Capital Edge’s approach to purchasing system compliance has always been “one size does not fit all”; rather, our philosophy is to make the public laws and regulatory requirements work for your business model and processes. This practical and sensible approach has become the cornerstone of the firm’s reputation and continues to pay dividends for clients. We offer you the benefit of the collective experience of Capital Edge’s team and cordially invite you join the Government Contract Purchasing and Subcontracting course.
This is course addresses US Government contractor requirements related to letting subcontracts under government prime contracts and Contractor Purchasing System Review (CPSR) compliance.
Participants will learn the flow of the acquisition process, the types of procurements and the types of contracts, how to prepare a solicitation, and identify sources, how and when to perform price or cost analysis, how and when to request and evaluate performance of a technical analysis, the clauses to include in government subcontracts, , US Government contract unique purchasing related activities and events, purchasing file documentation requirements, areas to address in purchasing policies and procedures, purchasing system contractual requirements, and government oversight.
Who should attend?
This course is intended to lay the essential groundwork for CPSR compliance in your organization and provide participants with the knowledge needed to comply with US Government contractor contractual requirements regarding implementation and maintenance of an adequate purchasing system. It is recommended for those individuals who are responsible for US Government contractor purchasing or subcontracting, implementing and maintaining adequate purchasing systems and supporting US Government Contractor Purchasing System Reviews (CPSRs), and conducting oversight of purchasing systems. Whether you are the “greenest” subcontract administrator in your company or a seasoned procurement executive, and every level of procurement professional in between, you will realize the value you are seeking by exploring the CPSR foundational requirements with us.
This course covers the management of subcontracts from acquisition to closeout. Students will walk away with a basic understanding of subcontracting including the following:
– The flow of the subcontract acquisition process
– Types of procurements and types of contracts
– The differences between negotiated and competitive procurements
– How to prepare a solicitation, and identify and justify sources
– How and when to perform and document price analysis
– How and when to perform and document cost analysis
– How and when to perform technical analysis
– Which clauses to flow-down clauses in subcontracts
– Other purchasing related activities and events
– Purchasing file documentation requirements
– Areas to address in purchasing policies and procedures
– Purchasing system contractual requirements
Are you in need of ground-truth answers and insights to the following questions?
- What is a CPSR?
- What is the CPSR process from the contractor’s vantage?
- Why does the Government, specifically DCMA, perform these reviews?
- What does the Government review in a CPSR?
- What are the current CPSR requirements?
- What are the CPSR Team’s current hot buttons?
- Why should my organization care about and be prepared for a CPSR?
- When should I expect the DCMA CPSR Team to visit?
- Can streamlined processes and practices result in CPSR compliance?
- How can my employer enhance its purchasing system compliance?
- How can I prepare for my next CPSR?
- How impactful can a disapproved purchasing system be for me, my program manager and the company at large?
Still not sure if you should attend?
How familiar are you with DCMA’s current CPSR requirements? Have you seen DCMA’s current Policies and Procedures Checklist? What do you think of DCMA’s new CPSR Report template? Do you agree with DCMA’s current interpretations and application of all public laws and regulatory clauses and requirements? Are DCMA’s job aids providing the clarity you need to satisfy their expectations? Are DCMA’s hot buttons properly addressed in your purchasing environment?