluate Direct and Indirect Costs
Determine the Applicability of Cost and Price Analysis
Practice Cost and Price Analysis Techniques
Conduct Cost Realism Analysis

This is a federal core course, required for FAC-C and DAWIA certification. Register here.

March 21, 2018 By cs

Georgia Tech is the place to learn how to analyze contractor pricing

Georgia Tech’s course on the Fundamentals of Cost and Price Analysis (CON 170) features an in-depth review of the market research process. By attending, students will gain fundamental quantitative pricing skills.

The 10-day course is being offered on April 23 – May 4, 2018 on the Tech campus in the Global Learning Center in Midtown Atlanta. Registration details may be seen here.

Our course includes an overview of the regulations and processes governing the use of cost analysis and requiring certified cost and pricing data.

After learning the basic elements of price and cost analysis, students will receive instruction on how to build and defend a pre-negotiation objective, including a minimum and maximum pricing objective with a Weighted Guidelines Assessment. Students also learn how to defend pricing objectives by practicing face-to-face negotiations.

By attending, you’ll learn how to:

Identify the Government’s Pricing Objective
Review an Independent Government Cost Estimate
Apply Price-Related Factors
Review General Cost Principles on Allowability
Evaluate Direct and Indirect Costs
Determine the Applicability of Cost and Price Analysis
Practice Cost and Price Analysis Techniques
Conduct Cost Realism Analysis

Attendees receive expert instruction, a printed guide to be used back on the job, valuable handouts, and exclusive electronic resources. A complimentary breakfast is provided each morning, along with snacks throughout each class day.

This is a federal core course, required for FAC-C and DAWIA certification. Register here.

May 25, 2016 By cs

Contract cost and price analyses are focus of July course

The Contracting Education Academy at Georgia Tech is offering a course spotlighting the Fundamentals of Cost & Price Analysis in government contracting.

To see details or to register, click here. The 10-day course is scheduled for July 11 – 22, 2016.

The Academy’s comprehensive course begins with an in-depth review of the market research process, and provides instruction to help students understand and analyze contractor pricing strategies.

Attendees learn to accomplish cost-volume-profit analysis, calculate contribution margin estimates, and develop cost estimating relationships in order to accomplish an effective price analysis pursuant to FAR Subpart 15.4.

After learning the basic elements of price and cost analysis, students will build and defend a pre-negotiation objective, including a minimum and maximum pricing objective with a weighted guidelines assessment.

Cost and price analysis is part of a plan of total market surveillance designed to understand the relationship of market forces on the acquisition of technology, products and services. — **Cost and price analysis is part of a plan of total market surveillance designed to understand the relationship of market forces on the Government’s acquisition of technology, products and services.**

This course is ideal for new hires in the contracting career field. In addition, for government contractors, this course provides invaluable insights into the government contracting decision-making process.

Student performance is assessed by graded exams on math fundamentals and applied course material as well as an exercise for student participation and completion of negotiations.

CON 170 – Fundamentals of Cost & Price Analysis is Defense Acquisition University-equivalent training that satisfies the FAC-C and DAWIA certification programs. For more information or to register, please visit: http://www.pe.gatech.edu/courses/con-170-fundamentals-cost-and-price-analysis

Georgia Tech’s course on the Fundamentals of Cost and Price Analysis (CON 170) features an in-depth review of the market research process. By attending, students gain fundamental quantitative pricing skills.

Government contracting and industry officials alike now can chart their professional education plans for 2019.

Featured courses include:

Explanation of Certification Programs

Courses Available at Your Location

Georgia Tech’s course on the Fundamentals of Cost and Price Analysis (CON 170) features an in-depth review of the market research process. By attending, students gain fundamental quantitative pricing skills.

Georgia Tech’s course on the Fundamentals of Cost and Price Analysis (CON 170) features an in-depth review of the market research process. By attending, students will gain fundamental quantitative pricing skills.

The Contracting Education Academy at Georgia Tech is offering a course spotlighting the Fundamentals of Cost & Price Analysis in government contracting.

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