Procurement University: Commercial Items (#3)

June 6, 2024

Procurement University: Commercial Items (#3)2:00 pm - 3:30 pmCommercial Items - Session 3 - Procurement University 2024 This is session 3 of 9 in the Procurement University webinar series. FAR Part 12 regulates commercial item acquisition. Selling a commercial item to the Federal Government sounds easy right? Wrong. The Federal Government wants to make sure it is getting a fair and reasonable price and ensure it is a commercially available item. This session will cover what determines an item or service to be commercial and how to effectively support price reasonableness. Learning Objectives: By the end of the webinar you should be able to:
Identify commercial items and commercially available off-the-shelf (COTS) items;
Determine how to classify an item as commercial and document commercial items with an adequate commercial item determination (CID);
Support price reasonableness with the appropriate method of analysis (price or cost); and
Understand the DCMA Commercial Item Group’s role in the federal acquisition process. This live webinar is eligible for both CLE and CPE credit.
NOTE: CPE/CLE credit for attendees are subject to participation and approval by the governing boards. Webinar Learn More »

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