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Contract Closeout

Description

This course is available as a one- or two-day offering. This elective course examines one of the most frequently overlooked functions of contract administration: contract closeout. Through this course, you will gain a working knowledge of the importance of government contract closeouts, including the general concepts, the steps to successfully complete the closeout process, and the reasoning behind those steps.

Learning Objectives

  • Determine the applicability of policies and procedures in the FAR, DFARS, DFARS PGI, and class deviations
  • Apply the principles of contract formation
  • Given an acquisition scenario, choose the information that would be included in a solicitation or contract
  • Differentiate between types of contracts and apply the policies and procedures for use in acquisitions
  • Given an acquisition scenario, determine the applicability of the policies for small business subcontracting

NCMA Competencies

A.1, A.2, A.3, B., B.2, B.3, B.4, 1.1, 1.2, 1.3, 1.4, 1.5, 1.6, 1.7, 4.0, 4.1

Course ID

CON CLO 1-EL

CON CLO 2-EL

Length

1 or 2 Days

CLPs

8 or 16

PDUs

8 or 16

Modality

In-person

Virtual

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Stay in the loop with special offers, educational content, and more.

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© 2024 Business Management Research Associates, Inc. | All Rights Reserved

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