Basics of Contractor Purchasing System Reviews

Oct 28 - Oct 29

Basics of Contractor Purchasing System Reviews9:00 am - 4:00 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:
- 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. American Management Association
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Arlington, VA, 22202
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