Course Scope:
Course Description: This course builds on the basic pricing skills covered in the Level I contracting curriculum. Students will learn and apply more advanced pricing methods and techniques in order to analyze a contractor's proposal and develop government negotiation objectives. This course also introduces the concepts necessary for successful negotiations. Students will use computers to aid in analysis and will receive a copy of all software tools used in class.
Pre-Requisite: CON 216: Legal Considerations in Contracting Pre-Work Requirements: Students must complete reading assignments before the first day of class. These assignments will be available online to students who have been successfully enrolled.
Course Objectives: After successful completion of this training course, the student will be able to: - Determine when cost analysis should be used - Use and apply contract audit results - Make a determination on a contractor's estimating and accounting systems - Calculate a cost objective for direct material, direct labor, other direct costs, indirect costs, facilities cost of money, and profit/fee - Calculate a price/cost objective using simple regression analysis, improvement curve analysis, and statistics - Identify the key elements of successful contract negotiations
Special Information:
There is no Special Information.
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