Description
This five-day course will focus on the development of indirect rates in the Architect-Engineer (A-E) community. This course uses discussions, examples, and exercises to show you the impact that different types of cost have on indirect rates and discuss direct rates and develop a new rate based on allowable, allocable, and reasonable costs. Through this course, you will learn about the different factors that impact indirect rates and how inflation affects Indefinite Delivery indefinite Quantity contracts, as well as other government contracting vehicles through the base year and any option years.
Learning Objectives
- Explain and justify applicable cost principles specific to A-E contracting estimates and/or cost proposals when preparing a government estimate or evaluating an A-E proposal
- Evaluate managerial cost accounting information, from the business advisor’s perspective, to assess contractor overhead pools and develop indirect rates
- Analyze a contractor’s indirect rate structure (pool composition), to express effects on current and future billings should the contractor’s circumstances change
- Interpret pertinent government regulations, processes, and contract provisions, from the business advisor’s perspective, to properly advise acquisition strategy and programmatic risk
NCMA Competencies
A.1, A.2, B.1, B.2, B.5, B.6, C.3, 1.2, 1.3, 1.4, 1.5, 1.6, 2.0, 2.1, 3.1
Course ID
CON 2420
Length
5 Days
CLPs
40
PDUs
40
Modality
In-person
Virtual
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