Basics of Contractor Purchasing System Reviews10:00 am - 5:00 pmThis course outlines and explains the components of a compliant Contractor Purchasing System. It provides insight into the requirements of an adequate purchasing system; the design of an effective purchasing system; the monitoring of a system; the support of government audits; and how to prepare and respond to a purchasing system review.Coverage will include: the prime and subcontractor relationship; consent requirements; thresholds; types of contracts; advance notification requirements; contracting officer evaluations; considerations; review objectives; regulations requirements; extent of review; surveillance; approvals; responsibilities; notifications; disclosures; reports.Learning Objectives:
Upon completion of this course you will be able to:Recognize the government’s role in the review
Demonstrate the ability to recognize different contract types
Determine if a purchasing system is inadequate
Ability to request and perform a technical analysis
Determine correct clauses related to a CPSR
Respond to a CPSR Audit
Develop a price and/or cost analysis for a CPSR
Demonstrate ability to flowdown clauses to subcontractors
Analyze related purchasing events and activities
Who should attend:
This course is designed for professionals in compliance, finance, accounting, and mid-high-level contracting positions with responsibilities related to supply chain management, purchasing, and delivery.This live virtual course is eligible for both CLE and CPE credit.VirtualLearn More »
FPS
About Capital Edge Consulting
Capital Edge government contract consultants support Government Contractors and Federal Grant Recipients. Our consultants specialize in the regulatory compliance matters you need.